The Board of Directors of ASIFMA, the financial industry’s leading regional trade association, has elected Gene Kim, managing director and regional head, Financial Markets, Greater China & North Asia of Standard Chartered Bank, as its new chairman.
Kim takes over from David Ratliff, managing director and head of Banking and Markets for the Asia Pacific Public Sector Group of Citi, who just completed his three-year term and will remain on the Board as Chairman Ex-Officio.
In his role as Chairman, Kim will oversee the implementation of ASIFMA’s new three-year business plan, which focuses on its 90 plus member firms’ key regulatory and operational priorities across the region covering Fixed Income, Equities, FX, Policy and Regulatory Affairs and Asset Management.
Kim joined Standard Chartered Bank in 2007 as the head of Global Markets in Korea. Since February 2011, he has headed the Financial Markets in Greater China & North Asia. Before joining Standard Chartered Bank, Kim was a managing director at Credit Suisse. Until 1999, he worked in New York, where he founded and was the President of Horizon Advisors, Inc., an investment management company.
Among its current range of core initiatives, ASIFMA is focused on ongoing technical issues for Shanghai-Hong Kong Stock Connect, the expected launch of Shenzhen-Hong Kong Stock Connect, the launch of a China Bond Connect, cybersecurity for the financial sector, and regional compliance with G20, FSB and Basel commitments.