The International Swaps and Derivatives Association (ISDA) has appointed Stephen O’Connor as its new chairman. O’Connor is managing director, global head of OTC client clearing, at Morgan Stanley. He will replace Eraj Shirvani, who has served as chairman of the derivatives trade group since April 2008. Shirvani is managing director, head of fixed income for EMEA region at Credit Suisse, and will remain on the association’s board.
Click here for the release from ISDA.