On May 12, 2016, IOSCO announced that Mr. Ashley Alder had been appointed as the new Chair of the IOSCO board. Mr. Adler replaces Mr. Greg Medcraft, who has been chair for three years. Mr. Jean-Paul Servais will succeed Mr. Alder in his current position of Vice Chair. Mr. Alder is also the Chief Executive Officer of the Securities and Futures Commission (SFC) Hong Kong.

The announcement is available at: http://www.iosco.org/news/pdf/IOSCONEWS427.pdf.