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Press Release ASIFMA names Mark Austen as CEO

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					            Release Date: May 30, 2012
            Contact: W. Victoria Becker, +852 2537 3029, vbecker@asifma.org

                                         ASIFMA names Mark Austen as CEO

            Hong Kong, May 30, 2012 — The Asia Securities Industry & Financial Markets
            Association (ASIFMA) has appointed Mark Austen as its new chief executive, with effect
            from the end of June 2012.

            Mark joins ASIFMA after seven years at the Association for Financial Markets in Europe
            (AFME) and its predecessor bodies, where he held various positions, including head of
            Capital Markets, acting chief executive and, most recently, chief operating officer. Prior
            to AFME, he was head of Legal and Compliance at MTS Group, the dominant fixed
            income trading platform in Europe. (See Mark’s full biography here.)

            ASIFMA is the leading pan-Asian industry association for debt capital markets, and its
            members comprise global and regional banks, securities dealers, brokers, asset
            managers, credit rating agencies, law firms, trading platforms, and clearance and
            settlement providers.

            David Lynne, managing director, head of Global Rates Asia at Deutsche Bank and
            ASIFMA’s chairman commented:

                  “Mark brings a wealth of experience which will build on the excellent success the
                  association has enjoyed under Nicholas de Boursac’s leadership over the last five
                  and a half years.

                  “His expertise across a full range of asset classes (e.g., fixed income, foreign
                  exchange, and equities) will be vital as ASIFMA expands its activities in the region.”

            Mark Austen, ASIFMA’s new chief executive commented:

                  “It’s exciting to be joining ASIFMA at such an important time for the financial sector.
                  With markets facing unprecedented levels of financial reform at both regional and
                  global levels, I believe ASIFMA is well positioned to promote Asian market
                  development and harmonization and to amplify the pan-Asian voices in the global
                  dialogue.”

            Mark’s appointment ties in with the anticipated expansion of ASIFMA into a full service
            industry association in terms of asset class coverage, including equities. This will build
            on ASIFMA’s original mandate to develop debt capital markets in the region. Recently,
            ASIFMA has been at the forefront in respect of the tax developments in India, the
            general anti-avoidance rule (GAAR) and the indirect transfer rules in particular. The
            association also plays a significant role in the ongoing evolution of the offshore renminbi
            (RMB) market.

            In recognition of Asia’s increasingly important role on the global stage, Mark will also
            facilitate ASIFMA’s engagement in global regulatory reform efforts in coordination with
            ASIFMA’s global alliance partner, the Global Financial Markets Association (GFMA).

            Simon Lewis, GFMA’s chief executive said:


www.asifma.org
Unit 610 | 6th Floor | Bank of America Tower | 12 Harcourt Road | Central | Hong Kong | +852 2537 1789 | info@asifma.org
     “As financial regulation becomes increasingly interconnected, Mark’s extensive
     understanding of financial reform will serve ASIFMA well, as global developments
     impact Asia and Asian regulatory developments influence the global stage.”

                                                Ends

Notes to Editors


The Asia Securities Industry & Financial Markets Association (ASIFMA) is an independent association
that promotes the development of liquid, efficient and transparent capital markets in Asia and
facilitates their orderly integration into the global financial system. ASIFMA priorities are driven by over
40 member companies involved in Asian capital markets, including global and regional banks,
securities dealers, brokers, asset managers, credit rating agencies, law firms, trading and analytic
platforms, and clearance and settlement providers. ASIFMA is located in Hong Kong and works
closely with global alliance partners: the Global Financial Markets Association (GFMA), the Securities
Industry and Financial Markets Association (SIFMA) and the Association for Financial Markets in
Europe (AFME). More information about ASIFMA can be found at: www.asifma.org. (See a list of
ASIFMA's board of directors.)




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