ICMA Board elects new chair
7 May 2026 The Board of the International Capital Market Association (ICMA) has elected Stephen Fisher, Global Head of Government and Public Affairs, Deutsche Bank AG, London, as Chair of the ICMA Board of Directors.
As Global Head of Government and Public Affairs, Stephen is responsible for leading Deutsche Bank’s engagement in regulatory policy and geopolitics in key global markets. Stephen is active in several trade associations, joining the Board of ICMA in 2022.
Learn more about the function of the ICMA Board and a full list of its members here.
Stephen Fisher
Stephen is the Global Head of Government and Public Affairs at Deutsche Bank, based in London. In this role Stephen is responsible for leading Deutsche Bank’s engagement in regulatory policy and geopolitics in key global markets. Stephen is active in several trade associations, joining the Board of the International Capital Market Association in 2022.
Stephen has over 25 years of regulatory policy experience. He spent 13 years with BlackRock as a senior member of the Global Public Policy Group, based in Brussels and London. Prior to BlackRock, Stephen worked for several years in trade associations representing European banks and in the public sector in the UK for the then newly created Financial Services Authority (now Financial Conduct Authority) and HM Treasury. He has previously held advisory roles for regulatory bodies in the Middle East.
Stephen holds Masters degrees from the University of St. Andrews and the University of London and speaks several European languages. He is married with three children, is a keen cyclist, runner and swimmer, has held various leadership positions in local politics and charitable foundations and is passionate about social mobility.



