Paul Richards to step down as Head of ICMA’s Market Practice and Regulatory Policy
After working for over 50 years in international capital markets and with the official sector, including the last 16 years as Head of Market Practice and Regulatory Policy (MPRP) at ICMA, Paul Richards will be stepping down from this role at the end of June 2024. He will then assume the position of Senior Advisor to ICMA until the end of 2024. Paul has served the financial services industry and the official sector in an exemplary manner over the decades. During his tenure as Head of MPRP at ICMA, Paul has worked with members on, among other issues, the implications of the global financial crisis and Brexit as well as LIBOR transition in the bond market, where he chairs the RFR Bond Market Sub-Group at the request of the FCA and the Bank of England.
Bryan Pascoe, ICMA Chief Executive said: “I would personally like to thank Paul for his extraordinary dedication and commitment, and for the unique contribution he has made to ICMA and the international capital markets more broadly. I look forward to continuing to work with Paul in his current and future roles through this year.”
A comprehensive search for Paul’s succession will begin immediately and further information will follow once this has been undertaken.