Executive Committee

A. Michael Lipper (Chairman)

President Lipper Advisory Services, Managing Partner LSF Partners LP, a private hedge fund; Author of Money Wise
Former: Founder, Lipper Analytical Services, Inc, now owned by Reuters as Lipper Inc., Former Chairman of Advisory Committee to NYSE Board of Directors.

James F. Duffy (Treasurer)

Principal, Oversight & Governance Solutions, LLC; Senior Advisor, Mediant Communications, Inc.
Executive Vice President and General Counsel, NYSE Regulation, and Executive Vice President and General Counsel, American Stock Exchange

William Foster (Vice Chairman Planning)


Former: CEO, New Zealand Stock Exchange; Chief Operating Officer, Abu Dhabi Securities Market; Executive Director, Mudara Institute of Directors in Dubai International Financial Center

David E. Franasiak (Vice Chairman Administration)

Vice President of Finance and Executive Committee of Williams & Jensen Law Firm, Washington, D.C.
Former: Office of Chairman, Ernst & Young; Director of Tax, U.S. Chamber of Commerce; British Petroleum; Staff Director to Tax Oversight Subcommittee U.S. House of Representatives

Prof. Dr. Ruediger von Rosen (Deputy Treasurer)

Managing Director, Deutsches Aktieninstitut e.V., Frankfurt and Brussels
Former: Head of Press Information and Personal Adviser to the President of the Deutsche Budnesbank; Executive Vice President and Speaker of the Board, Deutsche Böerse A.G.

Gilberto de Souza Biojone Filho

CEO of Ancor Associação das Corretoras de Valores, Câmbio e Mercadorias(National Association of Brokerage Houses); CEO of SGB Participações e Assessoria Ltda., Sao Paulo

Former: CEO, Bovespa – Sao Paulo Stock Exchange

Paul Man Yiu Chow

Council of Hong Kong Institute of Certified Public Accountants; Board of World Federation of Exchanges; Advisory Committee of HK Securities and Futures Commission (“SFC”) and other Boards and Councils
Former: Chief Executive Hong Kong Exchanges and Clearing; Vice Chairman World Federation of Exchanges; CEO, HSBC Asset Management, Asia Pacific, ex-Japan Region

Dato Nik Mohamed Din

Executive Chairman, OSK Group
Former: Executive Chairman Kuala Lumpur Stock Exchange

Michel Maquil

Conseiller indépendant; Conseiller du Président Banque centrale Luxembourg
Former: CEO, Luxembourg Stock Exchange, Luxembourg

Aril Seren

Former: Vice Chairman, Istanbul Stock Exchange; Secretary General FEAS

Steven M. Shelton

Cornerstone Global Group, LLC, Chicago
Former: President Scottish Crown Life Insurance Company, Bermuda; President, Northstar U.S.; Executive Vice President Nuveen Investments

Roland Tibell

Advisor, Bourse Consult LLP;
Managing Partner, Tibell & Associates;
Consultant, Rosenblatt Securities’ consulting team
Former: President OMX US; President OMX Financial Markets; President OM Exchange Systems; CIO Stockholm Stock Exchange