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Sifma’s CEO to step down
17 December 2013
Kenneth Bentsen to take over leadership of the US association
The US Securities Industry and Financial Markets Association
(Sifma) has appointed Kenneth Bentsen as CEO in addition to his
current role as president.
Bentsen will replace former Senator Judd Gregg who is stepping
down as CEO after just eight months in the role. He will
continue to work as a senior advisor to the association.
"[Bentsen] has been an outstanding member of the Sifma
management team for the past five years and we are pleased he
will lead Sifma in our important mission of ensuring trust in
our financial markets and fostering an understanding of the
important role effective and efficient capital markets play in
financing a growing American economy," said Jim Rosenthal,
Sifma chairman and chief operating officer of Morgan
"[Bentsen's] extensive knowledge of our industry will be
critical as we communicate with regulators, Congress and the
broader public in the coming years. I also want to thank
[Gregg] for his valuable insight over the last year and am
pleased he has agreed to remain involved with Sifma as a senior
advisor as we communicate the important role a vibrant
financial system plays in providing access to capital and
credit that promotes economic growth and job creation."
Bentsen has worked at Sifma for several years and previously
served as a member of the US House of Representatives from
Texas where he sat on the House Financial Services Committee
and separately on the House Budget Committee.