The FICC Markets Standards Board (FMSB) today announces that Martin Pluves has decided to step down from his role as CEO.
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Martin joined FMSB in 2019 and has played a pivotal role in all FMSB activities, including the establishment of new Working Groups, the finalisation of several Standards and the production of a series of Spotlight Reviews looking at various areas of market practice.
Alongside his role at FMSB, Martin has significant charitable and other commitments, including to the Ellen MacArthur Cancer Trust where he is a Trustee. He has decided the time is right for him to take a step back from his full-time leadership role in financial services to allow him to focus his efforts and time on these non-executive roles.
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The FMSB Ltd Board has appointed a search firm to find a successor to Martin, who will be staying in his role until the Spring to ensure an orderly transition.
Mark Yallop, Chair of FMSB said: “On behalf of everyone at FMSB I want to thank Martin for his tremendous contribution as CEO. He has been an extremely effective leader and during his time FMSB has produced a range of important materials, all of which support its role of enhancing the fairness and effectiveness of wholesale markets. Martin’s charitable and other interests will be big winners from our loss and we wish him every success as he begins a new chapter in his career. He has very generously agreed to remain at the helm and help us to locate his successor in an orderly transition; we have already started this process and believe it will attract a range of high calibre applicants.”
Martin Pluves, CEO of FMSB said: “I have hugely enjoyed my time at FMSB, which is a unique organisation that brings together a wide range of market participants. I am extremely grateful to all FMSB members for the support and effort they have shown, as well as to my colleagues in the FMSB Secretariat. FMSB plays a vital role in wholesale markets and I’m sure will continue to be successful as I step away from full-time leadership to dedicate more time to a range of different projects which are close to my heart.”
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