In other People Moves news, a regional director of SEC Chicago is leaving, Moelis & Co. has a new MD, and the SEC has named a new chief of the Foreign Corrupt Practices Act (FCPA) unit.
SIX Group Names Successor to Urs Rüegsegger
Jos Dijsselhof. Group CEO, SIX Group
The SIX Group board of directors has tapped Jos Dijsselhof to be the next Group CEO starting Jan. 1, 2018, succeeding Urs Rüegsegger who announced in May 2017 that he would be retiring from the company that encompasses exchanges, financial data and related businesses.
The Group CEO news follows a reorganization of the company’s business areas and divisions.
Before the board’s vote, Dijsselhof most recently served as chief operating officer (COO) from 2014 to June 2017, a period that included CEO ad interim in 2015 for Euronext in Amsterdam, officials say. “During his career, Jos Dijsselhof has successfully headed several change projects and gained a wealth of experience in securities and financial data, as well as the payments business, so he is fully familiar with the business models of SIX,” according to SIX Group officials.
A Dutch citizen, Jos Dijsselhof, is a veteran of international management in the financial sector, and has held positions at ABN Amro Bank, Royal Bank of Scotland (RBS) and the ANZ Australia and New Zealand Banking Group in several countries, including Hong Kong and Singapore, officials say.
“I am delighted to have found in Jos Dijsselhof an experienced manager for SIX with strong leadership qualities and an outstanding track record,” says Romeo Lacher, chairman of the board of directors, in a prepared statement.
Regional Director of SEC Chicago Office to Depart
David Glockner, director, Chicago regional office, SEC
The SEC reports that David Glockner, director of the Chicago regional office, is planning to leave the agency before the end of November.
Since late 2013, Glockner, who also chaired the SEC’s cybersecurity working group, has headed a staff of approximately 270 enforcement attorneys, accountants, investigators, and compliance examiners, who are “involved in the investigation and prosecution of enforcement actions and the performance of compliance inspections in the nine-state Chicago region that is home to roughly 20 percent of the nation’s population,” the SEC says in a statement.
During his tenure as regional director, the Chicago office has brought “many significant enforcement actions,” the SEC says in a statement, including charges against State Street Bank and Trust Company, “which agreed to pay $12 million to settle charges that it conducted a pay-to-play scheme through its then-senior vice president and a hired lobbyist to win contracts to service Ohio pension funds.”
Before joining the SEC as the Chicago regional director, Glockner was a “managing director and head of the Chicago office of a digital risk management and investigations firm,” the SEC notes, adding that he “also spent nearly 25 years as a criminal prosecutor in the U.S. Attorney’s Office for the Northern District of Illinois, including 11 years as chief of the office’s criminal division.”
Moelis & Company Hires MD from Stamford Partners
Marco Acaia, managing director, Moelis & Co.
Moelis & Company, an investment bank, reports the appointment of Marco Acaia as a managing director “providing financial and strategic advice to consumer clients in EMEA and internationally.”
Acaia, based in London, has more than 17 years of investment banking experience, “having worked at Morgan Stanley and JP Morgan in both Milan and London and most recently as a partner at Stamford Partners in London,” Moelis says. He works with European companies “in verticals across the consumer sector including food and beverage, food ingredients, household and personal care, and luxury goods,” per Moelis.
Moelis tallies more than “700 employees in 19 geographic locations in North and South America, Europe, the Middle East, Asia and Australia.”
SEC Promotes to Fill FCPA Chief Post
Charles E. Cain, chief, FCPA, SEC enforcement division
SEC officials report that Charles E. Cain has been named chief of the enforcement division’s national specialized Foreign Corrupt Practices Act (FCPA) unit, which focuses on “violations of the anti-bribery provisions of the federal securities laws.”
Cain has been as acting chief of the FCPA unit since April 2017. Previously Cain was the unit’s deputy chief. He joined the SEC in 1999, following private practice in Washington, D.C., and has “spearheaded numerous significant and complex” FCPA investigations tenure, the SEC says.
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