The US Securities Industry and Financial Markets Association (SIFMA) has appointed Kenneth Bentsen as its new president and CEO, succeeding Judd Gregg with immediate effect.
In his new role, Bentsen will be responsible for ensuring trust in the financial markets and fostering the importance of capital markets in financing a growing American economy.
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Most recently, Bentsen served as president of SIFMA. Previously, he served as executive vice president of public policy and advocacy since 2009 overseeing SIFMA’s legal, legislative and regulatory affairs.
According to SIFMA, Senator Gregg will continue to work with the association in the role of senior advisor.
Jim Rosenthal, SIFMA chairman and chief operating officer of Morgan Stanley, said: "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."
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