The Association for Financial Markets in Europe (AFME) has announced that Northern Trust and State Street have joined the Association as Board members. They join 24 other leading European wholesale banking groups on AFME’s governing body.

The individuals representing these Members on the AFME Board are Justin Chapman, Executive Vice President - Global Executive Securities Services and Global Head Market Advocacy & Innovation for Northern Trust and Martine Bond, Executive Vice President and Head of Global Markets Business in EMEA and GlobalLinkX for State Street.

Adam Farkas, Chief Executive of AFME, said: “We are delighted to welcome Justin and Martine to the AFME Board. We are very fortunate to welcome two such highly experienced market professionals and the addition of their deep expertise which will provide valuable input, in particular, to the work of our Technology and Operations and Post Trade divisions. We now have 26 leading global and European investment banks driving the decision-making on the AFME Board, further strengthening our voice as the trade body for Europe’s wholesale capital markets.”

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Biographies of the new Board Members:

Justin Chapman is the Global Executive in charge of Securities Services at Northern Trust where he is responsible for strategy and profitability. Justin is also the Global Head of the Market Advocacy & Innovation Research organization which coordinates Northern Trust's engagement with key industry associations and regulatory engagements whilst researching and framing new market and technology innovations to drive profitable business growth and operational efficiencies. 

Martine Bond is Executive Vice President and Head of Global Markets business in EMEA and GlobalLink at State Street, responsible for electronic trading solutions, that help clients maximize efficiency while reducing trading costs for foreign exchange, cash and derivatives.