The International Organization of Securities Commissions (IOSCO) said it appointed Hans Hoogervorst as Chairman of the IOSCO technical committee. His term will run for two years.
Hoogervorst is the Chairman of the Autoriteit Financiële Markten (AFM), the Netherlands Authority for the Financial Markets, and has served as vice-chairman of the technical committee since 2009. He will replace Kathleen Casey, a commissioner of the U.S. Securities and Exchange Commission, as chairman and will be succeeded as vice-chairman by Masamichi Kono of the Financial Services Agency of Japan.
Prior to his appointment as the Chairman of the AFM, Hoogervorst was the Minister of Health, Welfare and Sport of the Netherlands from May 2003 to February 2007. He was also previously the Minister of Finance and State Secretary for social affairs and employment in the Dutch government. Hoogervorst is also currently chairman of the monitoring board of the Accounting Standards Committee Foundation (IASCF) where he represents IOSCO’s Technical Committee.