The International Swaps and Derivatives Association (ISDA) elected 12 directors at its 28th AGM in Singapore last week.
The two new directors are Sotaro Kato, managing director, co-CAO, Global Markets Asia-Pacific at Nomura Securities, and Christopher Murphy, global head of rates and credit at UBS.
In Kato’s role at Nomura he is responsible for leading franchise development, resources management and regulatory affairs across all Global Markets asset classes, as well as the day-to-day sales and trading activities. He joined Nomura in 2002 from the Bank of Japan and has also served on the ISDA board from 2007 to 2009.
Murphy has been in his role at UBS since November last year and previously served as global head of rates trading after joining the bank in 2009. Before that he spent 14 years at Morgan Stanley, serving in roles including head of European rates trading.
The body also re-elected 10 directors; Bill De Leon, managing director, global head of portfolio risk management at Pimco, Nitin Gulabani, global head of FX, rates and credit trading at Standard Chartered Bank, Harry Harrison, managing director, head of rates trading at Barclays, Alan Haywood, president of Downstream Gas at BP, Richard Herman, global head of institutional sales at Deutsche Bank, Jonathan Hunter, global head of fixed income and currencies at RBC Capital Markets, TJ Lim, global head of markets at UniCredit, Eric Litvack, managing director, head of regulatory strategy at Société Générale, Ted MacDonald, managing director, DE Shaw & Co. and treasurer of DE Shaw Group, and Gerhard Seebacher, co-head of global fixed income, currencies and commodities trading at Bank of America Merrill Lynch.