The Global Legal Entity Identifier Foundation Announces New Chairperson

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The Board of Directors of the Global Legal Entity Identifier Foundation (GLEIF) has appointed Steven A. Joachim as the new Chairperson. Based in the United States, Mr. Joachim brings over forty years of leadership experience across not- for-profit, governmental and corporate organizations, with a specific focus on financial technology and innovation. He joins GLEIF from the Financial Industry Regulatory Authority (FINRA), where he was Executive Vice President of Transparency Services.

In his new role, Mr. Joachim will chair the Board that oversees GLEIF’s strategic direction and stakeholder interests at a pivotal time for the organization, as it evolves the Global Legal Entity Identifier (LEI) System to support broader adoption of the LEI across the public and private sectors worldwide. An immediate priority will be to support GLEIF’s close collaboration with the global banking community to achieve significant benefits of wider LEI usage in banking beyond regulatory reporting, and the use of the LEI as a foundation for digitizing unique organizational identities under a regulatory umbrella.

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