ESMA Chair Steven Maijoor to Leave after 10 Years

​The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has been informed that Steven Maijoor, whose term as Chair of ESMA ends on 31 March, will join the Governing Board of De Nederlandsche Bank (DNB) on 1 April 2021.

In his new position as member of DNB's Governing Board he will be responsible for banking supervision. Steven Maijoor has a long track record as a board member and chairperson of various financial supervisory authorities.

Following a post as professor of business economics and dean at the School of Business and Economics of Maastricht University, he was a director at the Dutch fellow regulator AFM, the Authority for the Financial Markets, between 2004 and 2011. He then became the first Chair of ESMA. Steven graduated in business economics at the University of Groningen and obtained a doctorate from Maastricht University in this field.

DNB President Klaas Knot said, “We are delighted that Steven will be joining our Governing Board. He has extensive experience as a board member of supervisory authorities, both in the Netherlands and in a European context. His vast national and international network will contribute to the effectiveness of DNB as a supervisor of the Dutch financial sector and our cooperation in European banking supervision within the ECB's Single Supervisory Mechanism."