Carlo Comporti appointed Chair of the European Securities and Markets Authority

AI summary of the source article

The European Securities and Markets Authority (ESMA) announced that the Council of the European Union has confirmed the appointment of Carlo Comporti as its next Chair, effective 1 November 2026. Comporti succeeds Verena Ross, who has led the EU financial markets regulator for the past five years. Comporti brings extensive regulatory background, having served as a Commissioner at Italy's CONSOB since February 2022, where he was also a member of ESMA's Board of Supervisors and Management Board and Chair of its Digital Finance Standing Committee. Earlier in his career, he was Secretary General of CESR and an executive at Promontory.

Why it matters

The leadership change places an experienced regulator at the helm of the EU's chief financial markets authority at a critical time for European capital market development and digital finance oversight.

Key facts

• Carlo Comporti will take up his role as Chair of ESMA on 1 November 2026.
• His appointment was confirmed by the Council of the European Union in Brussels.
• Comporti succeeds Verena Ross, who concluded a five-year tenure as ESMA Chair.