ESMA appoints Carlos San Basilio as the new member of its Management Board

AI summary of the source article

The European Securities and Markets Authority (ESMA) announced the appointment of Carlos San Basilio from Spain's Comisión Nacional del Mercado de Valores (CNMV) as a new member of its Management Board. San Basilio replaces Carlo Comporti of Italy's CONSOB, who is stepping down to assume the position of ESMA Chair effective 1 November. The election occurred during the Board of Supervisors meeting in Paris on 6 October 2026. Chaired by the ESMA Chair, the Management Board is tasked with ensuring the authority fulfills its statutory mission and performs all assignments required under its founding Regulation.

Why it matters

The Management Board plays a central governance role in ensuring that ESMA performs its statutory mission and regulatory tasks across EU financial markets.

Key facts

• Carlos San Basilio of CNMV was elected to ESMA's Management Board on 6 October 2026.
• He replaces Carlo Comporti, who will step down to become ESMA Chair effective 1 November.
• The Management Board is responsible for ensuring ESMA carries out its mission under its founding Regulation.