ESMA appoints Ante Žigman to its Management Board
Ante Žigman, President of Hanfa Board, has been appointed as a member of the Management Board of the European Securities and Markets Authority (ESMA). He will take up his position on 6 July 2025. This appointment confirms his professional and continuous contribution to ESMA’s work, in particular with regard to strengthening the stability and efficiency of the European Union’s capital markets and developing regulatory policies in the context of digital finance, sustainable finance and data quality management. Moreover, this is a confirmation of Hanfa's professional work as an integrated supervisor of the financial market.
The Management Board of ESMA is chaired by Verena Ross, and the other six members are representatives of the national regulators of Germany, Italy, Greece, the Netherlands, Finland and Croatia. The Management Board is the key governing body of this European supervisor, responsible for ensuring the implementation of the mission and tasks under the ESMA Regulation. The Board focuses on strategic and operational issues, including the development and implementation of the multiannual work programme, as well as the management of ESMA’s budget and human resources.
Together with the European Insurance and Occupational Pensions Authority (EIOPA) and the European Banking Authority (EBA), ESMA is one of the three European Financial Supervisory Authorities and an independent advisory body to the European Commission, the European Parliament and the Council of the European Union. It is tasked with developing uniform rules for EU capital markets, ensuring the consistent application of European regulation in the Member States and coordinating and supporting national supervisory authorities.
It is interesting to note that the President of Hanfa Board has also been a member of the Management Board of EIOPA for two years. Thus, from 6 July, Croatia will simultaneously have the same representative in the top management bodies of the two European supervisory authorities, which is a unique case.
Through this, Hanfa reaffirms its commitment to actively participate in the design and implementation of the European supervisory standards, with a view to strengthening the stability and integrity of the financial system.
More information is available here.
