Finra taps executive for board chair

The Financial Industry Regulatory Authority Inc. said Friday that its board of governors had elected current Finra public governor Eric Noll as its next chair.

Noll succeeds Eileen Murray, whose term concluded Friday at the annual meeting of Finra firms. The CEO of Context Capital Partners, Noll first joined the Finra board in August 2020, and has since served on a variety of its committees.

Prior to joining Bala Cynwyd, Pennsylvania-based Content Capital in 2019, Noll served as president and CEO of ConvergEx Group and as executive vice president of transaction services at Nasdaq OMX Inc.

Finra is overseen by a 21-member board of governors, the majority of whom are public members, meaning from outside the securities industry.

Finra also announced several other appointments to its board on Friday.

Linde Murphy was reelected for a second three-year term as a small-firm governor. She is president and chief compliance officer of M.E. Allison & Co. Inc. and first joined the board in 2019.

The Finra board also said it had recently appointed two new public governors: Moira Kilcoyne, founder of MAK Management Consulting, who began on July 1; and Fabiola Arredondo, founder and managing partner of Siempre Holdings, who will join the board at the start of next year.

Meanwhile, Camille Busette, senior fellow in governance studies at the Brookings Institution, and Ethiopis Tafara, vice president and chief risk, legal and administrative officer at the Multilateral Investment Guarantee Agency of the World Bank Group, were reappointed as public governors.

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