Marc Lackritz appointed sole SIFMA CEO

The Securities Industry and Financial Markets Association today announced that it has appointed Marc E. Lackritz as its sole chief executive.
Micah S. Green, who has served SIFMA and its predecessor organization, The Bond Market Association in leadership roles for two decades, has resigned effective mid-April and will refocus his professional activities in the Washington area, according to a statement released by SIFMA.
Mr. Lackritz and Mr. Green have served as co-CEOs of SIFMA since it was formed in the November 2006 merger of the Securities Industry Association and BMA.
The board has concluded that a single CEO structure is necessary to accelerate the post-merger integration process. With one CEO, SIFMA will increase efficiency, speed decision-making and establish a clear chain of command with unambiguous responsibility for policies and procedures,” said Ed Forst and Ellyn McColgan, co-chairmen of SIFMA, in the statement.
“Marc Lackritz’s broad and deep experience makes him ideally suited to lead SIFMA and effectively represent the diverse interests of all member firms. On behalf of the Board, we wish Micah Green all the best in his future endeavors.”
SIFMA is based in Washington and London.