Reinhard Bellet new President of European umbrella association

A change has occurred at the top of the European Derivatives Association. The members of the European umbrella association have unanimously elected Reinhard Bellet as the new president.

As Managing Director of X-markets at Deutsche Bank, Reinhard Bellet acquired many years of experience with structured products and, like his predecessor Siegfried Piel on the Management Board of the Derivate Forum from 2005 to 2008, has made an outstanding contribution to the development of the derivatives industry. With his skills and reputation, Reinhard Bellet thus constitutes a worthy addition to the European management team.