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TWO NEW BOARD MEMBERS AT THE ECGI

Brussels, 29 April 2014. At the General Assembly of the ECGI held at the Royal Academy of Belgium, Jill Fisch, Perry Golkin Professor of Law and Co-Director, Institute for Law and Economics at the University of Pennsylvania Law School, and Hideki Kanda, Professor of Law at the University of Tokyo Graduate Schools for Law and Politics, were elected to the ECGI Board. They were nominated on the recommendation of the ECGI’s Nominations Committee, proposed by the ECGI Board and their appointment was approved unanimously by ECGI members. They replace Professor Guido Ferrarini and Professor Katharina Pistor who have resigned at the end of their three-year term.

At the same meeting, Professor Gerard Hertig, interim Chairman of the ECGI reported that the Nominations Committee has been asked to begin the process of finding a new Chairman to replace Jörgen Holmquist whose untimely death was reported reported recently.

Following these changes, the ECGI Board now comprises 10 Directors.

Jill E. Fisch is an internationally known scholar whose work focuses on the intersection of business and law including the role of regulation and litigation in addressing limitations in the disciplinary power of the capital markets. Professor Fisch is a member of the American Law Institute and a former chair of the Committee on Corporation Law of the Association of the Bar of the City of New York.
Hideki Kanda's main areas of specialisation include commercial law, corporate law, banking regulation and securities regulation. Professor Kanda served as Visiting Professor of Law at the University of Chicago Law School in 1989, 1991 and 1993, and Visiting Professor at Harvard Law School in 1996.

Professor Gerard Hertig, ECGI interim Chairman, said We welcome our two new Board members, whose knowledge and experience will strengthen our academic presence in The United States and Japan and be especially helpful to the ECGI in furthering our two high-level corporate governance dialogues between Europe, Asia and North America.

"The ECGI is most indebted to Professor Ferrarini and Professor Pistor for their valuable contribution to the Institute, the former as Vice-Chairman from 2003 to 2012."

The ECGI, which was founded in 2002, is an international scientific non-profit association. It provides a forum for debate and dialogue between academics, legislators and practitioners, fostering research on major corporate governance issues and thereby promoting best practice.

Among its foremost activities are the Transatlantic Corporate Governance Dialogue, now in its tenth year, which was established to bring together leading academics from law, economics and finance, regulators, judges, law makers, corporate leaders, investors and other corporate constituencies to engage in forward-looking discussions of corporate governance issues that are or will be at the forefront of policymaking on both sides of the Atlantic, and the more recent EU Asia Corporate Dialogue, a parallel activity which is now in its third year after major conferences in Tokyo and Beijing.

- ENDS -


For further information:
Professor Gerard Hertig, ECGI interim Chairman hertig@recht.gess.ethz.ch
Jeremy Miller, ECGI Director of Communications

Notes for Editors:

1. The full composition of the ECGI Board is at:
- http://www.ecgi.org/members_directory/board_members.php

2. See biographies of the two new Board members at:
- http://www.ecgi.org/members_directory/member.php?member_id=1553
- http://www.ecgi.org/members_directory/member.php?member_id=781

4. See the ECGI website for the remit and composition of the ECGI’s Nominations Committee at:

- http://www.ecgi.org/committees/nominations_committee.php