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Appointments

Nicolas Mackel elected speaker of new EU financial roundtable



Nicolas Mackel, CEO of Luxembourg for Finance, was appointed speaker of the EU Roundtable of Financial Centers, a new industry forum, on 9 November 2021. Library picture: Nicolas Mackel is seen speaking at a conference in January 2019. Photo credit: Jan Hanrion/Maison Moderne

Nicolas Mackel, CEO of Luxembourg for Finance, was appointed speaker of the EU Roundtable of Financial Centers, a new industry forum, on 9 November 2021. Library picture: Nicolas Mackel is seen speaking at a conference in January 2019. Photo credit: Jan Hanrion/Maison Moderne

The head of Luxembourg for Finance has been named speaker of the new EU Roundtable of Financial Centers.

Nicolas MackelNicolas Mackel was elected to the post on Tuesday during its inaugural board meeting, held in Luxembourg.

The EU Roundtable of Financial Centers is an umbrella group for “eleven organisations representing EU financial centres from eight EU member countries... which aims to promote the creation of a common EU financial market, as well as strengthen cooperation, efficiency and exchange regarding financial services between EU member states,” according to Luxembourg for Finance.

Luxembourg for Finance is a promotion agency backed by the grand duchy’s government and industry associations. The organisation’s other members are the Berlin Finance Initiative, Febelfin, FinanceEstonia, FinanceMalta, Finanzplatz Hamburg, Frankfurt Main Finance, Italian Banking, Insurance and Finance Federation (FeBAF), Paris Europlace, Stichting Capital Amsterdam and Stuttgart Financial.

Mackel has been CEO since 2013. He previously was a diplomat, with postings at Luxembourg missions in Shanghai, Washington and Brussels. Mackel said he was “very grateful and honored to have been elected speaker” and that there was “a lot of work ahead of us on issues of common interest”.

The roundtable’s meeting continues on 10 November. The roundtable has been discussing the EU banking and capital markets unions, sustainable finance and post-pandemic economic recovery.

Updated with full list of roundtable members