The International Stock Exchange (TISE) has appointed Philip Braun to the Board of its regulatory arm.
Jersey-based Mr Braun was appointed as an independent Non-Executive Director of The International Stock Exchange Authority Limited (TISEA) with effect from 1 February 2024.
Anderson Whamond, Chair of the Group, said: “I am very pleased to welcome Phil to the Board of TISEA. Phil brings a wealth of experience and expertise from across the financial services industry, both in the Channel Islands and internationally, which will be hugely valuable in executing the strategic and operational oversight of a well-regulated exchange.”
Mr Braun has over 25 years’ experience in the financial services industry, with a particular focus on investment funds and fiduciary services. He is a Director of both listed and unlisted investment companies and a Fellow of the Institute of Chartered Accountants of England and Wales.
"Phil brings a wealth of experience and expertise from across the financial services industry... which will be hugely valuable in executing the strategic and operational oversight of a well-regulated exchange.”
Having begun his career in London, Phil moved to the ‘big four’, working in Australia and the Channel Islands, before being appointed to a Jersey-based international fiduciary business as the Head of Funds. In 2007 he joined BDO as lead audit partner of the Jersey firm and during his 16 years in this role, he established a dedicated financial services audit and assurance business and oversaw the division’s growth to become the fifth largest provider of audit services to funds in Jersey. He was also involved in the provision of business advisory and restructuring services, advising his clients on a range of complex matters.
Mr Braun said: “I am delighted to join the Board of TISEA. There have been some very impressive recent developments at TISE, such as the record numbers of new bond issuances and the launch of TISE Private Markets, and I am excited to be involved with such a fast-growing and dynamic business.”
"I am excited to be involved with such a fast-growing and dynamic business.”
Mr Braun joins TISEA following the appointment of Nick Bayley as Chair of the Board from 1 January 2024. Based in the UK, Mr Bayley has been an independent Non-Executive Director of TISEA since 2021.
With more than 30 years’ experience working in the financial services industry, in professional services, with regulators and exchanges, his previous roles include Head of Department, Markets Policy & International Division at the Financial Conduct Authority (FCA), and Head of Regulation & Head of Trading Services at the London Stock Exchange (LSE).
Mr Bayley and Mr Braun are accompanied on the TISEA Board by Guernsey-based executive directors Cameron Craine (Head of Listings) and Jon Richards (Head of Market Regulation).