The Investment Association (IA) has promoted Johannes Woelfing to the newly created role of head of European affairs, as the trade body looks to expand its presence on the continent.
Woelfing, who previously served as a regulatory and legal specialist, will be responsible for the IA's policy work with regards to the EU and setting up the IA's first ever EU base in Brussels.
The trade body announced the planned establishment of a Brussels base, which is yet to be finalised, earlier this year, with the intention of better representing its members' international business models, as well as working more closely with EU policymakers and regulators.
Chief executive of the IA Chris Cummings explained: "It is essential the IA has a more permanent voice in Brussels that can help represent our industry and the clients they serve at a European level."
Woelfing has served four years at the IA, leading its work on macro prudential regulation and financial stability. He is also a member of European trade body EFAMA's financial stability and prudential requirements working group, and a former political advisor at the European Parliament.
Cummings added: "Johannes' industry, legal and policy experience within the European Parliament and the IA will be valuable to ensure the asset management industry's voice is better understood by policy makers and regulators in Europe."
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