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Industry news

ISDA board appoints Hong as new Chair


31 July 2025 US
Reporter: Carmella Haswell

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Image: LinkedIn
The International Swaps and Derivatives Association (ISDA) has elected Amy Hong as the new chair of its board of directors.

As head of strategy, investments, and partnerships in the Global Banking & Markets division at Goldman Sachs, Hong is responsible for leading strategic initiatives with a focus on market structure, systemic and operational risks, and industry digitisation.

She has worked for Goldman Sachs since 2006 and joined the ISDA board in June 2020.

Hong succeeds Jeroen Krens, who has stepped down in accordance with ISDA’s bylaws following his departure from HSBC.

Commenting on the appointment, Scott O’Malia, ISDA’s CEO, says: “Amy will bring a lot of energy to the role and I’m looking forward to working with her as we map out the next priorities for ISDA to ensure we deliver on our mission of fostering safe and efficient markets into the future.

“I’d also like to thank Jeroen for his many contributions spanning market structure, digitisation, and capital during more than 10 years on the ISDA board. Although his time as chair was relatively brief, he made a meaningful impact in helping to define ISDA’s strategic direction over the next decade.â€

Hong adds: “It’s a privilege to take on the role of chair in ISDA’s 40th anniversary year and at an important time for the derivatives market.

“As new technologies are deployed and numerous rules are finalised and implemented globally, ISDA is uniquely positioned to provide the standards, solutions, and regulatory engagement necessary to ensure derivatives markets continue to function efficiently around the world.â€
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