Stephen O'Connor elected new chair of Isda

Morgan Stanley's global head of OTC client clearing takes the helm

The International Swaps and Derivatives Association (Isda) has named Stephen O'Connor as its new chair, having been elected by the Isda board of directors in mid-April.

O'Connor will serve his new role alongside his current position as global head of over-the-counter client clearing at Morgan Stanley, where he has worked since 1988.

In the position of chair, O'Connor replaces Eraj Shirvani, head of fixed income at Credit Suisse for Europe, the Middle East and Africa. Shirvani has served for three

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