The EMC is competent for the management of the association. Its task is in particular to carry out the decisions of the association and to administer its assets. The EMC consists of the Chairman, the Deputy Chairman and other members. The present composition of the EMC is the following:
Jesús López Zaballos (IEAF, Spain)
Dr. Jesus Zaballos took on his first professional role as a broker in the Spanish Money Market in 1984. He has worked as an expert in the Capital Market Industry, for several important private and public financial institutions, where he held a variety of responsibilities in different fields. He was Head of Domestic Treasury of the Banco de Crédito Industrial in 1991 and he was Head of Training of the Treasury and Capital Markets areas of Argentaria (1995-1998).
In 1999, having obtained the PHD in Finance, Dr. Zaballos left his job as a Bank Executive Manager to create "Formación y Finanzas, SL", a Business Consulting and Financial Advisory firm specialized in advisor and training activities for the Financial Industry. At present he is the chairman of the company.
In 2002, he joined the Instituto Español de Analistas Financieros (IEAF) as General Manager of its Training School and continues there at present. Since 2006 he has also been the Managing Director for International Affairs of the IEAF. He is the Director of the professional certification programs in Spain: CIIA, CEFA, Back Office Manager, European Financial Advisor and Asset Manager and Treasury Manager given by IEAF.
Since 2013 he has been founding partner of Aureo Wealth Advice EAFI, S.L, a wealth manager company registered in the Spanish regulator. In 2014 he was appointed member of the Advisory Board of Docout, a specialized company in outsourcing services, in business processes, records management and consulting, with high technological tools.
Dr. Zaballos is the EFFAS Chairman as well as Board member of ACIIA, ILPIP, EFFAS, GIPS and IATEC Spain. He was a member of the Financial Markets Commission of the Economist Association of Madrid between 2004 and 2008 and Chairman of the Training and Qualification Committee of EFFAS from 2005 to 2008.
PhD in Management & Business Administration at San Pablo CEU University, Madrid (1999), summa cum laude, and Degree in Economics & Business Administration at Complutense Universtity, Madrid (1985). He also has a Diploma in General Management (PDG) from IESE (1997). Since 1990 he has been a usual Lecturer and Visiting Professor in Seminars and specialized courses in several Universities and Business Schools.
Friedrich Mostböck (ÖVFA, Austria)
Fritz Mostboeck has a master's degree in Business Administration from the Vienna University of Economics and Business Administration and has successfully completed the OVFA/EFFAS course of financial analysis, which earned him the degree of CEFA, i.e. Certified European Financial Analyst. Since 1996, Mr. Mostboeck has been Head of Group Research and Chief Analyst of Erste Group Bank AG. Here, he is in charge of macroeconomic, fixed income and equity research in Poland, the Czech Republic, Slovakia, Hungary, Croatia, Serbia, Romania, Turkey and Austria. In addition, his division is responsible for the definition of the global investment strategy, which basically provides input for the asset allocation of Erste Group. Mr. Mostboeck has years of experience in interacting with global institutional investors, especially those with a focus on Central and Eastern Europe.
He has been a member of the OVFA board (Austrian Association for Financial Analysis and Asset Management, www.oevfa.at) and has been president of OVFA since 2003, having been re-elected in 2012. Since 2006, Mr. Mostboeck has been a member of the board of EFFAS (The European Federation of Financial Analysts Societies, www.effas.com), the umbrella organization of all analyst associations in Europe. In 2012, he was elected the deputy chairman of EFFAS. He is also the co-chairman of the EFFAS Commission of ESG (environmental, social, and governance issues) and is a member of the Austrian Working Committee for Corporate Governance and of the Austrian Financial Reporting and Auditing Committee.
Hans Buysse (ABAF-BVFA, Belgium)
Mr Hans Buysse is a Chairman of Syncap Belgium, the Belgian Partner Firm of Clairfield International, a worldwide corporate finance firm that provides advisory services, mainly in cross-border mergers and acquisitions, to both international corporations and family-owned enterprises across an array of industries. He has more than 20 years banking and corporate finance experience and this includes buy side and sell side assignments, as well as MBO and IBO, within the energy & utilities sector, telecom, real estate and infrastructure as well as having extensive experience in structured finance, financial restructuring, strategic advisory, valuations and PPP.
Hans started his career at KU Leuven, then moved to Generale Bank in 1992 (Corporate Banking, Group Treasury (financial markets) and Central Credit Department). He co-founded the Corporate Finance division at Deloitte & Touche Belgium in 1997, worked as a partner for KPMG Corporate Finance up to 2007 and at NIBC Bank Belgium where he was head of Advisory.
Mr Buysse is the Chairman of the Belgian Association of Financial Analysts an EFFAS Executive Management Committee member and Treasurer and XBRL Europe Executive Committee member. He is also a member of the ESMA Corporate Reporting Standing Committee’s Consultative Working Group.
Hans holds a master’s degree in Applied economics, specialized in finance, a master’s degree in Management and a degree in Tax and is a Certified European Financial Analyst (FSA accredited).
JEAN – BAPTISTE BELLON, SFAF FRANCE
Mr Bellon join the French Association of Financial Analysts board (SFAF) in 2013, he has been a member of the association for more than 25 years.
Mr Bellon is an independent financial analyst, his company Trapeza Conseil services asset managers, institutional investors, consultants and brokers in the field of banking firm and banking industry analysis. He started his career as an analyst in an industry intelligence company in Paris (DAFSA) and then worked at CCF (now HSBC France) in Paris in 1987-1995, first in the corporate finance department and then at the equity broker subsidiary. He moved to Deutsche Bank European equity broker in 1995-2004 with banking coverage.
Mr Bellon has a Ph D in Economics (1982, growth and inequality) from Paris Panthéon-Sorbonne University and graduated from Sciences-Po Paris (1981, IEP, Economie et Finances).
Mr Bellon has been a member of EFFAS board since 2013, a member of EFRAG user panel, a member of the French accounting standard setter (ANC) International Committee, and a member of French Market Authority (AMF) Corporate Working Group (Commission Consultative Emetteurs). He teaches banking analysis and corporate finance in various universities and schools (SFAF, Edhec, Escp Paris, CFVG Hanoi, Paris Dauphine, Paris XIII, …).
Manuel Puerta da Costa (APAF, Portugal)
Manuel Puerta da Costa has a Master's taught degree in International Finance and Graduate Degree in Economics, from the Porto Economics Faculty (Faculdade de Economia do Porto, Portugal) where he was a Teacher in several subjects for several years, including as an Invited professor “Financial Markets and Instruments”. He has also completed in 1995 the CFA diploma of financial analysis, being the first Portuguese resident to obtain the ICFA’s certificate of Chartered Financial Analyst. Since 1992, Mr. Puerta da Costa has held several positions in BPI Group (now part of Caixabank Group) as Sector Equity Analyst, Head of Research, Head of Capital Markets , being appointed as Executive Director in BPI Equity Broker from 1996 to 2000. From 2000 to 2010 he was responsible for creating a new Team , within BPI´s Private Banking Division, responsible for managing HNW and UHNW individual portfolios, launching successfully a new range of Multi-Asset Products that now are at the core of BPI’s Asset Management product offer. From 2008 he was appointed to the Boards of BPI Asset Management (BPI AM) and BPI Insurance and Pensions (BPI VP), and in 2010 he took over the Real Estate Funds and Pension Funds managed in-house. Mr. Puerta da Costa has years of experience in interacting with several areas of Financial markets, namely institutional investors, Equity Analysts and Real Estate managers.
He has been a member of the APAF´s board (Associação Portuguesa de AnalistasFinanceiros, www.apaf.pt)since 2008 and has been President of APAF Board of Directors since 2015, after being a deputy the previous 3 years. Since 2017, Mr. Puerta da Costa has been a member of the board of EFFAS (The European Federation of Financial Analysts Societies, www.effas.com), the umbrella organization of all analyst associations in Europe. In 2017, he was also elected member of the Board of EFAMA – European Fund and Asset Management Association, as a representative of the Portuguese association of Fund Managers . He is also the member of the TQC of EFFAS and a member of the Financial Analyst College of the Portuguese Economists Bar. He has lectured in several seminars and conferences in the last 25 years.
Alberto Borgia (AIAF, Italy)
Since 2017 Mr. Borgia has been the Chairman of AIAF Associazione Italiana Analisti e Consulenti Finanziari. Mr. Borgia is also a Member of OIV (Organismo Italiano di Valutazione) and member of NedCommunity. He is responsible for Governance, Financial, HR, background, has broad experience in Corporate Advisory, M&A and Restructuring, Business Development and Investor Relations.
Mr. Borgia has a deep knowledge of legal and corporate affairs, financial markets, telecommunication, automotive and cables. He worked in the past in finance in industry. He was, among other things, a member of Pirelli's Management Committees, Olivetti, Telecom Italia, taking on roles with responsibility in dealing with financial markets and corporate finance.
Mr. Borgia has a degree in Political Science, Cesare Alfieri Political Science Faculty, Florence, Italy with a thesis on the European Investment Bank. He has a post Graduate in Bank Management S.D.A.– L.Bocconi University – Italy He is author of numerous publications and enrolled in the special section of journalists in Milan.
Ralf Frank (DVFA)
Ralf Frank joined DVFA in 2002. He has been Managing Director of DVFA since 2004, and Secretary General of the association since 2011.
Prior to his current positions Ralf held several senior management positions at an American industrial machinery manufacturer and was senior staff at a pan-European management consulting firm. He studied in Brussels, Essen, Manchester and Sheffield and holds an M.A. in Sociology and Communications from Essen University in Germany and an MBA from Sheffield Hallam University in the UK.
He is author of several articles and publications on finance, banking, financial communication and sustainability, as well as an appreciated speaker and panellist in Germany and abroad.
Ralf represents DVFA in several committees such as the Advisory Board of the German Financial Market Authority BaFin, the Investors and Markets Advisory Committee (IMAC) of Deutsche Börse, and until the end of 2014 was a member of the International Integrated Reporting Committee’s Council.
He is 56 years old, married and has three children.