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Bellet for Piel at the European Derivatives Association

Reinhard Bellet has been elected the new president of the European Derivatives Association (EDA), replacing Siegfried Piel who leaves the post after parting company with Sal Oppenheim.

Bellet is the managing director of X-markets at Deutsche Bank, and has been on the management board of the Derivate Forum since 2005.

“Siegfried Piel was dedicated to our goals and thus made a significant contribution to the successful development of the derivatives and certificates market in Germany and Europe, and we are grateful to him for this,” says Roger Studer, vice-president of the EDA.

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