ACI FMA Appointed New Foreign Exchange Leadership

The ACI FMA has named Hugh Whelan as the new Chair of its Foreign Exchange Committee.

Updated on Sept. 29, 2026 in People

Isometric editorial illustration featuring metallic currency tokens and interconnected modular hubs, representing the structure of global financial leadership.
The ACI FMA has appointed Hugh Whelan as the new Chair of its Foreign Exchange Committee to lead global trading initiatives. AI Illustration. Upload story photo >

Live Poll

Do you believe professional trade associations effectively improve standards in the financial industry?

The ACI FMA announced the appointments of Hugh Whelan as Chair and Jon Healey as Vice Chair of its Foreign Exchange Committee. The transition follows the conclusion of Healey's tenure as interim chair.

Why it matters

These appointments ensure continued leadership for the ACI FMA as it navigates the evolving global trading environment. The new committee heads are tasked with maintaining the organization's objectives and ongoing activities within the financial sector.

The incoming chair, Hugh Whelan, brings 11 years of experience from EBS and a background as a co-founder of FXSpotStream. He currently serves as Head of Liquidity Management and Data Strategy at SGX FX.

The players

Hugh Whelan

He is the newly appointed Chair of the ACI FMA Foreign Exchange Committee and the President of ACI UK.

Jon Healey

He has been appointed as the Vice Chair of the ACI FMA Foreign Exchange Committee after serving as its interim chair.

ACI FMA

This is an international organization representing the interests of financial market professionals.

SGX FX

This is a financial services firm where Hugh Whelan currently serves as Head of Liquidity Management and Data Strategy.

The details

Hugh Whelan, who also serves as President of ACI UK, will lead the committee alongside Jon Healey, who returns to his previous role as Vice Chair. The team will focus on driving committee objectives and advancing activities within the global trading industry.

Timeline

  1. September 29, 2026: ACI FMA announced the new leadership appointments.

  2. 2024: Hugh Whelan joined SGX FX.

Market Landscape

These leadership changes reflect the ongoing professionalization and strategic realignment within major financial industry bodies. The transition positions the organization to maintain its influence against other global trade associations and regulatory committees.

While these administrative changes do not immediately alter retail trading platforms, they signal a shift in the guidance and standards governing the foreign exchange market. Market participants should watch for new policy initiatives or educational standards introduced by the committee under its new chair.

The takeaway

Effective leadership transitions are vital for maintaining stability in global financial committees. Industry professionals should keep track of such appointments as they often precede changes in market best practices and committee-led initiatives.

Further reading

For more on industry leadership trends, visit the People section.

Source note: This article includes information reported by Finance Magnates.

Live Poll

Do you believe professional trade associations effectively improve standards in the financial industry?