ESMA Appointed Carlos San Basilio to Management Board
The European Securities and Markets Authority named Carlos San Basilio to its board following an election in Paris.
Updated on Oct. 9, 2026 in People
The European Securities and Markets Authority (ESMA) Board of Supervisors has elected Carlos San Basilio to serve on its Management Board. He is a current member of the Comisión Nacional del Mercado de Valores.
Why it matters
The appointment facilitates a leadership transition within the regulatory body as it prepares for a new board composition. This move follows the departure of Carlo Comporti, who is vacating his seat to serve as the Chair of ESMA.
The new board composition is set to take effect on 1 November 2026. This appointment follows the election held by the Board of Supervisors.
The players
Carlos San Basilio
He is a member of the Comisión Nacional del Mercado de Valores who was elected to the ESMA Management Board.
Carlo Comporti
He is an outgoing member of the ESMA Management Board who will assume the role of Chair of ESMA.
European Securities and Markets Authority
This is an independent European Union authority that contributes to the safety of the financial system.
The details
Carlos San Basilio was selected for the position during a Board of Supervisors meeting held in Paris. He will step into the role as current member Carlo Comporti departs to assume his new responsibilities leading the agency.
Timeline
6 October 2026: The Board of Supervisors elected Carlos San Basilio in Paris.
1 November 2026: Carlos San Basilio begins his term and the new board composition takes effect.
Market Landscape
This leadership transition aligns with the standard operational cycles of the European Securities and Markets Authority. Such appointments help the organization maintain regulatory continuity within the European financial markets.
This appointment ensures ongoing oversight of European financial markets, which provides stability for investors and market participants. The leadership change is expected to proceed without disruptions to current regulatory functions.
The takeaway
Leadership changes at major regulatory bodies are essential for maintaining the integrity of international financial systems. Stakeholders should note these transitions as they often signal shifts in upcoming supervisory priorities.
What happens next
Carlos San Basilio will formally begin his term on the Management Board on 1 November 2026. On the same date, Carlo Comporti will officially assume the role of Chair of ESMA.
Further reading
For more information on personnel updates, visit People.
