SIFMA's Senior Management Committee

T. Timothy Ryan, Jr.
President & CEO

T. Timothy Ryan, Jr. is President and Chief Executive Officer of the Securities Industry and Financial Markets Association.

Mr. Ryan was Vice Chairman, Financial Institutions and Governments, at JPMorgan Chase where he was a member of the firm’s senior leadership.  Mr. Ryan was a member of the Investment Banking Coverage/M&A Management Committee. 

Mr. Ryan is a director of The U.S. Japan Foundation, International Foundation for Election Systems, and Mortgage Roundtable.  He is also a private sector member of the Global Markets Advisory Committee for the National Intelligence Council (NIC). 

From 2002 to 2004, Mr. Ryan was a member of the US-Japan Private Sector/Government Commission with responsibility for Corporate Restructuring and NPL workout.  Mr. Ryan also served from 2000 to 2004 as a Board Member and Chairman of the Audit Committee at Koram Bank in Seoul, Korea.  Prior to joining JPMorgan in 1993, Mr. Ryan was the Director of the Office of Thrift Supervision, U.S. Department of the Treasury.  As OTS Director, Mr. Ryan was the banking and securities regulator for the nation's approximately 2,000 thrifts and managed 3,000 employees in 11 offices around the nation.  He was also a principal manager of the savings and loan cleanup which involved closing approximately 700 insolvent institutions, improving capital bases and selling over $300 billion of assets.  Mr. Ryan was a Director of the Resolution Trust Corporation and a Director of the Federal Deposit Insurance Corporation.  From 1983 to 1990, Mr. Ryan was a Partner in the Washington, D.C. office of the law firm Reed, Smith, Shaw & McClay, where he headed the Pension Investment Group and was a member of the firm's Executive Committee.  From 1981 to 1983 Mr. Ryan was Solicitor of Labor, U.S. Department of Labor.  Mr. Ryan is a graduate of Villanova University and American University Law School.

Randy Snook
Senior Managing Director, EVP

Randy Snook is a Senior Managing Director and Executive Vice President for the Securities Industry and Financial Markets Association, or SIFMA. Mr. Snook joined the Association in July of 2005. He is responsible for overseeing the Association’s three business groups (Capital Markets, Private Client and Asset Management) as well as technology, operations, conference services, user pay activities including educational programs and membership and member services.

Prior to joining the Association, Mr. Snook held several senior positions at Goldman Sachs, including co-head of the Credit Capital Markets New Issue Desk, co-head of the Corporate Bond Business Unit and head of the Investment Grade Syndicate. Mr. Snook became a partner at Goldman in 2000. Before joining Goldman Sachs, he was an Associate at Drexel Burnham Lambert and an Assistant Treasurer at Bankers Trust.

Mr. Snook holds a BS in civil engineering and an MBA degree from Rensselaer Polytechnic Institute. He and his wife Deann live in Mountain Lakes, New Jersey with their four daughters.

Frank W. Baier
Chief Financial Officer and Chief Administrative Officer

Frank W. Baier is Chief Financial Officer and Chief Administrative Officer of the Securities Industry and Financial Markets Association, or SIFMA. He is responsible for Finance, Human Resources and Information Technology

Prior to joining SIFMA, Frank Baier worked as a consultant at Meridian Capital Group advising the company on a number of capital market ideas including acquisitions, public and/or private offerings and principal investment structures. He joined Meridian from Independence Community Bank, where he served from 2001-2006, in positions including chief financial officer. He held the same title at ContiFinancial Corporation, where he worked from 1996-2001. Baier also served in corporate finance for RJR Nabisco from 1987-1996.

Baier is a CPA. He received his undergraduate degree from Seton Hall University and his M.B.A. from the Leonard N. Stern School of Business, New York University.

Scott DeFife
Senior Managing Director, Government Affairs

Scott DeFife is Senior Managing Director, Government Affairs for the Securities Industry and Financial Markets Association, or SIFMA. Before joining SIFMA, DeFife served as senior policy advisor for fiscal, economic and energy issues to House Majority Leader Steny Hoyer (D-MD), for whom he had worked since 2003. He also served as legislative director to Congressman Bart Gordon (D-TN) and staff director to Congresswoman Karen McCarthy (D-MO).

Off the Hill, DeFife has represented the American Public Power Association, the National Conference of State Legislatures, and the State of Texas in advocacy and policy positions related to state and municipal finance, tax and pension issues.

DeFife received his BS from the University of Texas at Austin and a Masters of Public Affairs from the Lyndon B. Johnson School of Public Affairs.

Ira Hammerman
Senior Managing Director and General Counsel

Ira Hammerman is Senior Managing Director and General Counsel for the Securities Industry and Financial Markets Association, or SIFMA. Prior to the formation of SIFMA, Ira D. Hammerman served as senior vice president and general counsel of the SIA.

Previously, Hammerman was a partner of Clifford Chance US LLP, the global law firm, where he specialized in securities regulatory and enforcement matters. He has over twenty years of experience representing many broker-dealers and investment advisors on a wide variety of securities law issues. Hammerman joined Rogers & Wells, the predecessor to Clifford Chance, in 1985 as an associate. He became partner in 1994 and served in a variety of firm management roles, including managing partner of the Washington office from 1998 through 2003 and chief operating officer of the Americas region from 2002 to 2003.

Hammerman received his law degree from Georgetown University Law Center and his bachelor's degree from Emory University. He is a member of the District of Columbia and New York Bars.

Richard Hunt
Senior Managing Director, Government Affairs

Richard Hunt is Senior Managing Director, Government Affairs for the Securities Industry and Financial Markets Association, or SIFMA. Prior to the formation of SIFMA, Richard Hunt served as SIA's senior vice president, federal policy. He has an extensive political and public policy background. Prior to joining SIA, Hunt worked on the staff of Rep. Jim McCrery (R-LA), chairman of the Select Revenue Measures Subcommittee of the House Ways and Means Committee, from 1989 until 2001, serving seven years as chief of staff.

Hunt also worked as Rep. McCrery’s campaign chairman and in the incumbent retention division at the National Republican Congressional Committee in 2000.

Hunt earned a bachelor’s degree in business marketing from the University of Southwestern Louisiana in Lafayette, Louisiana.

Christina Martin
Senior Managing Director, Global Strategic Communications

Christina Martin is the Senior Managing Director, Global Strategic Communications for the Securities Industry and Financial Markets Association, or SIFMA. Prior to the formation of SIFMA, Christina Martin served as Senior Vice President, Corporate Communications of SIA. Christina will continue her work connecting with our members and helping to define the public perception of our industry.

Martin came to SIA from the communications firm Powell Tate|Weber Shandwick where she was executive vice president. Prior to joining SIA, Martin served as the senior vice president of public affairs and communications for the Cellular Telecommunications & Internet Association.

Martin also served as Press Secretary to Speaker of the House Newt Gingrich, and worked in the White House Office of Speechwriting for President George H.W. Bush. She is the veteran of three presidential campaigns.

Christina Martin earned a Bachelor of Arts degree in economics from the University of Kansas. Martin recently served as a fellow at Harvard’s Kennedy School of Government’s Institute of Politics.

Karsten Moller
Senior Managing Director, SIFMA-Europe and Asia

Karsten Moller is Senior Managing Director and head of London and Asia for the Securities Industry and Financial Markets Association, or SIFMA. Mr. Moller oversees SIFMA’s efforts in Asia, specifically providing management support and direction to the Asia Securities Industry Financial Markets Association (ASIFMA). He works with his colleagues to represent SIFMA’s members around the globe on issues such as market development, cross border trading and market regulation.

Moller held a number of positions at Goldman Sachs around the world, including head of debt capital markets coverage in the U.S., head of fixed income in Germany and co-head of European debt capital markets in London. He was elected partner and managing director in 1996. Prior to working at Goldman Sachs, Mr. Moller held positions at Merrill Lynch, JPMorgan and Shell International. 

Mr. Moller holds a B.A. and M.S. degrees in political science from the University of Copenhagen and an MBA from the University of Pennsylvania, Wharton School from which he graduated with honors. A Danish citizen, Mr. Moller currently resides in London.

Ileane F. Rosenthal
Senior Managing Director, Strategic Development

Ileane F. Rosenthal is senior managing director, strategic development at SIFMA, which she joined on April 1, 2008.  Ms. Rosenthal brings to SIFMA three decades of trade association and non-profit management experience in policy, member relations, and operations.

She is responsible for identifying and making operational processes that ensure SIFMA’s efficient and effective service to its membership. 

Ms. Rosenthal joined SIFMA from the International Biomedical Research Alliance (IBRA), where she was president.  IBRA is an innovative, multidisciplinary organization that Rosenthal envisioned and then created to accelerate the discovery and delivery of medical treatments, cures and preventative measures through focusing on graduate training of biomedical researchers. 

Formerly, she was president of Churchill Partners LLC, an independent consulting firm specializing in strategic, marketing and organizational development for industry and nonprofit organizations, where she advised clients ranging from Hughes Supply, Inc. to the National Association of Manufacturers.

Ms. Rosenthal also is a former assistant professor of economics and management at Goucher College. 

She holds an MBA from the Harvard Graduate School of Business Administration, and a BA from Goucher College.