Kenneth E. Bentsen, Jr.
Kenneth E. Bentsen, Jr. is President and CEO of SIFMA. From 1995 to 2003, he served as a Member of the United States House of Representatives from Texas. Prior to his service in Congress, Mr. Bentsen was an investment banker specializing in municipal and housing finance.
Mr. Bentsen is President and CEO of SIFMA, the leading trade association for broker-dealers, investment banks and asset managers operating in the U.S. and global capital markets. Mr. Bentsen is also Co-Chair of the British American Finance Alliance (BAFA), a coalition of 19 British and American trade associations and industry bodies representing both financial and professional services. Mr. Bentsen is a member of the Board of Directors for SIFMA’s global affiliate, the Global Financial Markets Association (GFMA), having also served as CEO. He is Chairman of Engage China, a coalition of 12 U.S. financial services trade associations united in support of high-level engagement with China. He has also served as Chair of the International Council of Securities Associations (ICSA).
Previously, Mr. Bentsen served as President, and earlier as the Executive Vice President of Public Policy and Advocacy for SIFMA, responsible for SIFMA’s legal, regulatory, and legislative affairs and advocacy initiatives. Prior to joining SIFMA, Mr. Bentsen was president of the Equipment Leasing and Finance Association (ELFA), where he led the 700-member financial services trade association representing commercial and investment banks, financial services companies and manufacturers in the commercial finance sector. From 2003 to 2006, Mr. Bentsen was a Managing Director at Public Strategies, Inc. where he was a strategic and management consultant principally to the firm’s financial services clients.
From 1995 to 2003, Mr. Bentsen served as a Member of the United States House of Representatives from Texas, where he sat on the House Financial Services Committee (and its predecessor House Banking and Financial Services Committee), and separately on the House Budget Committee. Mr. Bentsen was an active participant in the drafting and enactment of the Sarbanes-Oxley Act, the Gramm-Leach-Bliley Act, the Terrorism Risk Insurance Act and the Commodities Futures Modernization Act. During his tenure in the Congress, he played an active role in legislation and oversight of regulations affecting bank and thrift charters, federal deposit insurance, securities law, derivatives, and the federal government sponsored enterprises (Fannie Mae, Freddie Mac, and the FHLB system). Mr. Bentsen was also instrumental in the passage of the landmark Balanced Budget Act of 1997, particularly with respect to health care policy.
Prior to his service in Congress, Mr. Bentsen was an investment banker at George K. Baum & Co. and previously Drexel, Burnham Lambert, Inc., where he specialized in municipal and housing finance.
Mr. Bentsen is an Emeritus Trustee of the Hirshhorn Museum and Sculpture Garden of the Smithsonian Institution and Trustee for the Center for Congressional and Political Studies at the American University. He also serves on the boards of the Memorial Foundation of the Martin Luther King, Jr. Memorial and the Committee on Capital Markets Regulation.
Mr. Bentsen has a B.A. from the University of St. Thomas and an M.P.A. from American University.