OREANDA-NEWS. CME Group, the world's leading and most diverse derivatives marketplace, today announced that it has appointed Eli Cohen as Executive Director, Associate General Counsel, Asia, effective 1 March 2016.

In this role, Cohen will be responsible for legal and regulatory work for CME Group's Asia Pacific local office operations, as well as legal work for local marketing and sales activities of CME Group's exchanges, clearing house, data repositories and partner exchanges in the region. Based in Singapore, Cohen will report to Adrienne Seaman, Managing Director, and Head of Legal, EMEA and Asia.

"We are pleased to welcome Eli to CME Group in this critical role, as we continue to grow our business across Asia Pacific," said Christopher Fix, Managing Director, Head of Asia Pacific, CME Group. "Eli's extensive knowledge of the derivatives industry and market structure in Asia will be crucial in supporting the expansion of our products and services in the region."

"Eli's vast derivatives industry experience will be key to CME Group's strategy and business development initiatives in Asia Pacific," said Adrienne Seaman, Managing Director, and Head of Legal, EMEA and Asia, CME Group. "We are confident that he will bring invaluable regulatory and transactional expertise, as well as deep insights of current and proposed regulatory regimes and business practices."

Cohen has 25 years of experience, having worked in organisations including Singapore Exchange, Euroclear, and the Asian Development Bank, across various legal and compliance roles in Asia and Europe. He has also worked at Baker & McKenzie in Chicago, Moscow and Washington. He joins CME Group from Singapore Exchange where he had been Head of Legal (Regulation) for the last two and a half years.