Equity exchange operator Aquis Exchange PLC (LON:AQX) today announced the appointment of Deirdre Somers as an independent non-executive director.

Deirdre Somers has 23 years of stock exchange experience across both primary and secondary markets. She was Chief Executive Officer of the Irish Stock Exchange from 2007 to 2018, leading its transformation from a relatively small domestic equity exchange to a highly profitable plc with global specialisms, culminating in its sale in March 2018 to Euronext NV.

Deirdre Somers stepped down as CEO of Euronext Dublin in September 2018 and has held a position as an independent non-executive director & audit committee member for BlackRock iShares since April 2019.

Ms Somers has vast understanding of EU market structure and market regulation. She was President of the Federation of European Securities Exchanges (FESE) between 2015 and 2018 and she is also a fellow of the Institute of Chartered Accountants in Ireland.

Commenting on the appointment, Niki Beattie, Chair of Aquis, said:

“Deirdre is a true expert in public market structure, regulation and products, with a particular strength in European markets. Her experience will be extremely valuable to Aquis as we continue on our journey to become the leading exchange services group in Europe. It is a testament to the growing profile of Aquis that we have been able to attract a candidate of such quality to our Board.”

Deirdre Somers added:

“It is clear to me that Aquis Exchange has great potential, not only for further growth and development, but also to bring further competition, transparency and venue choice to European Markets.

“I hope that my background in steering an exchange group through a period of intense change and volatility whilst increasing its earnings and instilling a strong culture will serve Aquis well. I look forward to supporting the Company on its exciting growth trajectory.”