In Memoriam - Paul Chappell, ACI FMA Director of Education

Image: In Memoriam

It is with great sadness that we announce that Paul Chappell, ACI FMA Director of Education and ACI UK Executive Committee Member, passed away on Sunday 24 June after a short illness.

A long-standing and active participant of ACI FMA’s Foreign Exchange Committee, in the past few years Paul had stepped up his involvement in ACI FMA activities considerably, first joining the ACI UK Executive Committee to support its local efforts and then, in 2017, becoming ACI FMA’s first full time Director of Education.  In this role, he worked tirelessly to promote ACI FMA’s services in support of the new Global Code and to continue ACI FMA’s influence in guiding industry best practice.  He was especially engaged with ongoing industry debate around ‘last look’, chairing the ACI FMA Working Group on the subject and bringing a voice of reason to this controversial topic. 

At a time when he could have taken life much more easily he chose instead to embark on this new ACI FMA ‘career’, travelling extensively to spread the word at industry conferences and events, meeting regulators and industry groups across the globe, and supporting ACI National Associations. 

Paul was the epitome of an ‘industry veteran’, having enjoyed a long, illustrious and varied career in financial markets. He was, particularly, at the forefront of the modern foreign exchange industry, initially on the ‘sell side’ with roles at Chemical Bank and for a long period, Bank of America, where in the late 80s and early 90s he was a major influence in the development, launch and take up of EBS (Electronic Broking Services) and created C-View, an FCA-regulated Investment Manager Firm.

ACI FMA is most fortunate and thankful to have had the benefit of Paul’s vast industry knowledge and market expertise; in the short time he was our first Director of Education he had already made an enormous difference to our organisation.  We will endeavour to carry on what he started and will continue to honour his participation and contribution to ACI FMA. Rest in peace Paul.

 

Bruno Langfritz

ACI FMA Chairman