Senior Management

Chair - Carlo Comporti

Carlo Comporti took up the role of ESMA Chair on 1 November 2026. He is responsible for representing the Authority, preparing the work of its Board of Supervisors and Management Board, and chairing both Boards.

Previously, Carlo Comporti served as a Consob Commissioner from February 2022.
From 2011 to 2022, he held the position of CEO of Promontory Italy and COO of Promontory Europe (Business Unit of IBM Consulting), after having been Director General of Promontory France.
In 2011, he was Acting Secretary General and Senior Advisor to the Chair at ESMA in Paris. From 2003 to 2010, he worked at the Committee of European Securities Regulators (CESR) in Paris, holding the functions of Secretary General and, previously, Deputy Secretary General.
In 2002 he was seconded to the European Commission, DG Internal Market, in Brussels. In 2001, he was seconded to the European Central Bank in Frankfurt.
From 1994 to 1997, he joined Consob at the Intermediaries Division in Milan and the International Relations Office in Rome.
From 1999 to 2007, he lectured at the annual commercial law course at the Faculty of Economics of the University of Siena.
He graduated from the University of Siena in 1991 and in 1995 obtained a PhD in Banking and Financial Market Law at the University of Siena.
 

• 2026 Calendar of the Chair
• 2026 Expenses of the Chair
• Calendar for previous years

Executive Director – Natasha Cazenave

Natasha Cazenave has been Executive Director of ESMA since 1 June 2021. 

Before taking up her current role she was Managing Director, Head of the Policy and International Affairs Directorate at the French Autorité des Marchés Financiers (AMF), where she worked for over 10 years in various roles. 

During that period, at the international level, she was elected twice chair of IOSCO's Policy Committee on investment management in 2012 and 2014. In February 2015, she was appointed co-Chair of the Financial Stability Board's experts group on shadow banking.

Natasha Cazenave began her career at Ernst & Young Corporate Finance as part of the Valuation & Business Modelling team. She spent eight years working at Deminor, a consultancy firm specialised in the defence of minority shareholders rights, where she was in charge of collective actions for investors who suffered losses as a result of securities violations, and the promotion of best practices in the field of corporate governance. She holds a Master's degree from the Paris Dauphine University in Banking, Finance and Insurance.

• 2026 Calendar of the Executive Director
• Calendar for previous years

Vice-Chair – Vojtěch Belling

Vojtěch Belling has been Executive Director of the Financial Regulation and International Cooperation Department at the Czech National Bank, the integrated authority for financial market supervision in the Czech Republic, since 2018. Prior to that, he was Director of the EU and International Affairs Division at the Czech National Bank (2014-2018), served as State Secretary for EU Affairs (2011-2014), and held various positions in the Czech Civil Service starting in 2002. 

Mr Belling is a member of the ESMA Board of Supervisors, a member of the International Relations Committee of the European Central Bank and an alternate member of the Economic and Financial Committee of the EU Council. He was also a member of the ESMA Management Board from December 2020 until September 2022. In September 2022, he was elected Vice Chair of the ESMA for his first term (until 2024).

Mr Belling is active in academia, serving as Assistant Professor at Charles University in Prague and Jan Evangelista Purkyně University in Ústí and Labem, where he lectures in law and political science. In the past, he was also a lecturer at the University of Heidelberg. He studied law, political science and history at Charles University in Prague. He has published several academic books and articles in the fields of law and political science.