The board of governors of the Investment Company Institute (ICI) has unanimously elected Eric Pan as ICI’s next president and chief executive officer. Pan is a veteran markets regulator with deep experience in international financial regulation and a recognized scholar and expert on financial regulation.

From 2011 to 2019, he directed international regulatory policy for two major US capital market regulators, the Securities and Exchange Commission and the Commodity Futures Trading Commission. Since January, Pan has been a managing director at Rock Creek Global Advisors LLC, a Washington-based international economic policy advisory firm.

Pan will be the tenth CEO in the 80-year history of ICI, a global association for regulated funds, and its predecessor organizations. He succeeds Paul Schott Stevens, who is retiring at year-end after more than 16 years as ICI president and CEO. As president and CEO, Pan will direct ICI’s staff of 174 in offices in Washington, DC, London, and Hong Kong.

Pan will assume his new role from November 9.