Marc Bayle de Jessé, currently European Central Bank director general of market group infrastructure and payments, has been named as the next chief executive of CLS Group, a global FX trading and settlement outfit. As chairman of the European System of Central Banks Market Infrastructure and Payments Committee, and a member of the BIS Committee for Payments and Market Infrastructure, Bayle de Jessé has had a hand in the development of regulations and international standards for financial market infrastructures. From 2 December, he will be leading a company backed by many of the world's largest banks and instos: NAB, Westpac and Macquarie are listed as shareholders alongside the likes of Citi, Wells Fargo, JP Morgan, Santander, BBVA, Barclays and others.