ISDA
Huzefa Deesawala is a seasoned financial professional with extensive experience in leadership roles within the finance sector. Currently serving as Chief Financial Officer at ISDA since 2012, Huzefa has a strong foundation in finance from previous positions, including Head of Finance at the International Swaps & Derivatives Association from 1999 to 2011, and Chief Financial Controller at Metrocomm Inc. in 1998-1999. Early career experience includes a role in finance at Ethan Allen during 1996-1997. Huzefa holds an MBA in International Business from Johnson & Wales University, a one-year completion of an MCom from the University of Madras, and a Bachelor of Commerce in Accounting & Finance from the same institution.
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ISDA
Since its founding in 1985, the International Swaps and Derivatives Association has worked to make over-the-counter (OTC) derivatives markets safe and efficient. ISDA’s pioneering work in developing the ISDA Master Agreement and a wide range of related documentation materials, and in ensuring the enforceability of their netting and collateral provisions, has helped to significantly reduce credit and legal risk. The Association has been a leader in promoting sound risk management practices and processes, and engages constructively with policymakers and legislators around the world to advance the understanding and treatment of derivatives as a risk management tool. Today,ISDA has over 960 member institutions from 78 countries. These members comprise a broad range of derivatives market participants, including corporations, investment managers, government and supranational entities, insurance companies, energy and commodities firms, and international and regional banks. In addition to market participants, members also include key components of the derivatives market infrastructure, such as exchanges, intermediaries, clearinghouses and repositories, as well as law firms, accounting firms and other service providers. ISDA’s work in three key areas – reducing counterparty credit risk, increasing transparency, and improving the industry’s operational infrastructure – show the strong commitment of the Association toward its primary goals; to build robust, stable financial markets and a strong financial regulatory framework.