Association for Financial Markets in Europe brings in Hanover to raise EU profile

Industry body lobbies governments on behalf of financial industry to fight red tape

AFME: Appointed Hanover to boost EU presence
AFME: Appointed Hanover to boost EU presence

The industry body representing banks in the debate around financial regulations has called in Hanover to help fight its corner.

The Association for Financial Markets in Europe (AFME) has asked Hanover to raise the organisation’s profile across Europe, replacing incumbent M: Communications.

Hanover secured the brief, thought to be worth in excess of six figures annually, after a four-way pitch.

Formed in late 2009, the AFME lobbies national and international governmental institutions on behalf of the financial industry against what it deems to be unnecessary regulation.

The organisation is overseen by Simon Lewis, the ex-Vodafone and NatWest comms chief who served as Gordon Brown’s official spokesman.

Hanover will assume its role in early April to coincide with the opening of AFME’s Brussels office. Rob McIvor, AFME’s comms director, confirmed Hanover’s appointment and said the agency would provide ‘strategic advice and act as a sounding board’ for the firm.

He added that AFME had established itself in the UK, but needed to increase its presence and profile in legislative and regulatory circles in Europe.

Hanover director Laura Chisholm will lead the account.

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