Isda appoints new margin head; two leave

Kruse takes over from Johannes while deputy CEO Handjinicolaou set to exit at the end of the year

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Isda appoints Kruse as new head of its margin rules initiative

Tara Kruse has replaced Mary Johannes as Isda's head of non-cleared derivatives margin initiative, which focuses on the implementation effort across the industry. Johannes will leave the trade association to pursue other interests, the company said.

Johannes joined Isda's US public policy team in Washington, DC, in 2009 and she went on to serve as head of US public policy. She assumed oversight of the working group on margin requirements (WGMR) initiative in December 2014.

Kruse joined Isda in

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