New Members Join the EFFAS Training & Qualifications Commission
11 February 2025 | Frankfurt am Main
EFFAS is pleased to announce the appointment of two distinguished market professionals to its Training & Qualifications Commission (TQC). Their experience in capital markets, professional education, and regulatory dialogue will further strengthen the Commission’s role in shaping high standards for financial training and certification across Europe.
We are delighted to welcome the following new members:
Beatriz Alonso-Majagranzas
With extensive experience in the Spanish stock exchange, she has been directly involved in the development and evolution of Spain’s financial markets within a highly competitive environment, serving on the Executive Committee of BME and as a member of the Boards of Directors of the Stock Exchange Governing Companies, as well as the derivatives market (MEFF) and the fixed income market (BME Renta Fija).
She has actively participated in various national and international forums, such as the Advisory Committee of the CNMV, the European Securities and Markets Authority (ESMA), the Spanish Institute of Financial Analysts, and the Federation of European Securities Exchanges (FESE) in shaping the rules and frameworks applicable to financial markets since the implementation of MiFID in 2007, helping define their key elements and evolution.
Alongside her interest in the evolution of trading models, she has contributed to the development of the Spanish capital market as a source of financing, with a special focus on IPO processes and on streamlining subsequent financing activities through both equity and fixed income.
Her regular participation in conferences, seminars, and publications enables her to foster debate and reflection on the needs and challenges facing the market.
Over the years, she has led the development and introduction of a wide range of new financial instruments and the creation of new market segments and trading modalities, all of which have strengthened the relevance of the Spanish securities market. This has been accompanied by an increasing technological component which, together with a regulatory framework that ensures orderly market functioning, is essential for its modernisation and accessibility for all types of investors.
Paweł Cymcyk
Paweł Cymcyk is the CEO of the Polish Association of Brokers and Investment Advisors (ZMID) since 2014. In his role, he is responsible for coordinating and overseeing the organization’s executive board, supporting financial firms in recruiting top talent, and leading strategic planning initiatives. He also manages the execution of projects aimed at promoting the financial industry and enhancing its public image.
In addition, between 2016 and 2019, at his initiative, ZMiD organizes the Future & Finance Congress, one of Poland’s key conferences bringing together financial market leaders. From 2015 to 2018, he was also responsible for the organization and coordination of the largest networking events for the Polish financial market, fostering professional dialogue and collaboration across the industry.
The Polish Association of Brokers and Investment Advisors (ZMID)is a professional non-profit organization founded in 1991 in Warsaw, uniting licensed securities brokers, investment advisors, analyst and financial consultants in Poland. ZMiD plays a key role in educating professionals for the financial market and is actively involved in most recruitment processes for financial institutions, supporting the development of the capital market through education and talent development.
To achieve its goals and mission, ZMiD conducts a wide range of training and certification programs (https://zmid.org.pl/szkolenia/ ) , including preparation for Polish broker , advisor licenses and analyst certificates, as well as international qualifications such as CIIA.
ZMiD engages in public dialogue with market regulators and government bodies, represents its members’ interests, and organizes networking events for members to foster knowledge sharing. Through its educational, regulatory, and community-focused initiatives, ZMiD strengthens the quality and integrity of Poland’s financial sector.
About the EFFAS Training & Qualifications Commission
The TQC is a standing commission of EFFAS. Its main tasks are to provide advice to the European Management Committee of EFFAS on all issues relating to training and qualification, and to evaluate the accreditations of professional designations at EFFAS and its national member societies with its Review Panel.
The commission meets on a regular basis around two to three times a year. There are a number of permanent agenda items, i.e. presentations by member societies and training schools on the training and qualification programmes and structures in their markets. Also, the commission members exchange their experiences with programmes that are run parallel by several member societies, like the CEFA, the EFFAS Certified ESG Analyst® (CESGA) and the CIIA. There are currently 16,300 holders of the CEFA-designation in Europe, more than 2,600 Certified ESG Analyst® holders and 10,248 successful CIIA candidates at the final level.
The commission also supports the organization of the EFFAS Seminar series and the EFFAS Summer School held each year. The meetings of the commission are open to every representatives from national member societies who deal with training and qualification.
About EFFAS
EFFAS is a not-for-profit organisation set up in 1962 with 15 national member associations in Europe, representing more than 18,000 financial analysts, asset managers, pension fund managers, corporate finance specialists, risk managers, treasurers among many other professional profiles from the investment profession. EFFAS is a leading certification body with over 27,000 certificate holders worldwide, offering prestigious designations such as the Certified European Financial Analyst by EFFAS, the EFFAS Certified ESG Analyst® (CESGA), and the EFFAS Climate Risk Analyst® (ECRA).
For any further information, please contact:
Álvaro Wagener Díez | Marketing & Communications Manager
E-mail: a.wagener@effas.com | Phone Number: +49 69 98959519
