“Marc brings decades of experience in financial services and management consulting, with a strong track record of improving organizational effectiveness, operational excellence, and enterprise transformation,” CFTC Chairman Michael Selig said. “As the agency continues to modernize and respond to rapidly evolving markets, he will help ensure our workforce and internal operations are positioned to support mission execution efficiently and effectively.”
Sielski’s qualifications are listed by the CFTC as having “an extensive background in financial services and management consulting, including proven expertise in organizational effectiveness, operational excellence, strengthening governance and controls, enterprise transformation, finance/administration, procurement, HR coordination, and technology.” He replaces John Einstman, who held the role in an acting capacity since October. Selig said in the press release that Einstman will continue with the commission in a new role.
Sielski is tasked, according to the release, “with overseeing the Commission’s administrative operations to support mission execution and ensure effective stewardship of public resources.”
“I am honored to join the CFTC and thank Chairman Selig for the opportunity to serve as executive director,” Sielski (right, pictured) said. “I look forward to supporting the Commission by strengthening core administrative functions, enabling a high-performing workforce, and modernizing how we deliver services across the agency in a fiscally responsible manner. Drawing on my experience, I am committed to building durable operating rhythms, strong internal controls, and a culture of continuous improvement to enhance operational excellence and help the CFTC deliver on its priorities.”
Sielski’s LinkedIn page lists his recent job experiences as a senior manager at MorganFranklin Consulting and vice president at the MUFG financial group.
Sielski’s appointment is the fourth by the CFTC since March 2. The others:
- Alan Brubaker, director of the Office of Legislative and Intergovernmental Affairs, brings experience from the House Oversight Committee under Kentucky Congressman James Comer, who is the chairman.
- Mel Gunewardena, director of the Office of International Affairs and Senior Markets Advisor to the Chairman, is a former CFTC member and held leadership roles at Goldman Sachs, Deutsche Bank, and the UK Financial Conduct Authority.
- David I. Miller, director of Enforcement is a former litigation partner at Greenberg Traurig and Morgan Lewis global law firms.
