Since its establishment in 2011, Verena Ross has held senior leadership roles at the European Securities and Markets Authority (ESMA), serving first as Executive Director before becoming Chair in 2021.
ESMA's mission is to enhance investor protection, promote orderly financial markets and safeguard financial stability across Europe.
As Ross prepares to step down as Chair in October 2026, Angela Barnes sat down with her for The Big Question to discuss Europe's investment landscape, the challenges that remain, and the priorities awaiting her successor.
Why do more Americans invest than Europeans?
One of ESMA's key priorities has been helping to implement the Capital Markets Union (CMU), the long-running initiative to deepen Europe's financial markets, recently rebranded as the Savings and Investments Union (SIU).








