Natasha Cazenave was named executive director at European financial services watchdog European Securities and Markets Authority, effective June 1.
Ms. Cazenave will replace Verena Ross, according to ESMA's website. Details about Ms. Ross' next move were not available.
Ms. Cazenave will serve a five-year term, which can be extended once.
"I welcome today's appointment of Natasha Cazenave as ESMA's new executive director," said Anneli Tuominen, interim chairwoman of ESMA, in a news release Thursday. "She brings with her a wealth of experience from the public and private sectors, which will benefit ESMA as it enters its second decade."
Ms. Cazenave is currently deputy secretary general and head of policy and international affairs directorate at the French financial services watchdog Autorite des Marches Financiers. A spokesman could not be reached to provide details about her replacement.