Tom Theobald has been been appointed to succeed Nicholas Mackel as the head Luxembourg for Finance, the country’s state-sponsored association that advocates for the interests of the grand duchy’s financial sector. He will take on the new role from 1 September.
Theobald currently serves as director for the development and promotion of the financial centre at the Luxembourg finance ministry. He was deputy CEO at Luxembourg for Finance between 2014 and 2019. Between 2008 and 2014, he supported Luxembourg bank association ABBL as communications and press advisor.
In a statement, Gilles Roth, minister of finance and chair of Luxembourg for Finance, expressed confidence in Theobald’s ability to lead the organisation. “Tom Theobald has accompanied and contributed greatly to the work done by Luxembourg for Finance over the last years and is uniquely positioned to lead it on its successful journey,” Roth said.
The appointment follows an earlier decision by the Luxembourg government to appoint Nicolas Mackel, a career diplomat, as Luxembourg’s Ambassador to the European Union. Mackel served at Luxembourg for Finance for 11 years.
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