Wolf currently holds the position of Chief Technology Officer (CTO) and Member of the Executive Board, Interactive Data Managed Solutions AG.

"We had a large number of excellent candidates, but Stephan's strong background, exceptional vision and energy impressed us and we are sure he is the right person to guide the GLEIF at this important stage," said the GLEIF Board Chair, Gerard Hartsink.

Wolf has extensive experience in establishing data operations and global implementation strategy. He has led the advancement of key business and product development strategies throughout his career. Wolf co-founded IS Innovative Software GmbH in 1989 and served first as its managing director. He was later named spokesman of the executive board of the succeeding IS.Teledata AG. This company ultimately became part of Interactive Data Corporation where Wolf held the role of CTO until 2010. He has a proven ability to build and to manage large organizations, both globally as well as regionally.

"I am very excited about this new challenge," said Wolf. "Significant work has already taken place to define the vision for the Global Legal Entity Identifier System. Defining and developing the operations of the GLEIF is the next step in making that vision a reality. I am pleased to lead this development and contribute to this financial stability initiative."

Wolf is expected to assume his role soon. In the interim, GLEIF Board Chair Gerard Hartsink will serve as interim CEO. The GLEIF conducted its inaugural Board meeting on 26 June, 2014 in Zurich, Switzerland.