The Basel Committee on Banking Supervision, the International Organization of Securities Commissions and the International Association of Insurance Supervisors has named a new chair of its Joint Forum. Dr Therese M Vaughan, who is also is the chief executive of the US National Association of Insurance Commissioners, takes up the two-year role effective January 1. She succeeds Tony D'Aloisio of the Australian Securities and Investments Commission. The Joint Forum was established in 1996 by the Basel Committee on Banking Supervision, IOSCO, and the IAIS to deal with issues common to the banking, securities and insurance sectors.