Werner Frey, a Swiss National, is the Managing Director of the Post Trade Division of AFME, Association for Financial Markets in Europe, set up as of 1 November 2009 through a merger of SIFMA Europe and LIBA. It represents the major international banks operating in the European securities markets; its prime objective is the creation of an efficient pan-European capital market through harmonisation and standardisation as well as consolidation and integration of its securities infrastructure.

From 2002 to 2008 Werner Frey was the CEO of the European Securities Forum, ESF, which was renamed European Securities Services Forum upon its integration in SIFMA Europe in spring 2008. Prior to joining ESF in 2002, he advised financial institutions, particularly securities infrastructure organisations in Europe. Earlier in his career he has occupied senior positions in banking, and, from 1988 to 1997 was a member of the Executive Board of Bank Leu, since 1990 part of the Credit Suisse Group.

Werner Frey holds a Ph D degree in History, Constitutional Law and Political Sciences from the University of Zurich, Switzerland.