The International Swaps and Derivatives Association, New York, has elected Gay H. Evans to a third term as chairman.

Mr. Evans is a managing director of Bankers Trust International, based in London.

Thomas Montag was elected vice chairman of the association. He is a Goldman Sachs partner in New York.

Hannah Sorscher, elected treasurer, is vice president of global derivatives at Citibank, New York. Douglas Bongartz-Renaud, elected secretary, is a senior vice president in the directorate of fixed income and derivatives at ABN Amro Bank, Amsterdam.

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