THISDAY

WFE Elects Directors

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TheWorld Federation of Exchanges (WFE) has elected eight directors into its board. The election was at the 57th General Assembly of the WFE held in Bangkok, recently. The newly elected directors are: Chairman Wu Qing, Shanghai Stock Exchange – Chairman, WFE; Mr Gilson Finkelszta­in, CEO, B3 (Brasil Bolsa Balcão) – Director, Americas region; Mr. Sandy Frucher,Vice Chairman, Nasdaq – Director, Americas region; Chung Kong Chow, Chairman, Hong Kong Exchanges and Clearing – Director, Asia-Pacific region; Mr. Loh Boon Chye, CEO, Singapore Exchange – Director, Asia-Pacific region; and Mr Rashid bin Ali Al Mansoori, CEO, Qatar Stock Exchange – Director, EMEA region. Others are Mr. Khalid Abdullah Al Hussan, CEO, Saudi Stock Exchange (Tadawul) – Director, EMEA region; and Mr. Sunil Benimadhu, CEO, Stock Exchange of Mauritius – Director, EMEA region. Wu Qing, while commenting on the appointmen­t said: “I am honoured to be elected as the Chairman of the WFE, and look forward to working with my colleagues over my term. “The WFE, as the global voice of the exchanges and CCP industry, will continue to work with our members to address the most critical issues of the capital markets, and to fuel economic growth. “We will endeavour to promote sustainabl­e developmen­t and encourage socially responsibl­e investment. “I therefore feel privileged to steward the organisati­on towards its roadmap, with joint efforts from our members and the WFE office, led by Nandini Sukumar.”

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