South Asian stock exchanges to meet in Colombo
The Colombo Stock Exchange (CSE) will host the Executive Committee Board Meeting for the current term of the South Asian Federation of Exchanges (SAFE) on February 27, 2017.
The chief executives of the stock exchanges in South Asia will attend the meeting and workshop on the theme ‘Way forward for exchanges in South Asia’.
CSE Chairman Vajira Kulatilaka is presently Chairman of the SAFE.
The CEOS of the Bombay Stock exchange (BSE), Pakistan Stock Exchange (PSX), Chittagong Stock Exchange, Maldives Stock Exchange, Royal Securities Exchange of Bhutan, Central Depository Bangladesh, Mercantile Exchange Nepal and the CSE will meet to review their activities and plan out the next term of office.
The participants will also finalize the next chairmanship of the SAFE and the host country in which the Annual General Meeting (AGM) will be held later this year.
The post-lunch session will feature a segment where the two CEOS of BSE and PSX will share their experiences and transformational strategies of their exchanges with the SAFE member exchange representatives and the CEOS of the member firms of the CSE. This will be followed by a panel discussion featuring the CEOS of the SAFE member exchanges.
Securities and Exchange Commission Chairman Thilak Karunaratne will grace the occasion as the chief guest while Kulatilaka will be the guest of honour in his capacity as Chairman of the SAFE.
Commenting on the initiative, Kulatilaka stated, “The Executive Committee Board Meeting is a key event in the South Asian capital market’s calendar and we are pleased to host the event in Colombo this year.
The event will strengthen cooperation among our exchanges and create opportunity for crossborder investment linkages. Collaboration of our fellow exchanges will play a vital role in accelerating economic integration in South Asia going forward.”