Board of Directors
The Board of Directors sets and oversees the work plan for the WFE. At the three meetings per year, the Board approves requests from exchanges to join the Federation or to consider applications from Affiliate markets for membership.

Ronald Arculli
WFE Chairman
Hong Kong Exchanges and Clearing
Chairman

Xavier Rolet
WFE Vice Chairman
London Stock Exchange Group
CEO

Thomas A. Kloet
Chairman of the WFE Working Committee
TMX Group Inc.
CEO

Edemir Pinto
Member
BM&FBOVESPA S.A.
Chief Executive Officer

Antonio J. Zoido
Member
BME Spanish Exchanges
Chairman

Luis Téllez
Member
Bolsa Mexicana de Valores
Chairman & CEO

William J. Brodsky
Member
Chicago Board Options Exchange
Chairman & CEO

Craig Donohue
Member
CME Group
Chief Executive Officer

Andreas Preuss
Member
Deutsche Börse AG
Deputy CEO

Ibrahim M. Turhan
Member
Istanbul Stock Exchange
Chairman & CEO

Nicky Newton-King
Member
Johannesburg Stock Exchange
CEO

Bongsoo Kim
Member
Korea Exchange
Chairman & CEO

Sandy Frucher
Member
NASDAQ OMX
Vice Chairman

Ravi Narain
Member
National Stock Exchange of India Ltd.
Managing Director and CEO

Duncan Niederauer
Member
NYSE EURONEXT
CEO

Liang Geng
Member
Shanghai Stock Exchange
Chairman of Board of Governors

Atsushi Saito
Member
Tokyo Stock Exchange group, Inc.
President & CEO