The World Federation of Exchanges announces the 2026 WFE Women Leaders List

 

PRESS RELEASE

The World Federation of Exchanges announces the 2026 WFE Women Leaders List

London, 4 March 2026 – The World Federation of Exchanges (WFE) has announced its sixth annual WFE Women Leaders List. This initiative celebrates the exceptional contributions of women across global market infrastructures, recognising their leadership and impact on the industry. 

The WFE remains committed to promoting diversity and inclusion within the financial sector. The Women Leaders initiative shines a spotlight on senior women from exchanges, clearing houses and market infrastructure institutions across our global membership. 

 From this year’s featured leaders and nominations, the women recognised in 2026 are: 

  

• Areej Faisal Al Emam, Enterprise Risk Management Senior Head, Saudi Tadawul Group 

• Yekaterina Andryushina, Managing Director, International Cooperation & Sustainability Department Director, Kazakhstan Stock Exchange 

• Jennifer Baum, Chief Compliance Officer, The Options Clearing Corporation (OCC) 

• Renu Bhandari, Senior Vice President & Head Broker Supervision and Member Compliance, National Stock Exchange of India Limited 

• Kristin Boyd, Senior Vice President, Global Head of Derivatives Sales & Distribution, Cboe Global Markets 

• Tatiana Coimbra Castello Branco, Finance Director, B3 S.A. – Brasil, Bolsa, Balcão 

• Cindy Bush, Chief Human Resources Officer, TMX Group 

• Dr Wei-nee Chen, Head of Carbon Market, Bursa Malaysia 

• Tina Hasenpusch, MD Global Head Clearing Operations, Banking & Collateral Management, Clearing House, CME Group 

• Gunilla Hellqvist, Senior Vice President, Head of European Operations, Market Research, Post Trade and Project Management Office, Nasdaq 

• Dr Efthimia Kefalea, Head of Derivatives Clearing Development & Digital Innovation, Eurex 

• Dr Lidia Kurt, CEO at Seturion & BX Digital, Boerse Stuttgart Group 

• Vanessa Lau, Chief Operating Officer, Hong Kong Exchanges and Clearing Limited (HKEX) 

• Katherine Ng, Head of Listing, Hong Kong Exchanges and Clearing Limited (HKEX) 

• Mary Anne Palangio, Chief Financial Officer, Canadian Securities Exchange (CSE) 

• Daniela Peterhoff, Executive Vice President, Chief Strategy and Transformation Officer, Market Platforms, Nasdaq 

• Clementina Ramírez de Arellano Moreno, Executive Legal and Regulatory Director, Bolsa Mexicana de Valores 

• Rehab Sallam, General Manager, Head of International Relations, Egyptian Exchange (EGX) 

• Fawzia Suliman, Group Chief Financial Officer, Johannesburg Stock Exchange (JSE) 

• Ai June Teo, Managing Director, Head of Marketing & Communications, SGX Group (Singapore Exchange) 

• Rana Usman, Chief Operations Officer, National Stock Exchange of India Limited 

• Caroline von Linsingen, Head of IPO & Growth Financing, Deutsche Börse Group 

  

For more on each leader, read our Focus Magazine special edition dedicated to the 2026 Women Leaders.  

Nandini Sukumar, CEO of the WFE, said: "We are delighted to recognise this year’s Women Leaders and highlight the significant contributions they are making across global market infrastructures. Their leadership spans sustainability, clearing, digital innovation, market development and governance, all areas that are central to the resilience and long-term strength of our markets. 

Each year, the calibre of nominations reflects the depth of talent across our membership. We congratulate those recognised in 2026 and commend all applicants for their commitment to advancing our industry and supporting the next generation of leaders."

For more information, please contact:

Oonagh Shiel

Communications Manager

[email protected]

About the World Federation of Exchanges (WFE):

Established in 1961, the WFE is the global industry association for exchanges and clearing houses. Headquartered in London, it represents the providers of over 250 pieces of market infrastructure, including standalone CCPs that are not part of exchange groups. Of our members, 37% are in Asia Pacific, 43% in EMEA and 20% in the Americas region. The WFE’s 87 member CCPs and clearing services collectively ensure that risk takers post some USD 1.1 trillion (equivalent) of resources to back their positions, in the form of initial margin and default fund requirements. The exchanges covered by WFE data are home to over 49,054 listed companies, and the market capitalization of these entities is over USD116.58tr; around USD155tr in trading annually passes through WFE members (at end-2024). 

The WFE is the definitive source for exchange-traded statistics and publishes over 350 market data indicators. Its free statistics database stretches back 50 years and provides information and insight into developments on global exchanges. The WFE works with standard-setters, policy makers, regulators and government organisations around the world to support and promote the development of fair, transparent, stable and efficient markets. The WFE shares regulatory authorities’ goals of ensuring the safety and soundness of the global financial system. 

With extensive experience of developing and enforcing high standards of conduct, the WFE and its members support an orderly, secure, fair and transparent environment for investors; for companies that raise capital; and for all who deal with financial risk. We seek outcomes that maximise the common good, consumer confidence and economic growth. And we engage with policymakers and regulators in an open, collaborative way, reflecting the central, public role that exchanges and CCPs play in a globally integrated financial system. If you have any further questions, or wish to follow-up on our contribution, the WFE remains at your disposal. ^[1] 

Website: www.world-exchanges.org

Twitter: @TheWFE

[1] Our EU Transparency Register number is 973382524675-69

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