The World Federation of Exchanges elects nine new Board members

 

PRESS RELEASE

The World Federation of Exchanges elects nine new Board members

 

London, 22 October 2025 - The World Federation of Exchanges (“WFE”), the global industry group for exchanges and CCPs, elected 9 new Directors of the Board, including a new Chair, Vice Chair and Working Committee Chair at the 64th WFE General Assembly. 

Today’s 9 newly elected Board of Directors are as follows:

Mr. John McKenzie, Chief Executive Officer, TMX Group - Chair, WFE 

Eng. Khalid Alhussan, Chief Executive Officer, Saudi Tadawul Group - Vice Chair, WFE 

Mr. Carlson Tong, Chairman, HKEX Limited - Working Committee Chair, WFE 

Mr. Kendal Vroman, Chief Transformation Officer, CME Group 

Dr. Thomas Book, Member of the Executive Board, Deutsche Börse AG 

Dr. Leila Fourie, Group Chief Executive Officer, Johannesburg Stock Exchange 

Mr. Yong Qiu, Chairman, Shanghai Stock Exchange 

Mr. Boon Chye Loh, Chief Executive Officer, SGX Group

Mr. Bjørn Sibbern, Chief Executive Officer, SIX Group 

John McKenzie, CEO of TMX Group and WFE Chair, said, "I am honoured to take on the role of Chair of the WFE, and to continue working alongside the respected leadership of our member exchanges and the WFE board. This organization plays an essential role in supporting and promoting the vitality of stock exchanges and the global financial ecosystem, which are key drivers of the world economy. I look forward to advancing our strategic priorities, leveraging the strength of shared perspectives to build on the organization's record of success."

Nandini Sukumar, CEO of the WFE, said, “We are delighted to welcome our new Chair, Vice Chair and Working Committee Chair - the CEOs of TMX Group, Tadawul Exchange and HKEX, respectively. Their extensive experience and deep knowledge of the exchange sector will be invaluable as we work to foster vibrant, resilient and inclusive markets. We thank our outgoing Board members for their significant contributions to the WFE, and we look forward to continuing to engage with them as valued members of the Federation. In particular, we extend our sincere gratitude to Mr Boon Chye Loh, CEO of SGX Group, for his commitment, integrity and his dedication to the organisation during his time as Chair.”

The WFE Board comprises 18 experienced global leaders:

Mr. John McKenzie, Chief Executive Officer, TMX Group - Chair, WFE 

Eng. Khalid Alhussan, Chief Executive Officer, Saudi Tadawul Group – Vice Chair, WFE 

Mr. Carlson Tong, Chairman, HKEX Limited - Working Committee Chair, WFE 

Mr. Gilson Finkelsztain, CEO, B3

Mr. Greg Wojciechowski, President and CEO, Bermuda Stock Exchange

Mr. Korkmaz Ergun, CEO, Borsa Istanbul

Mr. Craig Donohue, CEO, Cboe Global Markets

Mr. Kendal Vroman, Chief Transformation Officer, CME Group 

Dr. Thomas Book, Member of the Executive Board, Deutsche Börse AG 

Mr. Hiromi Yamaji, Group CEO, Japan Exchange Group

Dr. Leila Fourie, Group CEO, Johannesburg Stock Exchange

Mr. Eun-Bo Jeong, Chairman and CEO, Korea Exchange 

Ms. Julie Becker, CEO, Luxembourg Stock Exchange

Mr. Ed Knight, Executive Vice Chairman, Nasdaq

Mr. Ashishkumar Chauhan, Managing Director & CEO, National Stock Exchange of India Ltd

Mr. Yong Qiu, Chairman, Shanghai Stock Exchange 

Mr. Boon Chye Loh, Chief Executive Officer, SGX Group

Mr. Bjørn Sibbern, Chief Executive Officer, SIX Group

For more information, please contact:

Cally Billimore

Communications Manager

[email protected]

+44 7391 204 007

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 policy makers and regulators in an open, collaborative way, reflecting the central, public role that exchanges and CCPs play in a globally integrated financial system.

Website: www.world-exchanges.org

Twitter: @TheWFE

---