Cartagena, Colombia, 3 November 2016 – At the 56th General Assembly in Cartagena today, the World Federation of Exchanges ("WFE"), which represents more than 200 market infrastructure providers including exchanges and CCPs, appointed three new officers of the Board, in line with the organisation's customary geographical rotation of officers every two years.
The new officers of the Board are:
- Ms Chitra Ramkrishna, Managing Director & CEO, National Stock Exchange of India Limited - Chairperson, WFE.
- Dr Urs Rüegsegger, Group CEO, SIX - Vice Chairman, WFE.
- Mr William Brodsky, Executive Chairman of the Board, Chicago Board Options Exchange (CBOE) - Working Group Committee Chair, WFE.
Chitra Ramkrishna, Managing Director & CEO, National Stock Exchange of India Limited, and Chairperson, WFE, said: "I am honoured to be confirmed as the WFE Chairperson, and look forward to working with my colleagues over my term. The WFE is the global voice of the exchange and CCP industry, and as such, represents the views and perspectives of some of the most systemically important Financial Market Infrastructures (FMIs) around the world. I therefore feel privileged to be part of the team helping to steward the organisation through its next phase of development."
Nandini Sukumar, CEO, WFE, said: "Together we will continue to execute the WFE's mandate of being a powerful and effective global advocate for the exchange cause. I look forward to the next year of activity, and working with the Board and our members to help forge consensus on issues that affect us all."
At the General Assembly, the WFE also admitted the Palestine Exchange (PEX) to full membership.
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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 over 200 market infrastructure providers, including standalone CCPs that are not part of exchange groups. The WFE is the definitive source for exchange-traded statistics and publishes over 350 market data indicators. Its statistics database stretches back more than 40 years, and provides information and insight into developments on global exchanges.
WFE exchanges are home to nearly 45,000 listed companies. The WFE promotes the development of fair, efficient and transparent markets. It works with policy makers, regulators and standard-setters around the world to support the development of effective rules and standards for exchanges and market participants. For more information, please visit: www.world-exchanges.org