DOHA: The annual general meeting of the World Federation of Exchanges (WFE) held at Seoul yesterday elected Rashid bin Ali Al Mansoori (pictured), CEO of Qatar Exchange (QE), as the board member of WFE,
The meeting also elected new board chairman, vice chairman, chairman of working committee and a number of board members representing the world’s different regions; the Americas, Asia-Pacific, and Europe-Middle East-Africa.
Al Mansoori was elected by the WFE general assembly to represent Europe-Middle East-Africa region for three-year term. He expressed his satisfaction for being elected as a member of the board of WFE, which is the largest international platform for the world’s stock, futures and options exchanges. “It’s a great achievement for Qatar stock exchange. The representation reflects Qatar Exchange’s prominent regional and global position. We are happy to be part of an organisation that represents markets worldwide.”
The WFE is a central reference point for the securities industry, and for exchanges themselves. The WFE offers members guidance on their business strategies, and on improvements and harmonisation of their management practices. The WFE develops and promotes standards in markets, publishes research on topical subjects, supports reform, international cooperation and coordination among regulators.
“WFE exchanges are home to more than 45,000 listed companies and the WFE statistics database covers more than 350 indicators and 70 years of data from exchanges worldwide,” Al Mansoori added.
Al Mansoori held several meetings with senior officials of a number of Arab and international stock exchanges and participated in a number of panel discussions that accompanied the meetings and addressed a number of issues of concern to exchanges and investors.
The WFE 2014 Annual Meetings were officially opened yesterday morning with keynote addresses by the Geun-hye Park, President of the Republic of Korea; and Je-Yoon Shin, Chairman of the Korean Financial Services Commission; and Kyungsoo Choi, Chairman & CEO, Korea Exchange.
The Peninsula
