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NSE MD Ramkrishna to lead international exchanges’ federation

 PTI |  2016-11-05 22:27:36.0  |  New Delhi

NSE MD Ramkrishna to lead international exchanges’ federation

World Federation of Exchanges (WFE), which represents nearly 45,000 listed companies, has appointed NSE’s Managing Director and CEO Chitra Ramkrishna as its new chairperson.

WFE, which is the global industry association for exchanges and clearing houses, has appointed three new officers in line with the organisation’s customary geographical rotation of office-bearers every two years.

WFE has also appointed Urs Ruegsegger, Group CEO, SIX as its Vice Chairman, while it has named William Brodsky, executive chairman at Chicago Board Options Exchange, as the chairman of its working group committee.

“I am honoured to be confirmed as the WFE Chairperson, and look forward to work with my colleagues over my term. It 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 around the world,” Ramkrishna said in a statement. Her name was announced at the 56th General Assembly in Cartagena, Colombia yesterday.

WFE chief executive Nandini Sukumar 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”.

Headquartered in London, WFE represents more than 200 market infrastructure providers including exchanges and CCPs.

It works with policy makers and regulators around the world to support the development of effective rules and standards for exchanges and market participants. 

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