Bangkok--4 Nov--SET
The Stock Exchange of Thailand (SET) President Kesara Manchusree has been elected as a member of the Board of Directors of the World Federation of Exchanges (WFE) to serve a three-year directorship.
Elected as a new board member during the 2016 WFE General Assembly and Annual Meeting, held yesterday in Cartagena, Colombia, SET president is among 17 members of the WFE Board of Directors, from member exchanges worldwide. This representation will strengthen SET's potential and commitment to enhance Thailand's and ASEAN exchanges' presence in the global capital market arena. In addition, SET is scheduled to host the 2017 WFE General Assembly and Annual Meeting in Bangkok in September 2017.
SET President Kesara Manchusree stated, "Being the first-time representation for SET on the WFE Board of Directors, I feel greatly honored and reaffirmed of global and regional recognition of the SET. In this new capacity, SET will serve as a connector between ASEAN, also embracing the growing CLMV exchanges of Cambodia, Laos, Myanmar and Vietnam, with exchanges worldwide, while further enhancing global capital market collaboration. Going forward, SET will actively promote WFE's mission to strengthen sustainability in member exchanges."
"In addition, SET is honored to host the 2017 WFE General Assembly and Annual Meeting in Bangkok during September 6-8, 2017. The hosting role rotates among members. The meeting will be attended by top executives from exchanges worldwide to exchange viewpoints on capital market development and collaboration," Kesara added.
About WFE
The World Federation of Exchanges, founded in 1961, is the global industry association for exchanges and clearing houses. 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. SET joined WFE in 1990. WFE represents 65 regulated exchanges across the world, and acts on behalf of a total of 99 organizations including affiliate members and clearing houses. For moreinformation, please visit www.world-exchanges.org .
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