Loh Boon Chye, the CEO of Singapore Exchange (SGX) S68 , has been elected as the chairman of the World Federation of Exchanges (WFE).
Loh is one of the seven new directors who were elected to the board on Sept 20.
The WFE is a global industry group for exchanges and central counterparties (CCPs) and comprises 18 leaders from around the world.
The other new directors elected are Jos Dijsselhof, the CEO of SIX Group, who has been appointed as vice-chairman. John McKenzie, the CEO of TMX Group Limited, has been named the chairman of the WFE’s working committee. Greg Wojciechowski, president and CEO of the Bermuda Stock Exchange, and Fredric J. Tomczyk, CEO of Cboe Global Markets, have both been appointed as director of the WFE’s Americas region.
Hiromi Yamaji, group CEO of the Japan Exchange Group, as well as Byungdoo Sohn, chairman and CEO of the Korea Exchange, were both named as directors of the Asia Pacific (APAC) region.
“The WFE would like to welcome our new chair, vice chair and working committee chair CEOs of Singapore Exchange, SIX Group and TMX Group, respectively. Their knowledge and experience of the sector will be a great benefit to us as we continue to promote resilient, open and interconnected markets globally, as the voice of the industry. We thank Cboe for their dedication and contribution to the WFE as Chair, and look forward to continuing to work with them as a valued board member,” says Nandini Sukumar, CEO at the WFE.
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“Singapore Exchange has been a longstanding supporter of the WFE. It is my privilege to serve as chairman of WFE to help promote the association’s mission in fostering a transparent, collaborative, and innovative ecosystem for the global financial markets. With our expertise and experience, I look forward to working closely with Nandini and the board to advance WFE’s priorities in areas such as market infrastructure resiliency, mutual market connectivity as well as sustainability and inclusion,” says SGX’s Loh.
“I am honoured to have been elected vice chairman of the WFE. This is a great opportunity to work with other leaders in the industry to promote resilient, open, and interconnected markets globally. I am committed to using my experience and knowledge to help the WFE achieve its goals. I believe that together, we can make a positive impact on the global financial markets,” says SIX Group’s Dijsselhof.
"It is my distinct honour to join the WFE Board, and to serve as working committee chair. The WFE plays an important role in promoting the ongoing strength and vitality of the global capital markets ecosystem, a critical component of the world economy. I look forward to working with the esteemed committee members from our peer exchanges, and the entire WFE board of directors, to address issues of impact across our industry, and find new, innovative ways to build on the organization's impressive track record,” says TMX Group’s McKenzie.
