Turkey: Borsa Istanbul head elected to board of World Federation of Exchanges

Turkey: Borsa Istanbul head elected to board of World Federation of Exchanges

The CEO of Borsa Istanbul, Korkmaz Ergun, has been elected to the board of the prestigious World Federation of Exchanges (WFE), the Turkish stock exchange announced Friday.

“As a member of the WFE since 1992, Borsa Istanbul has made great strides in strengthening its international visibility while having a say in the management of the Federation, with the election of CEO Korkmaz Ergun as a member of the Board of Directors at the General Assembly” this Thursday, said a Borsa Istanbul statement.

Other board members are exchanges from the US (Nasdaq, Chicago Commodity Exchange, Chicago Options Exchange), Singapore, Switzerland, Brazil, Bermuda, Hong Kong, India, Nigeria, Saudi Arabia, Colombia, South Korea, Japan, Germany, South Africa, and China.

Commenting on the election, Ergun said: “We will strengthen our communication channels with international investors through new initiatives.”

Ergun stressed that Turkey’s stock exchange aims to provide international investors with accurate information, showing that they can get support from Borsa Istanbul whenever they need, and to engage in constructive long-term dialogue to solve issues and encourage further investments.

“Our membership on the Board of the World Federation of Exchanges, along with seventeen leading exchanges from all continents, will serve as a bridge to contribute towards the solution of the global problems of the industry, connect with international counterparts, and promote our international visibility,” he added./ibna