At its annual meeting in Taipei, the General Assembly of the World Federation of Exchanges (WFE) has elected Andreas Preuss, Deputy CEO of Deutsche Börse AG and Eurex CEO, to be its new Chairman. Preuss will lead the global exchange association for the next two years in addition to his responsibilities at Deutsche Börse Group.
Ronald Arculli, director Hong Kong Exchanges and Clearing, has headed the federation for the past two years. The General Assembly has also appointed a CEO for the first time. Hüseyin Erkan is taking on this role.
“Changes to regulatory frameworks around the world have led to considerable structural changes in our business. As exchange organisations we can further improve around the globe how we articulate our roles as market organisers and communicate our importance for the real economy,” said Andreas Preuss. “Close consultation and cooperation between the regulated exchanges is essential if our voice is to be heard by policymakers and regulators. I am therefore looking forward to working with the WFE as a globally recognised and influential exchange organisation.”
