Amman: The Amman Stock Exchange (ASE) has been re-elected with the highest number of votes as a member of the Federation of Euro-Asian Stock Exchanges (FEAS) Board of Directors. Represented by CEO Mazen Wathafi, ASE participated in the 41st Annual General Assembly meeting of FEAS, which was conducted via videoconference from Yerevan, Armenia.
According to Jordan News Agency, the meeting, organized by the Armenian Stock Exchange, resulted in several significant decisions. The Jordan Securities Depository Center (JSDC) was elected as a new member of the FEAS Board, while the Bucharest Stock Exchange was appointed as Chair of the Board of Directors. Additionally, the Abu Dhabi Securities Exchange (ADX) was elected as Vice Chair. Other elected members include Armenia, Muscat, Kazakhstan, Palestine, Tehran, Athens, and the Central Securities Depository Company of Iran.
In a statement issued on Tuesday, ASE highlighted that its re-election, alongside that of the JSDC, underscores the Federation members' recognition of these national institutions and their sustained efforts to fulfill FEAS's objectives. These efforts involve the development and modernization of technical and legislative frameworks in their respective markets, ensuring alignment with international standards and practices.
The meeting was attended by CEOs from FEAS's 47 member organizations. The primary aim was to enhance relations among member states and to promote advancements in the technical and legislative frameworks of their markets.