The World Federation of Exchanges, the global industry association for exchanges and clearing houses has announced the re-election of its CEO, Nandini Sukumar, to the position of Vice Chair of the International Organization of Securities Commission’s (IOSCO) Affiliate Members’ Consultative Committee (AMCC). The AMCC comprises 68 IOSCO affiliate members, including exchanges, market intermediaries, and other financial institutions and bodies with an interest in securities regulation. The committee’s objectives are to share experiences and enhance co-operation among its members.
Ms. Sukumar’s re-appointment marks her fourth consecutive term in this crucial leadership role within the IOSCO framework. Exchanges and CCPs are central and neutral pieces of infrastructure, so observe and work with the whole ecosystem whilst also underpinning it. As CEO of the WFE, over the past six years Ms. Sukumar has utilised her vast experience and knowledge to facilitate greater engagement among affiliate members to ensure the group can effectively contribute to IOSCO’s mission of investor protection, market integrity, and financial stability.
Along with the incoming AMCC Chair, Ms Sukumar will continue to lead the group as it provides input into the IOSCO policy and standard-setting work. This will build on the common interest that AMCC members have in market-based finance, whose role in financing and investment is proving more important than ever. In this context, the AMCC is an important body for promoting a healthy ecosystem for markets.
Nandini Sukumar, CEO of the World Federation of Exchanges and Vice Chair of the AMCC said, “I am delighted to have been re-elected to the position of Vice Chair of the AMCC and that I can continue to guide this group in the important work that we do. Thank you to the AMCC members for their continued confidence in me. I look forward to another busy term, building on what we have achieved together so far, and continuing to collaborate with you as we navigate new challenges the industry faces.”
