SA stock exchanges to meet in Colombo end Feb
View(s):The Colombo Stock Exchange (CSE) which plans to host the Executive Committee Board Meeting for the current term of the South Asian Federation of Exchanges (SAFE) towards February end will discuss with its South Asian counterparts on showcasing the SAARC region as a potential investment destination to the rest of the world.
“Chief Executives of Stock Exchanges in South Asia will attend the meeting and workshop on the theme ‘Way forward for Exchanges in South Asia,’ CSE Chairman Vajira Kulatilaka, who’s presently the Chairman of SAFE, told the Business Times adding that as a cohesive effort they will actively pursue promoting SAARC.
It’s planned that by next year they aim to host a fund managers’ conference in a SAARC nation. Mr. Kulatilaka added that the Bombay Stock Exchange (BSE), Pakistan Stock Exchange (PSX), Chittagong Stock Exchange, Maldives Stock Exchange, Royal Securities Exchange of Bhutan, Central Depository Bangladesh, Mercantile Exchange Nepal and the CSE will meet to review the activities and plan out the next term of office in addition to discussing at this conference. The participants will also finalise the next chairmanship of SAFE and the host country in which the AGM will be held later this year.
The two CEOs of BSE and PSX will share their experiences and transformational strategies of their exchanges at the board meeting with SAFE member exchange representatives and CEOs of Member Firms of the CSE. This will be followed by a panel discussion featuring the CEOs of SAFE Member Exchanges.
SAFE aims to foster collaboration and co-operation among its members in order to develop their respective capital markets.