(Vienna) Petr Koblic, CFO of Vienna Stock Exchange, CEO of the Prague Stock Exchange and Member of the Board of CEE Stock Exchange Group (CEESEG), was elected President of the Federation of European Securities Exchanges (FESE) on 3 October 2018 for a term of three years. The election was unanimously approved by the FESE General Assembly. Mr Koblic has served on the FESE Board for a number of years. He was nominated into the position of Vice President in June of this year.
On his appointment, Mr Petr Koblic said, "I am honored to be elected as President of FESE and represent the European Exchange industry which is an integral part of the European economy. Given the geopolitical challenges ahead, now more than ever we need to work together to improve European capital markets that are transparent and efficient and deliver to the financing and risk management of the European economy. As an ambassador of small and medium exchanges particularly in Central Europe, my experience of building and promoting the crucial role of local ecosystems will hopefully add to the organization. FESE has always supported exchanges of all sizes and I will continue to ensure that all voices will be heard in the powerful forum FESE has become during the last years."
The Federation of European Securities Exchanges represents 36 exchanges covering equity, bond, derivative and commodity market across Europe. It members also include large European exchanges such as NASDAQ and Deutsche Börse. Close to 9,000 companies list on the markets of FESE members.
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About the Vienna Stock Exchange
The Vienna Stock Exchange is the only securities exchange in Austria. It features a modern infrastructure and supplies market data and relevant information. It offers Austrian companies maximum visibility, high liquidity and utmost transparency. Investors can rely on the smooth and efficient execution of exchange trades. The Vienna Stock Exchange operates a central market datafeed for Central and Eastern Europe (CEE) and is well established as an expert for the calculation of indices with a reference to the region. Wiener Börse AG, together with its holding company, CEESEG, cooperates with over ten exchanges in CEE and is globally recognized for this unique know-how.
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