Director Jeong Eun-bo Departs to Attend World Federation of Exchanges Board Meeting

The Korea Exchange announced on the 14th that Chairman Jeong Eun-bo of the Exchange has departed for S?o Paulo, Brazil, to attend the board meeting of the World Federation of Exchanges (WFE).

Yonhap News

Established in 1961, the WFE is a consultative body where regular exchanges from around the world participate as members to discuss agendas related to the global exchange market. It consists of 73 full members and 12 associate members.

The Korea Exchange joined as the 21st full member in 1979 and currently participates as the Asia-Pacific regional representative director on the WFE board, which has a total of 18 seats.

At this board meeting, approval of the WFE financial statements and this year’s business plan will take place, along with discussions on recent trends in the global exchange market, including the inauguration of the Trump administration in the United States and changes in the regulatory environment.

An exchange official stated, "Chairman Jeong plans to meet with representatives of major overseas exchanges to share strategic directions on future growth businesses such as virtual asset exchange-traded funds (ETFs) and the advancement of data and index businesses, and to seek cooperation."

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