Jos Dijsselhof, CEO of SIX, Elected as Vice Chairman of the World Federation of Exchanges (WFE)

Jos Dijsselhof, CEO of SIX, Elected as Vice Chairman of the World Federation of Exchanges (WFE)

(IN BRIEF) Jos Dijsselhof, the CEO of SIX, has been unanimously elected as the new Vice Chairman of the World Federation of Exchanges (WFE) during its Annual Meeting. He will serve a two-year term in this role. Previously, Dijsselhof held the position of Chairman of the WFE Working Committee from 2021 to 2023, where he played a significant role in advising the WFE Board of Directors on industry-related matters. As Vice Chairman, he will work alongside the President to advance the WFE’s mission of fostering resilient, open, and interconnected global markets. The WFE, established in 1961, represents over 250 market infrastructure providers globally, including clearing houses. Its members collectively manage significant financial resources and oversee a vast number of listed companies with a total market capitalization exceeding $100 trillion.

(PRESS RELEASE) ZÜRICH, 21-Sep-2023 — /EuropaWire/ — His election follows the position of Chairman of the WFE Working Committee, which Jos Dijsselhof held from 2021-2023.  In this role, he led one of the key committees within the World Federation of Exchanges (WFE), which advises the WFE Board of Directors on issues relevant to the industry. As Vice President of the WFE he will support the organization together with the President in its various pursuits to foster resilient, open and interconnected markets globally, as the voice of the industry.

Jos Dijsselhof, CEO SIX, said “I am honored to have been elected Vice Chairman of the WFE. This is a great opportunity to work with other leaders in the industry to promote resilient, open, and interconnected markets globally. I am committed to using my experience and knowledge to help the WFE achieve its goals. I believe that together, we can make a positive impact on the global financial markets.”

Established in 1961, the WFE is the global industry association for exchanges and clearing houses. Headquartered in London, it represents over 250 market infrastructure providers, including standalone CCPs that are not part of exchange groups. Of its members, 34% are in Asia-Pacific, 45% in EMEA and 21% in the Americas. WFE’s 90 member CCPs and clearing services collectively ensure that risk takers post some $1.3 trillion (equivalent) of resources to back their positions, in the form of initial margin and default fund requirements. WFE exchanges, together with other exchanges feeding into its database, are home to over 50,000 listed companies, and the market capitalisation of these entities is over $100 trillion; around $140 trillion (EOB) in trading annually passes through WFE members (at end 2022).

Please see here WFE’s official press release on the new board members.

About SIX
SIX operates and develops infrastructure services for the Swiss and Spanish Stock Exchanges, for Post-Trade Services, Banking Services and Financial Information with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss and Spanish financial centers. The company is owned by its users (120 banks). With a workforce of 4,044 employees and a presence in 20 countries, it generated operating income of CHF 1.5 billion and Group net profit of CHF 185.0 million in 2022.
www.six-group.com

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SOURCE: SIX