WFE CEO Nandini Sukumar visited the Colombo Stock Exchange (CSE) in mid-September, meeting Chairman of the CSE, Ray Abeywardena and many other CSE colleagues.
Ms Sukumar commended the special relationship between the two organisations and commented on the important contribution made by the CSE to regional capital market development. Speaking at a Market Opening Ceremony organised to honour her visit, she said: “I see the CSE and its engagement with the WFE as a metaphor for the success of WFE. When I see the exchange participating with the WFE more and more, I feel that we are doing the right things and that we are on the right track when serving our members. You’ve been a part of our history and you are a part of our future.”
The CSE has been an incredibly dynamic exchange and supportive of other exchanges in the region, she added.
Commenting on the role of exchanges in emerging economies, she said: “In countries such as Sri Lanka, exchanges are particularly important. An exchange at the heart of the market like it is here, has a far wider more systemic and more profound role that visibly translates into growth and development. We see first-hand what a difference we can make in daily life and through our working lives.”
The Chairman of the CSE, Ray Abeywardena welcomed Sukumar to the CSE and thanked the WFE for opportunities and assistance provided to the CSE over the years. He said that the WFE has been instrumental in offering the CSE a pathway to engage, collaborate and learn from other markets and more developed peers.