CEO Letter - October 2022

By: Nandini Sukumar, CEO, The WFE Oct 2022

Our October issue is devoted to investor protection, financial literacy and financial inclusion: things WFE members believe in very strongly. It’s a subject that has greater resonance as we see increased participation of retail investors in financial markets.

This month, we hear from 16 members, starting with Marek Dietl, President of the Management Board, Warsaw Stock Exchange, who provides an overview of the many programs that the exchange has for educating the country’s population about the investment world.

In Asia, Sherman Lin, Chairman, TWSE, is focused on using financial literacy to crack down on fraud as the exchange continues to uphold its role preserving market integrity and protecting investors.

Over in the US, Brian Schell, Executive Vice President, CFO and Treasurer, Cboe Global Markets, discusses the new class of retail investors who are inheriting the wealth of an older generation and need proper knowledge to make smart financial decisions.

Also from Asia, Shun Takato, Head of Fintech at JPX Market Innovation & Research, Inc., who explains how the Japanese exchange’s J-Quants project offers retail investors a taste of the power and technology behind data-driven trading and investment analysis. Dr. Soraphol Tulayasathien, Senior Executive Vice President of the Stock Exchange of Thailand, discusses the various projects that the exchange is launching to build good financial behaviors in the country. Edith Lee, Managing Director & CEO, Taipei Exchange, details some of the ways the exchange is teaching financial literacy to college students. Ramon S. Monzon, President and CEO, Philippine Stock Exchange, explains how the exchange is working to overcome a general lack of understanding of financial markets as apprehension brought about by preconceived notions about investing have made many Filipinos shy away from investing.

Continuing in Asia, Glenda So, Co-Head of Markets, Hong Kong Exchanges and Clearing, explains how the exchange is driving ESG awareness, enhanced regulations and high standards of responsible corporate governance to help investors make good decisions. M. Shaifur Rahman Mazumdar, Acting Managing Director, Dhaka Stock Exchange, outlines the ways the exchange is promoting financial literacy among investors through appropriate and effective training. Chan Kum Kong, Managing Director, Head of Research, SGX Group, explains how the Singapore exchange’s programs are designed to help investors of all levels, from professionals to people in the early stage of their investment journey. Ashishkumar Chauhan, Managing Director & CEO, National Stock Exchange of India, details how the exchange is using social media to increase financial education in the country.

Moving to Africa, Irene Robinson Ayanwale, Divisional Head, Business Support Service, NGX, tells us how NGX has adopted a multi-dimensional approach to closing the financial literacy and inclusion gap in Nigeria.

From the United States, Anita Liskey, CME Group Senior Managing Director of Global Brand Marketing and Communications, explains how the Futures Fundamentals website is helping learners of all levels grasp the concepts essential to the marketplace and educating those new to futures markets. Nasdaq’s Oliver Albers, Executive Vice President, Investment Intelligence, explains the various programs it is using to inform the general public on all elements of retail trading and investing.

And in Latin America, José Antonio Martínez, CEO, Bolsa Santiago, explains that one of the missions of the exchanges is to promote sustainable market growth, aiming to generate shared value with shareholders, customers and stakeholders to contribute to the wellbeing of Chile and the region.

Moving to Europe, Andrea Weidemann, Director, Swiss Finance Museum, discusses how SIX and the museum are working together to promote financial literacy.

One thing all of these members have in common is a belief that we all share: The world is a better place when people receive the financial education they need to make smart decisions.

See you next month for more.






Nandini Sukumar
Chief Executive Officer
The WFE