Mar 7, 2023
Today, the Asian and Oceanian Stock Exchanges Federation (AOSEF), at which Japan Exchange Group, Inc. (JPX) serves as the Secretariat, held the AOSEF Online Top Executives Meeting for the first time to provide the top executives of the federation's member exchanges to share mutual insights into developments in the region.
The AOSEF Online Top Executives Meeting was held in place of the annual General Assembly (GA), which is aimed at gathering the top executives of all member exchanges to facilitate information sharing and cross-border collaboration. Since the COVID-19 pandemic began, the GA to be hosted in Korea has been postponed since Spring 2020 to Spring 2024. The top executives have not gathered, neither in-person nor virtually since the last GA in Singapore in 2019, and this led to calls from many members for this executives' virtual information sharing forum.
Representatives of 16 AOSEF member exchanges including Indonesia Stock Exchange President Director Mr. Iman Rachman, Hong Kong Exchanges and Clearing CEO Mr. Nicolas Aguzin, Korea Exchange Chairman & CEO Mr. Byungdoo Sohn, Singapore Exchange CEO Mr. Boon Chye Loh, Taipei Exchange Managing Director & CEO Ms. Edith Lee, and Taiwan Stock Exchange Chairman & CEO Mr. Sherman Lin graced the AOSEF Online Top Executives Meeting.
After JPX Group CEO Mr. Akira Kiyota opened the session with a warm address, executives heard a keynote address by Asian Development Bank President Mr. Masatsugu Asakawa. They then shared developments and insights into initiatives at their own exchanges, and hot topics such as digital assets and carbon credit markets, before reaffirming their intent to further deepen engagement and collaboration across the region.
Recognizing its main objective as a platform for networking so as to facilitate mutual collaboration and cooperation among its members, AOSEF believes that the region's capital market stands to benefit from collaborative ties among its stock exchange market operators. JPX, as the AOSEF Secretariat, will continue to channel efforts into enabling the development of capital markets in the region.