• Member exchanges elect Juan Pablo Córdoba as president, Jorge Alegría as vice president, and Pilar Martínez as chairwoman of the Working Subcommittee during the 52nd General Assembly
• The event, which has brought together more than 250 people over three days, has facilitated the exchange of knowledge and reflections among Ibero-American exchanges
• In the panels of the Annual Meeting, issues such as Artificial Intelligence, regulation, and investment opportunities in Ibero-America have been discussed
The 52nd General Assembly and Annual Meeting of the Ibero-American Federation of Exchanges (FIAB) held these days in Madrid concluded today with changes in the association's governing bodies, after three days of debates and knowledge exchanges about the state of financial markets in the region.
Unanimously, the member exchanges elected Juan Pablo Córdoba, CEO of nuam, as president; Jorge Alegría, general director of the Mexican Stock Exchange Group as vice president, and Christian Khatchikian, Chief of Staff at BYMA, the Argentine Stock Exchange, as secretary general.
Meanwhile, Pilar Martínez, Head of Public Affairs EU & Latam at BME, will assume the presidency of the working subcommittees, with the challenge of articulating the priorities of each table and facilitating technical cooperation among the region's exchanges.
"I proudly accept this new responsibility to continue in the Presidency of FIAB. The Federation is a fundamental actor in strengthening the region's capital markets and advancing an agenda that promotes the principle of mutual recognition among the countries of the region, encourages greater efficiency in our market infrastructures, and fosters a more inclusive capital market for small and medium-sized enterprises, promoting principles of proportionality and facilitating their access to financing," said Juan Pablo Córdoba.
Jorge Alegría emphasized that: "being elected vice president of FIAB is an honor and a commitment to work with all participants from Ibero-America. From the Mexican Stock Exchange, we will contribute to boosting the markets and together achieve that the ecosystem of companies and investors becomes a space to enhance development, sustainable growth, and innovation."
Jorge Alegría emphasizes that "being elected vice president of FIAB is an honour and a commitment to work with all participants from Ibero-America. From the Mexican Stock Exchange, we will contribute to boosting the markets and together make the ecosystem of companies and investors a space to enhance development, sustainable growth, and innovation."
Juan Flames, host of the event as CEO of BME, explains: "These three days of talks, debates, and knowledge exchanges with the Ibero-American exchanges have been very fruitful and enriching. We all agreed on defending the leading role that stock markets must play for economic growth and social welfare on both sides of the Atlantic, for which it is necessary to promote financial education."
Three days of debates
During three days, the Madrid Stock Exchange Palace hosted the 23 exchanges and markets that make up FIAB, as well as more than 250 professionals from the financial sector, who participated in meetings, committees, and panels to share perspectives on the current keys, challenges, and issues of the region's markets.
In the inaugural panel, the president of the CNMV, Carlos San Basilio, emphasized the importance of capital markets regaining their strength and anchor position. He also recalled the advantages that listing brings to companies and highlighted BME Easy Access as an example to encourage IPOs. He also stressed the importance of attracting retail investors and increasing the liquidity of the stock market, which has decreased due to the current fragmentation of trading outside official markets.
For his part, the governor of the Bank of Spain, José Luis Escrivá, governor of the Bank of Spain, delivered the special address of the day. In it, he highlighted that they are working to further expand interoperability between central banks and to ensure that financial markets have technologies and the latest resources without compromising security for investors and companies. He also emphasized the importance of valuing the euro and stock markets, while inviting Europe and Latin America to work together to strengthen their financial and commercial bridges.
Additionally, within the framework of the FIAB Annual Meeting, various dedicated panels were held, among other topics, on 24/7 trading, artificial intelligence, regulation, and sustainable finance.
The event sponsors were Invest in Madrid, Nasdaq, GVC Gaesco, Kreab, Auxadi, BVRD (Dominican Republic Stock Exchange), nuam, and Latinex.
The 23 member exchanges and markets of FIAB are the Buenos Aires Stock Exchange, Argentine Markets and Exchanges, Rosario Stock Exchange, Argentine Market of Values, A3 Markets, Bolivian Stock Exchange, B3-Brazil, Stock Exchange, Santiago Stock Exchange - nuam, Electronic Stock Exchange of Chile (BEC), Colombian Stock Exchange - nuam, National Stock Exchange – CR, Guayaquil Stock Exchange, Quito Stock Exchange, El Salvador Stock Exchange, BME, Mexican Stock Exchange, Latin American Stock Exchange (Latinex), Asunción Stock Exchange, Lima Stock Exchange - nuam, Stock Exchange and Market of Values of the Dominican Republic, Montevideo Stock Exchange, Electronic Stock Exchange of Uruguay, and Caracas Stock Exchange.
Link of interest:
• Streaming to watch again the panels.
• Inaugural speech by Juan Flames.
• Website of the Ibero-American Federation of Exchanges (FIAB).
About FIAB:
The Ibero American Federation of Stock Exchanges and Securities Markets, currently known as the Ibero American Federation of Exchanges (FIAB), was founded on September 27, 1973, in Rio de Janeiro, Brazil. Its objective is to facilitate the participation and channeling of popular savings to boost the productive processes of the public and private sectors, encourage the improvement of stock exchanges and securities markets for these purposes. Additionally, it promotes cooperation for economic and financial integration and convergence towards unified standards, practices, and customs. The Ibero-American Federation of Exchanges (FIAB) also acts as a representative of its members before international organizations and national authorities.