Dr. Mohamed Farid Saleh Message
Chairman of FEAS | Executive Chairman, Egyptian Exchange
Remarks
The year 2021 can be marketed as the year of resilience and recovery. Economies worldwide began to rebound moving beyond the pandemic challenge and overcoming its arising problems. As part of this scene, the Federation of Euro-Asian Stock Exchanges (FEAS) was able to adapt to the new norms and continue in the development of its
strategies.
Throughout this challenging year, in June 2021, I took over the Chairmanship of the Federation of Euro-Asian Stock Exchanges (FEAS). It is significant to mention that even during this uncertain time, FEAS was able to conduct the elections for its board on-line (electronically). In fact more activities were conducted on-line with exceeding
participation.
FEAS's new and widely known project “Meet the Market with FEAS'', gathered more than 1000 participants, representing Stock Exchanges, CSDs, Investment Banks, Brokerage Firms, Asset Managers, Funds, International Corporations, as well as local Market Participants, Issuers, from Asia to Europe and the Middle East.
During 2021, FEAS was able to organize the first in-person gathering since the pandemic: “Capital Market Talks” - an invitation-only closed event, with a special agenda of discussion. It was my pleasure meeting with FEAS members and non-members, key players of the capital market industry from Asia and Europe in one place to discuss experiences, challenges, and new opportunities for the development of our industry. I hope the event was insightful for all participating parties participating
physically or virtually.
As a federation comprising of more than 30% of the eligible organizations for membership in the region, with a unique position between two continents, we studied the development of FEAS’s strategy to better serve its members and reinforce its position globally. We identified challenges and opportunities, deliberated on being more proactive in terms of developing markets, increasing capacity building efforts, studying new opportunities, working for more financial inclusion and highlighting success stories. One of the main objectives is to promote the position of FEAS worldwide on behalf of its members and create an effective impact worldwide.
FEAS will continue to stay true to its mission in times of change, to promote cooperation, development, collaboration, and promotion of the capital markets of the region. I also believe that with the new strategy that we built in 2021, and with the support of FEAS loyal members and community, we will reach our goals within the federation and will extensively serve our members with timely and relevant training, studies and research, in addition to working on increasing members’ visibility in the
research community.