CSE success in
The Cyprus Stock Exchange had a new great success on a European
level. FESE decided unanimously to
reelect the CSE General Manager, Nontas Metaxas as Chairman of the Budget and
Audit Committee and member of its Board of Directors.
This great honour for
The unanimous reelection of Mr. Metaxas is a recognition of his positive
offer during the previous terms of office, while it will affect positively the
CSE, whose role is boosted on a European basis.
It is worth noting that FESE will be called to deal with significant
issues, such as the upcoming restructuring of the institutional framework of
the EU for stock market issues and the relevant directives.
The CSE, via Mr. Metaxas, will have an important role in the
deliberations for those significant issues.
With the reelection of Mr. Metaxas, the CSE – despite its small size –
will take part in the decisions concerning the future of the stock market in
It is noted that his appointment in the Budget and Audit Committee is
based on the service for the proposal of stock market issues, taking into
account their integrity and not on any other criteria concerning the
geographical distribution of the EU members or any other political
criteria.