OREANDA-NEWS. The annual general meeting of International Association of Exchanges of the Commonwealth of Independent States (IAEx of CIS) was held in Saint Petersburg July 1 through July 5, 2009, reported the press-centre of KASE.

The meeting elected Kadyrzhan Damitov President of Kazakhstan Stock Exchange (KASE) as a member of the IAEx of CIS.

The Council of IAEx of CIS is a collegiate body managing IAEx of CIS between the general meetings summoned at least once a year.

Members of the IAEx of CIS are:

- Farkhat Amirbekov - Head of Baku interbank currency exchange;

- Irina Zarya - Head of Board of Directors of PFTS Exchange;

- Kostantin Korischenco - MICEX President;

- Tokhir Tokhtabaev - Chairman of Uzbek Commodity Exchange;

- Pavel Tsekhanovich - Chairman of Belarus Currency Stock Exchange.

Reference

The International Association of Exchange of CIS, +7 (495) 695-9739, www.mab.micex.ru was established in Moscow in 2000 with an aim to coordinate development of financial markets in accordance with international standards. The IAEx of CIS comprises 18 exchanges and 2 depositories from 10 countries of the Commonwealth, playing key roles in servicing of financial turnover, transactions in currency, government securities and corporate securities.