ASEA picks Egypt bourse chief as head of capital markets standards committee

The African Securities Exchanges Association (ASEA) has chosen Egyptian bourse (EGX) chairman Mohamed Omran as head of the capital markets standards committee for the third time in a row.

The capital markets standards committee is tasked with standardising the criteria on which African stock exchanges depend to issue their statistics.

This was during the ASEA Executive Committee meetings in Kigali, Rwanda.

ASEA executive committee is authorised to set the association’ trends, strategy, and to develop a deeper cooperation and integration among African stock exchanges in various fields. It’s worth mentioning that EGX is an active member of ASEA and has contributed significantly in the association’s development in the technological structure and information technology fields over the past years.