Aquis Exchange, the proposed pan-European equities trading exchange, has appointed three non-executive directors to its board of directors.
Adam Maciejewski, chief executive of Warsaw Stock Exchange (WSE), Pawel Czupryna, senior WSE advisor, and Peregrine Holdings’ founder Sean Melnick have joined the board as shareholder representatives.
In addition to heading up WSE, Maciejewski is the chairman of the supervisory boards of the Polish Power Exchange and BondSpot (a fixed income market operated by WSE). Outside of business, he is involved in a number of educational activities: he is chairman of the Programme Council of the Academy of Capital Markets Leaders at Leslaw A Paga Foundation, a member of the advisory council to the Management Faculty at the University of Gdansk and a member of Warsaw University School of Economics.
Pawel Czupryna is currently advisor to the president and CEO of WSE and prior to this, he worked for leading European investment banks including Barclays Capital, Deutsche Bank and Raiffesien Centrobank.
In August 2013, it was announced that WSE, the largest exchange in Central Europe, agreed to purchase a 30 per cent equity stake in Aquis Exchange, laying the foundations for the development of mutually beneficial innovations in the European equity markets.
Melnick is the founder and deputy chairman of Peregrine Holdings Ltd, the JSE-listed asset management and financial services business, as well as chairman of Peregrine subsidiary Stenham Limited. He has been actively involved in the start-up phase of several businesses that today have market-leading positions in their respective niches.
Niki Beattie, non-executive chairman of Aquis Exchange, says: “I am very happy to be welcoming Adam, Pawel and Sean to the board. Their expertise in a broad spectrum of international financial service environments will be hugely beneficial to us as we move towards launch and seek to bring positive disruption to the market.”
Maciejewski says: “WSE’s business partnership with Aquis Exchange is set on solid and well thought-out foundations. Our cooperation aims at developing mutually beneficial innovations in the European equity markets.”