MANAMA: Bahrain Clear’s senior director of operations Abdulla Abdin has been appointed chairman of the World Forum of Central Securities Depositories (WFC).
Mr Abdin was appointed by the board of the WFC, which includes five regional CSD associations which together represent around 135 member CSDs: Asia-Pacific CSD Group, Americas’ Central Securities Depositories Association (ACSDA), Association of Eurasian Central Securities Depositories (AECSD), Africa and Middle East Depositories Association (AMEDA), and European Central Securities Depositories Association (ECSDA).
“Bahrain Clear has been actively engaged in regional and international activities of CSDs, as this demonstrates our commitment to further develop the infrastructure of the company since its establishment in 2017 to offer enhanced services in line with international standards,” said Mr Abdin.
The WFC provides a forum for regional CSD associations to exchange information, discuss issues of common interest and increase their influence and engagement on cross-regional and global developments.
The forum’s board comprises 10 members, being the chairs and vice-chairs of each of the five regional associations.