THE SEO HELD THE CONFERENCE NAMED IRAN CAPITAL MARKET: REWARDING FINANCIAL INSTRUMENTS, PROMISING DIVERSE INDUSTRIES
The SEO held the conference named Iran Capital Market: Rewarding Financial Instruments, Promising Diverse Industries on the sideline of the 9th International Exhibition of Exchange, Bank and Insurance (FINEX) in Tehran on July 11th.
There were nearly 70 attendees from 15 countries at this conference. There were diverse programs at the conference including three panels, an exclusive interview, three presentations, not to mention the high profile key-note speakers.
At the outset of the conference, Dr. Fetanat, SEO Chairman, gave a speech on the latest developments of the capital market in terms of performance, international activities and future programs. He talked about the attractive products in the market and then touched on the latest developments on launching new financial institutions such as credit rating agencies.
Another keynote speaker was Mr. Zhin, Governor of the FSS from South Korea, who briefly talked about the current relation between the Iranian and Korean capital markets and went on saying a new chapter has been opened for the linkage between these two capital markets and he will do his best to facilitate this linkage.
Furthermore, the Ambassador of South of Korea to Tehran, Mr. Seung-Ho Kim, also delivered a short speech at the conference in which he stressed a top-down support for the mutual cooperation between these two capital markets. He in the conclusion wished a prosperous future for both markets.
One of the interesting parts of the conference was the one-on-one interview between Dr. Julio Haas, the Swiss Ambassador to Tehran, and Dr. Bijani, Vice-chairman in International and Foreign Investment Affairs in the SEO. The interview was mainly focused on the recent financial developments of Iran in international settings. Dr. Haas mentioned the positive effects of the JCPA and how it has already eased the financial transactions and interactions between Iran and other countries to a tangible level. He nonetheless talked about the still-in-place hurdles in this path, but in the end, he assured the audience the situation is on an increasingly improving path.
On the afternoon of July 11th, there were three panels that were moderated by Dr. Bijani. In the first panel, the panelists who were the CEOs of Iran’s biggest equity and commodity exchanges, namely, the TSE, Dr. Ghalibaf, and IME, Dr. Soltaninejad, the CEO of the Munich Stock Exchange, Dr. Thiel, the CEO of the Athens Exchange Group, Dr. Lazaridis, and a member of the Exchange High Council, Dr. Mohseni. These panelists talked about the products and industries in the Iranian capital market while comparing them with their international equivalents.
The topic of the second panel was the internationalization of the Iranian capital market. The panelists were Mr. Avlontisis, the Vice-chairman of the Hellenic Capital Market Commission, Mr. Baader, the founder and adviser of Baader Bank, Mr. Baltaci, the Secretary General of FEAS, Mr. Hamooni, the IFB CEO, and Mr. Helg, the ACL Asset Management Company CEO. The panelists talked about their viewpoints on the way the Iranian capital market has been trying to go global and international and how successful it has so far been.
The third panel which was on the plans the Iranian capital market has to join the international markets was attended by Dr. Saeedi, a board member and deputy for the supervision on financial institutions, Dr. Fahimi, a board member and head of R&D, Dr. Mohsei, CSDI CEO, and Ms. Shand, Nasdaq senior advisor. The panelist mainly discussed the required infrastructures Iran capital market needs to address so that it turns into a more international market.
The attendees and also panelist paid a visit to the booths where both national and international financial sectors were presenting their latest developments for different visitors.