George Möller, outgoing FESE President, concluded: "Looking back at the time of my Presidency, I can happily conclude that FESE as the representative voice of Europe's Regulated Markets is clearly heard in Brussels and throughout Europe. It is with great confidence that I will hand over the Presidency of FESE at the end of this calendar year and I look forward to seeing the Federation's new President, Massimo Capuano, lead Europe's Exchanges and Clearing Houses into a future world of open competition and a level playing field," George Möller said.
Massimo Capuano, incoming FESE President, said: "I am delighted to take up the President's chair at FESE at this point of time that is crucial for Europe's Regulated Markets. The Investment Services Directive is at a crossroads in the legislative process and other important initiatives of the Financial Services Action Plan are also at a decisive stage. Together with the Vice President and the FESE Secretariat I hope that we will see a new Commission, a new European Parliament and an extended European Union work constructively towards a truly Single European Financial Market that is globally competitive and provides a solid framework for a prosperous European economy."
Jukka Ruuska, incoming FESE Vice President, added: "I'm proud to be elected Vice President of FESE at the time when the European securities markets are integrating in an accelerating pace and new countries with young marketplaces are joining the European Union. I look forward to continuing the important work that FESE has done in promoting harmonized environment and demolishing barriers to integration. FESE has also at a very early moment opened its doors to the new Exchanges of Central and Eastern Europe for co-operation and subsequently for Membership, which has helped
