The Supervisory Board of the Albanian Financial Supervisory Activity (AFSA) approved on its meeting of September 13th, 2019, the corporate charter (statute) changes of the Albanian Securities Exchange (ALSE). These changes mainly consist on the specification of decision making rights on Shareholders’ Assembly, defining principles of ALSE regarding its activity, and its impact in the financial system. Likewise, changes in the ALSE’s corporate charter enhance the monitoring and surveillance procedures of stock exchange operators by positively affecting the development of a sustainable domestic capital market.
During the same meeting, the Albanian Financial Supervisory Activity Board approved the re-appointment of Mr. Artan Gjergji in the same actual position as Chief Executive Officer (CEO) of the Albanian Securities Exchange. Mr. Gjergji, who is a person with a deep academic and professional knowledge in the field of financial management and capital markets, was one of the first originators of the project to develop ALSE. He is running the Albanian Securities Exchange ALSE since July 2017.