Aquis Exchange appoints three non-executive directors to board

Source: Aquis Exchange

Aquis Exchange, the proposed pan-European equities trading exchange*, has appointed three new non-executive directors to its Board of Directors. Adam Maciejewski, CEO 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, Adam Maciejewski is the Chairman of the Supervisory Boards of the Polish Power Exchange and BondSpot (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. He is a graduate of the Warsaw School of  Economics and is the author of a number of publications. 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. Pawel holds an  MBA from Warsaw University.

In August 2013, it was announced that WSE, the largest exchange in Central Europe, agreed to  purchase a 30% equity stake in Aquis Exchange, laying the foundations for the development of  mutually beneficial innovations in the European equity markets.  

Sean 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.  He  is  a  Chartered  Financial  Analyst  and  a  graduate of the University of Witwatersrand.  

Commenting on the appointments, Niki Beattie, non-executive Chairman of Aquis  Exchange, said: "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.

Adam Maciejewski said: "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."

Pawel Czupryna added: "I am delighted to join the Aquis Exchange Board. The Company has a great team in place and an innovative business model that will serve our clients and encourage  the industry to grow. I look forward to it."

Sean Melnick said "The Company has a unique plan to bring growth to the industry. I am pleased to be involved in this business and to be working with my colleagues on implementing and developing Aquis Exchange's strategy." 

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