The Chief Executive Officer of Abu Dhabi Securities Exchange (ADX), Rashed Al Baloushi, received the “Government CEO Excellence” Award at the 11th Leading CEO Awards ceremony held on 17th April at the Burj Al Arab Hotel in Dubai. The award ceremony, organized by the Middle East Excellence Awards Institute, recognizes some of the region’s most outstanding leaders of government and business organizations.
During Mr. Al Baloushi’s tenure as Chief Executive, the Abu Dhabi Securities Exchange has adopted a significant number of global best practice rules and regulations. ADX was also inducted as a member of the World Federation of Exchanges (WFE) in 2012, and on 17th April successfully launched the world standard trading platform, X-Stream, developed by NASDAQ OMX, and the first exchange in the region to run the in-memory vetting model of X-Stream trading.
Commenting on the award, Mr. Al Baloushi said:”I am honored to receive this award which recognizes the achievements of ADX particularly over the past year, at the same time delivering real and sustainable value for our stakeholders.”
“This honor is as much to our loyal team of management and staff as it is to me.It is an accolade for the ADX family, and I am delighted accept it on their behalf as we look forward to continued success in the future.” Al Baloushi added.
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