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September 6, 2024
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nuam and Asobolsa celebrate the results achieved at the Regional Congress

nuam and Asobolsa celebrate the results achieved at the Regional Congress

The 14th Regional Congress nuam – Asobolsa, held on August 29 and 30 in Cartagena, achieved a record with 358 participants, an increase of 57% compared to the 228 registered the previous year, achieving a total closure within days of starting.

The Congress, previously held by the Association of Stock Brokers of Colombia (Asobolsa) and the Colombian Stock Exchange (BVC), now has the participation of NUAM, thereby providing a regional focus, following the integration of the Colombian, Santiago and Lima Stock Exchanges.

Read: Stock market recovers after two years of depression, but remains cheap

Sponsor participation increased by 77%, reaching 46 partners who contributed to the Congress, compared to 26 in 2023. The event also featured a total of 12 conferences, eight talks, five masterclasses, three committees and six networking events.

Also recorded 47 national and international speakers on stage, which meant a growth of 57% compared to the 30 who participated in the previous version, being the highest figures recorded in the history of Congress.

The event incorporated a virtual version for the first time. In the search to democratize access to the capital market, the Congress opened its doors to allow more people to access these discussions. In this first version of the Virtual Congress, more than 100 attendees participated.

Read: Thinking about investing? Stock Market has 35 foreign investment options

Shenny González, acting president of Asobolsa, highlighted the importance of the regional integration process, “a process that is not only an opportunity, but a necessity for Colombia to maintain and strengthen its competitiveness in the global environment. Although each country has its own strengths, at Asobolsa we believe that collaboration between Colombia, Chile and Peru is the key to building a more solid and competitive regional capital market,” she said.

Andrés Restrepo, manager of the Colombian Stock Exchange and Shenny González, acting president of Asobolsa, at the nuam and Asobolsa congress.

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He called for continued work to strengthen the Colombian capital market. González said: “It is crucial to attract new types of investors, diversify our sources of capital and foster innovation in our sector. To do so, we need the commitment of all stakeholders: current issuers, regulators, investors and, of course, financial institutions.”

For its part, Andrés Restrepo Montoya, general manager of the Colombian Stock Exchange, presented a crucial perspective on the capital market. He highlighted that this market plays an essential role in allocating the financial risks of the economy in the best possible way and promoting diversification. of a country’s productive base. He also stressed that a professional market is essential to promote innovation and competition. Restrepo also called for improving market liquidity and working on regional integration to make the market more attractive and retain national savings.

His proposal included four pillars to strengthen the market: scale and liquidity, corporate governance, fair regulation and a more competitive market structure. “The invitation is that our discussion as a capital market has to be centered on this value, and it is our task to show all sectors of society the importance that this capital market has for the economy. Beyond the specific data, which are very important, of how many assets are under management, how much is the growth in trading, all that is vital, but having a powerful narrative with congressmen, with other unions, with the authorities, I believe that is a duty that we have as a sector,” said Restrepo.

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