Organizational Structure

The Exchange pays close attention to constant improvements in efficiency of its business processes and management system.

In 2017, it developed new standard market division structures, under which sales and product development are defined as key business lines to ensure greater efficiency across the markets and streamline the business processes. These organizational changes are scheduled for the first quarter of 2018.

These changes are also designed to introduce a flatter management structure at the Group’s business divisions, which is in line with the goals of implementing cross-market strategic projects and growing career opportunities for employees.

The Exchange will continue improving the efficiency of its organizational structure by adopting best-in-class practices and approaches, including those aimed at enhancing career and professional development opportunities for employees.

No headcount optimization was carried out in 2016–2017, nor is it scheduled for 2018.