VOL. XL

No. 32

11-August-1997

JORDAN

Jordan Elects Head For SEC

Jordan has appointed Mr. Michel Marto to head the newly-established Security ExchangeCommission (SEC) which will supervise long-term reforms on the Amman Financial Market(AFM), according to Beirut-based Middle East Capital Group. Mr. Marto's nomination - he isDeputy Governor of the Central Bank of Jordan and is known to have good ties with theinternational investment community - is expected to raise the profile of the AFM and help...