The Botswana Stock Exchange (BSE) Chief Executive Officer (CEO), Thapelo Tsheole, has been elected into the African Securities Exchanges Association (ASEA) Executive Committee at the African Securities Exchanges Association’s (ASEA) 20th Annual General Meeting (AGM) this past week.
Insiders in the capitals markets describe his professional role as having been key as shown by his commitment through innovation and significant inroads with regards to introducing new products and reviving the bond market at the BSE.
Furthermore, Tsheole has also been instrumental in the country’s national stock exchange when the NEW GOLD Exchange Traded Funds (EFT) was listed as the first EFT in the BSE in 2010 and also when BSE listed the second EFT the BETTABETTA EFT in 2011.
Tsheole expressed his profound gratitude in being entrusted with a role in the ASEA Executive Committee for the next two years.
“Currently, as an association, ASEA has performed tremendously well in trying to encourage Securities Exchanges across the continent to abide by the best international practices in a bid to promote Africa as a viable investment destination for foreign investment.”, Tsheole said.
He added that strong regulatory frameworks and innovative advances with respect to product offerings and services will assist in nurturing robust markets with the long-term view of aiding economic growth for most African states.
“Subsequently, for the next two years, we will continue to play a key role in tackling such challenges to attract participation within our markets”.
Meanwhile, at the same meeting, Oscar Onyema, OON Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NGX) and Karim Hajji CEO Casablanca Stock Exchange were re-elected as President and Deputy President of ASEA respectively.
Other officers constituting the ASEA Executive Committee for the next two- year term include, Geoffrey Odundo, CEO of Nairobi Securities Exchange, Zeona Jacobs, Director Marketing and Corporate Affairs, Johannesburg Stock Exchange (JSE), Edoh Kossi Amenounve, CEO Bourse Regionale des Valeures Mobiliers, Mohammed Omran, CEO Egyptian Exchange and Pierre Ekoule, CEO Douala Stock Exchange.