Fresh information has surfaced that the Botswana Stock Exchange (BSE) Deputy Chief Executive Officer (CEO) Thapelo Tsheole has been elevated to the exchange house’s plum post as its substantive CEO taking over from Hiran Mendis.
Sunday Standard can reveal that Tsheole’s appointment took place following the succession plan put in place when he was appointed Deputy CEO to succeed the outgoing Mendis.
Information reaching this publication suggests that the different market participants as well as Assert management have expressed confidence in his role within BSE.
Brokers have also previously expressed confidence on Tsheole’s appointment. Other senior members at the government enclave have also expressed confidence in the youthful University of Cape Town (UCT) graduate equipped with two Masters in Business Administration (MBA) from Graduate School of Business and MBA in Financial Markets.
Tsheole has been previously focusing on BSE Product Development functions and his immediate past role has been deputizing Mendis whose work contract is ending at end of 2014.
He has been also key at BSE and remained committed to being innovative and made significant inroads with regards to introducing new products and reviving the bond market.