Geoffrey “Jeff” Otieno Odundo will be the Chief Executive of the Nairobi Securities Exchange (NSE), effective from 1 March 2015.
The Board of Directors of the Nairobi Securities Exchange appointed Andrew Wachira as the Acting CEO of the exchange, effective from 1 Oct 2014. Peter Mwangi left on 30 Sept.
The Nairobi Securities Exchange went live trading government and corporate bonds on an automated trading system, marking another step into Africa for South Africa’s financial software development company Securities Trading & Technology Pty (STT).
The Nairobi Securities Exchange is pushing ahead fast with its demutualization plans and will sell up to a 38% stake in an initial public offering (IPO) in June.
The Nairobi Securities Exchange passed key resolutions to take its demutualization into final stages, after scoring record profits for the financial year to 31 Dec 2013 and paying its first dividend to shareholders.
This week the Nairobi Securities Exchange (NSE) has joined the rush into providing boards for small and medium enterprises (SMEs) with the launch on 22 January of the Growth Enterprise Market Segment (GEMS).