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NSE Boss Oscar Onyema Re-elected ASEA President


By Modupe Gbadeyanka

African Securities Exchanges Association (ASEA) has re-elected the Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema, as its President.

Mr Onyema is to lead the body for another two-year term.

Also re-elected by ASEA is its Deputy President, Mr Karim Hajji, who is the CEO of Casablanca Stock Exchange.

Both officers were re-elected at the association’s 20th Annual General Meeting (AGM) attended by 16 member Exchanges and two associate members on Sunday, November, 27, 2016, in Kigali, Rwanda.

Commenting on the development, Mr Onyema thanked the body for the support he had received during his first tenure as President and for entrusting him with the leadership of ASEA for yet another term.

“I am grateful to my fellow Executive Committee Members, for the support and dedication shown to me and to ASEA. I humbly accept this new challenge and I look forward to further delivering on the promise of the Association in the two (2) years ahead,” he remarked.

On his part, the Deputy President of ASEA, Mr Hajji remarked that, “A lot of good work has been done by the Executive Committee, the Members and the Secretariat of ASEA in the last two (2) years and I look forward to the next two (2) years in propelling ASEA forward.”

Other officers constituting the ASEA Executive Committee for the next two-year term include, Mr Geoffrey O. Odundo, CEO of Nairobi Securities Exchange; Ms Zeona Jacobs, Director Marketing and Corporate Affairs Johannesburg Stock Exchange (JSE); Mr Edoh Kossi Amenounve, CEO Bourse Regionale des Valeures Mobilieres; Mr Mohammed Omran, CEO Egyptian Exchange; Mr Thapelo Tsheole, CEO Botswana Stock Exchange; and Mr Pierre Ekoule, CEO Douala Stock Exchange.

The official opening of the 20th Annual ASEA Conference kicked off on November 28, 2016 at the Serena Hotel, in Kigali.

The conference themed ‘Road to 2030: Making the Capital Markets Relevant to the Real Economy’ will seek to address the direct impact of the stock market on the livelihood of the African citizens.

In his opening remarks during the officiating ceremony, Mr Onyema noted that “The theme of this year’s Conference couldn’t be timelier in light of the prevailing economic headwinds; it provides us with an opportunity to deliberate on the appropriate responses to the challenges facing us as African economies.”

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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