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Frank Mwiti Is Now The New CEO Of The NSE

BY Juma · February 20, 2024 10:02 am

The Nairobi Securities Exchange (NSE) will now have a new Chief Executive Officer. Frank Mwiti, the Eastern Africa Markets Lead & Partner at Ernst & Young, has been appointed the CEO. He will succeed Geoffrey Odundo who has been at the helm for 9 years.

“Following the competition of Mr. Odundo’s tenure, the board of NSE is pleased to announce the appointment of Mr. Frank Mwiti as the new CEO effective May 2, subject to regulatory approvals by the Capital Markets Authority (CMA),” the Board’s notice reads.

Read Also: Banking on Change: Equity Group Rises as Safaricom Dips In Wednesday’s NSE Trading Shuffle

“Mwiti is a dynamic and accomplished business leader with more than two decades of diverse and international professional experience in strategy, governance, business development, risk management, corporate finance, mergers & acquisitions, and performance improvement,” the NSE’s Board said.

“Mwiti’s strategic capabilities and exception experience in frontier, emerging, and developed financial markets…will play a critical role in accelerating the next phase of growth of the NSE,” the Board added.

Read Also: Market Maneuvers: NSE’s Red Day Amidst Foreign Domination And Regulatory Revamp as Equity Group, Spearheads The Market Activity By Accounting For 37.6% Of The Turnover

Juma is an enthusiastic journalist who believes that journalism has power to change the world either negatively or positively depending on how one uses it. (020) 528 0222 or Email: info@sokodirectory.com

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