Onyeama re-elected as ASEA President

Onyeama re-elected as ASEA President
United Bank for Africa

The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar N. Onyema, has been re-elected President of the African Securities Exchanges Association(ASEA) for another two-year term.

This decision was reached at the Association’s 20th Annual General Meeting (AGM) which was attended by sixteen Member Exchanges and two Associate Members on Sunday, November, 27, 2016, in Kigali, Rwanda. The Association also re-elected Mr. Karim Hajji, CEO, Casablanca Stock Exchange as the Deputy President.

Commenting on the development, Onyema thanked the association 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 noted.

Deputy President, ASEA, Mr. Hajji noted that a lot of good work has been done by the Executive Committee, the Members and the Secretariat of ASEA in the last two years, looking forward to the next two years in propelling ASEA forward.

Other officers constituting the ASEA Executive Committee for the next 2 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” sought 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,” he added.