The African Securities Exchanges Association (ASEA) has elected Karim Hajji, Chief Executive of the Casablanca Stock Exchange and Edoh Kossi Amenounve President and Deputy President respectively.
Hajji replaces Oscar Onyema, chief executive of the Nigerian Stock Exchange (NSE), who completed his second term of two years.
Other members of the newly formed ASEA Executive Committee include, Geoffrey Odundo, CEO of Nairobi Securities Exchange; Ms. Nicky Newton, CEO of Johannesburg Stock Exchange; Mohammed Farid Saleh, CEO of the Egyptian Exchange; Thapelo Tsheole, CEO of Botswana Stock Exchange; and Pierre Ekoule, CEO Douala Stock Exchange, Koffi Yamoah, CEO of the Ghana Stock Exchange; and Pierre Celestin Rwabukumba CEO of the Rwanda Stock Exchange.
Reacting to his election, Hajji said he looks forward to working with each member of the Executive Committee to continuously advancing the vision of ASEA while delivering value to the membership.
He commended Onyema for the good work done in the past four years, noting that the new Executive Committee will build on the legacy he left behind.
According to him, “I believe that through advocacy and strategic lobbying, ASEA will be able to unlock opportunities for the much-needed liquidity in the African financial markets.”
Incoming Deputy President, Dr. Edoh Kossi Amenounve, says he also looks forward to working with the current and new members of the Executive Committee of ASEA and more so supporting Karim Hajji in his assignment as President of ASEA.
Speaking on the election, Onyema thanked the Executives of the Association for the support accorded to him during his four years in office.
“The successes that the Association has enjoyed during my tenure as President would not have been possible without the relentless support of the Executive Committee Members and that of the ASEA Secretariat. He noted; thank you for supporting my vision for the Association,” he added.
The 22nd Annual ASEA Conference opened on November 26, 2018 in Lagos with the theme: “Champions on the Rise; Africas Ascension to a More Sustainable Future,” underpinning the need for operators of African capital markets to fully embrace sustainable business practices, as well as the opportunities and risks presented by the fourth industrial revolution.
Dignitaries in attendance at the opening ceremony were the Vice President Yemi Osinbanjo of Nigeria; Ms. Arunma Oteh, Vice President and Treasurer, World Bank; and Ms. Idiat Oluranti Adebule, Deputy-Governor of Lagos State among others.
Among speakers lined up for the conference to engage the delegates in robust discussions for the two day Conference include: Ms. Nandini Sukumar, the CEO of the World Federation of Exchanges, AigbojeAig-Imoukhuede, Chairman, Coronation Capital and Ex-Officio, NSE and Sandy Meyer Frucher, Vice Chairman Nasdaq.
Caption: Karim Hajji, New President of African Securities Exchanges Association (ASEA)/CEO of the Casablanca Stock Exchange (left); and Oscar Onyema, Immediate Past President of ASEA (right).
