MR. OSCAR ONYEMA, CEO OF NSE WAS RE-ELECTED AS PRESIDENT ASEA

MR. OSCAR ONYEMA, CEO OF NSE WAS RE-ELECTED AS PRESIDENT ASEA

The Secretariat of the Africa Security Exchanges Association (ASEA) conference held in Rwanda at Serena Kigali hotel ended today. It started on November 27th, 2016. This conference was the 20th one and Osca Onyema says the next conference will take place in Egypt next year.

Mr. Oscar Onyema OON, CEO of the Nigerian Stock Exchange (NSE) who is the incumbent president of the Association was re-elected for another 2-year periods. Many congratulating messages is on twitter on his re-election. Also, the Association re-elected Mr. Karim Hajji, CEO, Casablanca Stock Exchange as the Deputy President.

Commenting on his appointment, Mr. Oscar said “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”.

“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”, sad the Deputy President.

The theme of the. Conference was The Road to 2013: Making The African Capital Market Relevant to the Real Economy. The Welcome remark was addressed by the Minister of Finance and Economic Planning in Rwanda Hon. Claver Gatete. The Prime Minister, Murekezi Anastase was also present in the conference. On addressing the participant, The Prime Minister says “ASEA provides a forum for its participants to collaborate and share best practices among them themselves.”

“There’s huge importance of stock markets in developing African countries,” he said. He also commends all present in the conference.

Other aspects discussed in the 3-day conference include: unlocking & protecting real value for our domestic markets in the wake of International market and deepening domestic debt & Equity issuances: Role of sovereign, large Domestic corporate and multinationals companies.

The CEO of Rwanda Stock Exchange (RSE), Rwabukumba Celestin summarizes the outcomes of the conference in 3 words:Innovate, Educate & advocate.

The seasoned speakers who gave their speech on the conference include: Mrs. Nonkululeko Nyembezi-Heita, the Chairlady of the JSE, Mr. Tonye Cole, Founder of Sahara Group, Ms. Staci Warden, Executive Director, Milken Institute and Chair of Capital Market Authority (CMA) Rwanda, Sandy Frucher, Vice Chairman of Nasdaq and Mr. Paul Muthaura, CEO CMA Kenya, among others.

ASEA has it headquarter in Kenya.