Kenya: NSE appoints Frank Mwiti as new CEO
Frank Mwiti, Eastern Africa Markets Lead & Partner at Ernst & Young, will assume the role of Chief Executive Officer (CEO) at the Nairobi Securities Exchange (NSE), succeeding Geoffrey Odundo.
Odundo’s nine-year term will conclude on March 1, 2024.
Prior to joining Ernst & Young, Mwiti has held positions at PwC, EY-Parthenon, Deutsche Bank, and Afrika Kapital.
Mwiti will commence his role on May 2, 2024.
“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 in a public notice about the appointment.
During the interim period between Odundo’s retirement and Mwiti’s commencement, David Wainaina, the current COO of NSE, has been appointed as the acting CEO.
“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.
Related Posts
Africa50 Appoints Djalal Khimdjee as new CEO, Principal Investment Fund
Africa50, the pan-African infrastructure investment platform, has appointed Djalal Khimdjee as Chief Executive Officer of its Africa50 Principal Investment Fund (formerly Africa50…
By
New: KenGen Green Energy Park Attracts Sixth Investor in Naivasha
Kenya Electricity Generating Company (KenGen) has welcomed a sixth investor to its Green Energy Park in Naivasha, reinforcing the facility’s…
Coronation Merchant Bank Appoints New CEO
Coronation Merchant Bank has appointed Obeahon Ohiwerei as its new Managing Director and Chief Executive Officer following a no-objection approval…
BUA Foods Eyes Market Leadership with new Multi-Billion Expansion Programme
BUA Foods has unveiled the largest investment programme in its history as it seeks to become Nigeria’s biggest…
Gallery
