BY PHUMELELE MKHONTA
MBABANE – Eswatini continues taking its global space.
Recently, it has been revealed that Eswatini Stock Exchange (ESE) Head Joyce M. Dlamini is part of the newly-elected executive committee member of the African Securities Exchanges Association (ASEA) effective December 7, 2022.
Her election to the high office occurred during the ASEA 2022 Annual General Meeting (AGM) and Annual Conference which took place in Abidjan, Core d’Ivoire from December 7 to December 9, 2022.
This is according to Business and Financial Times website.
The female leader of ESE was also joined on the executive committee by the heads of four stock exchanges across the continent Thapelo Tsheole, Chief Executive Officer (CEO), Botswana Stock Exchange, who was named as the Association’s incumbent President following the retirement of Dr Edoh Kossi Amenouve and Celestine Rwabukumba, the CEO of the Rwanda Stock Exchange.
Others are Temi Popoola, CEO, Nigeria Exchange Limited and Abena Amoah, Managing Director for Ghana Stock Exchange (GSE).
The move will see her bring to the table over two decades of capital market experience as she takes critical decisions on behalf of ASEA, which serves as the premier association of the 26 securities exchanges in Africa, across 37 countries. Cumulatively, these exchanges have more than 1 100 listed companies and a market capitalisation in the region of US$2trillion.
Effort to get comment from the ESE Head proved to be futile by the time this article was being compiled.
Joyce Mhlobiso Dlamini joined the Exchange in July 2015 and currently occupies the position of Head of Eswatini Stock Exchange, where she is responsible for all its operations among which include driving the sweeping changes at the ESE, such as the automation of its trading platform, amending legislation to comply with the automated trading environment, introducing more products such as ETFs, driving the Exchange demutualisation process, among others. She is described to be passionate about her job and her vision for the ESE is to make it a destination exchange in Africa regardless of its size by increasing both its depth (attracting more listings) and breadth (adding more diversified products).
Joyce’s professional career spans over 24 years with 19 years spent in the financial services sector and five years in academia. She has worked for First National Bank (FNB) Eswatini, Central Bank of Eswatini (CBE), University of Eswatini and the Eswatini Stock Exchange.
ASEA was established in 1993, and works closely with its embers to unlock the potential of the African capital markets by enabling African securities exchanges to be key significant drivers of the economic and societal transformation.
The association seeks to provide a forum for mutual communication, exchange of information, cooperation and technical assistance among its members to facilitate the process of financial integration within the region for the effective mobilization of capital to accelerate the economic development of Africa.
