The Nairobi Securities Exchange (NSE) has appointed Frank Mwiti as the new CEO following the exit of Geoffrey Odundo.
In the notice to shareholders Tuesday, the Nairobi bourse says Mwiti will take office effective May 2 following regulatory approvals.
"Following the competition of Mr Odundo's tenure, the board of NSE is pleased to announce the appointment of Mr Frank Mwiti as the new CEO effective May 2, subject to regulatory approvals by the Capital Markets Authority (CMA)," the Board's notice reads.
"The appointment follows a comprehensive and rigorous recruitment process."
Odundo's nine-year tenure ends on March 1.
He is credited for transforming NSE into a world-class exchange
