Rwanda Stock Exchange CEO Rwabukumba elected as Vice President of ASEA

Rwanda Stock Exchange Chief Executive Officer(CEO), Mr. Pierre Celestin Rwabukumba has been  elected  at  the  Vice  Presidency  of  the  African  Securities  Exchanges  Association (ASEA) at the Executive Committee meeting held in Abidjan, Ivory Coast.

Commenting on his appointment, Mr. Pierre Celestin Rwabukumba said: “I thank my colleagues for the  vote of confidence for me and my team I shall serve with  utmost energy  and  dedication  picking  up  from  where  the  outgoing  leadership  left  off  and promise to work  hard to bring our markets to greater heights again as I believe our markets stand to benefit our continent and bring about true and fair democratization in wealth and capital formation for our countries, and united we will”.

Pierre Celestin Rwabukumba is the current Chairman of the East African Securities Exchanges Association (EASEA) and Chief Executive Officer of the Rwanda Stock Exchange Ltd and has been serving on the Executive Committee of the African Securities Exchanges Association (ASEA) where he has been chairing the Market Development Committee.

RSE Board and management wish Mr. Pierre Celestin Rwabukumba all the best in his new role as the Vice President of ASEA.

The  Rwanda  Stock  Exchange(RSE)  Limited  was  incorporated  on  7th  October  2005  with  the

objective  of  carrying  out  stock  market  operations.  The  Stock  Exchange  was demutualized from the start as it was registered as a company limited by shares.  The Company  was  officially  launched  on  31st   January 2011.

The African Securities Exchanges Association(ASEA) is the Premier Association of the twenty-five  (26)  securities  exchanges  in  Africa  who  have  come  together  with  the  aim  of developing Member  Exchanges  and  providing  a  platform  for  networking.  ASEA  was established in  1993 and works  closely with  its members  to  unlock the potential  of the African  Capital  Markets,  Vision  To  enable  African  Securities  Exchanges  to  be  key significant drivers of the economic and societal transformation of the year 2025. Mission of ASEA is to provide a forum for mutual communication, exchange of information, co-operation, and  technical  assistance  among  its  members,  to  facilitate  the  process  of  financial integration  within  the  region  for  the  effective  mobilization  of  capital  to  accelerate economic  development  of  Africa.  (End)