Vice-president of the organization since November 2018, Dr Edoh Kossi AMENOUNVE becomes the President of this association as of this April 1, 2020 thanks to the retirement of his predecessor, Karim HAJJI.
Edoh Kossi AMENOUNVE will now be responsible for chairing the Executive Committee of the Association which is made up of the Johannesburg, Casablanca, Ghana, Kenya, Rwanda, Botswana, BRVM and BVMAC stock exchanges. As such, he will pilot the major projects underway, in particular the implementation of the African Exchanges Linkage Project (AELP) integration project, the conduct of high-level discussions of African stock exchanges with the Commission African Union for a pan-African stock exchange, advocating for depth and liquidity on the African markets, notably through privatizations and capacity building for ecosystem players. He will also be responsible for coordinating the actions of the African stock exchanges in the face of the coronavirus pandemic (COVID-19) as well as the execution of the post-crisis strategy of the African capital markets for the revival of the continent’s economies.
Edoh Kossi AMENOUNVE holds a PhD from the Laval University of Canada and has a long career of more than 23 years in the capital markets successively as Managing Director of a Management and Intermediation Company (SGI) , President of an Asset Management Company, Secretary General of the WAEMU Regional Financial Market Regulatory Authority and Director General of the Regional Stock Exchange (BRVM), partner of the Africa Expansion Forum, and the Central Depository / Settlement Bank (DC / BR). He has been elected member of the Executive Committee of ASEA since 2014. This great career and his responsibilities clearly show the successful course of Dr Edoh Kossi AMENOUNVE who was also named African Financier of the Year 2019. ASEA it is US $ 1,535 billion in market capitalization and 65% of Africa’s GDP as of December 31, 2019.
About ASEA
The Association of African Stock Exchanges (ASEA) has 25 stock exchanges. It aims to develop exchanges between its members, improve the international competitiveness of its members and provide a platform for networking and the exchange of information. Established in 1993, ASEA works to develop the potential of African capital markets. Its vision is to enable the African stock exchanges to be key players in the economic and social transformation of Africa by 2025. ASEA constitutes a forum for communication, the exchange of information , cooperation and technical assistance among its members, in order to facilitate the process of financial integration for the effective mobilization of capital to accelerate the economic development of Africa. ASEA headquarters are located in Nairobi, Kenya. www.african-exchanges.org
About BRVM, partner of Forum Afrique Expansion
Brought to the baptismal font on December 18, 1996 in Cotonou (BENIN), the Regional Stock Exchange (BRVM) is a perfectly integrated electronic stock exchange common to 8 countries in West Africa: Benin, Burkina Faso, Côte d ‘Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo. In addition to equity securities, the BRVM offers the issuance and negotiation of debt securities (bonds). The BRVM offers investors a world-class market environment with state-of-the-art quotation and transaction settlement systems. The BRVM is a member of the Executive Committee of the African Securities Exchanges Association (ASEA). Since November 2016, it has been classified in the frontier market category by the MSCI. www.brvm.orgServic
Posted April 1, 2020 in: Event by Writing
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