The Dar es Salaam Stock Exchange (DSE) has started the hunt for a new Chief Executive Officer following the end of a nine-year tenure of former chief Moremi Marwa a few months ago.
The bourse e has invited applications from candidates having strong stock exchange knowledge with 10 years’ experience at senior managerial level in a large private or public sector organization for the role of the top post before August 14, according to a public notice yesterday.
The CEO will be responsible for leading the Exchange in its mission to support sustainable security exchange that promotes economic growth in Tanzania, providing responsive security exchange through development of variety of cost-effective products and services, re-engineering business models, planning and formulating new development policies and managing day-to-day operations of the Exchange.
He or she will be responsible strategy formulation and execution, operational efficiency business growth, governance and risk management among other duties.
He will replace Moremi Marwa how has been at the helm of the bourse since 2013 achieving milestones like establishing a mobile trading platform and increasing the investor base from 250,000in 2013 to 600,000 during Q1, 2022.
The DSE in Mid-March appointed Moremi Marwa the bourse’s Chief Executive Officer, becoming the first stockbroker to manage the stock market.
He replaces Gabriel Kitua who resigned earlier in 2013.
