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Loubser to stand down as JSE CEO

Mar 15 2011 14:18 I-Net Bridge

Company Data

Jse Ltd [JSE : JSE]

Last traded R73.36
Change R-0.15
% Change -0.20%
Cumulative volume 411,779
Market cap R6.37bn

Last Updated: 25/05/2012 at 19:32. Prices are delayed by 15 minutes. Source: McGregor BFA

 

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Johannesburg - Russell Loubser will stand down as the JSE's CEO with effect from 31 December 2011.

In a statement on Tuesday, the JSE Ltd [JSE:JSE] said that Nicky Newton-King, currently deputy chief executive, would become CEO with effect from 1 January 2012.

Loubser joined the JSE as CEO in 1997.

"This is not the time to praise or thank Russell for his enormous contribution as he still has nine months left before leaving the JSE. The time for farewells will come later," s JSE non-executive chairman Humphrey Borkum said.

 
 
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