New JSE chair appointed

2013-12-11 09:04

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The Johannesburg Stock Exchange (JSE) has appointed a new chairwoman.

Nonkululeko Nyembezi-Heita will take over from the current chairman Humphrey Borkum who has spent 40 years at the JSE, the last 11 years as chairman, Business Day reported today.

Nyembezi-Heita will take over her new position in March next year after the JSE’s annual general meeting of shareholders.

“I wish her (Nyembezi-Heita) well in her new position,” said former JSE chief executive officer Russell Loubser.

Nyembezi-Heita is currently the chief executive officer of ArcelorMittal South Africa.

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