Dar es Salaam Stock Exchange gets new boss

DAR ES SALAAM, TANZANIA – The governing board of the Dar es Salaam Stock Exchange (DSE) has appointed Moremi Marwa, to be the new Chief Executive Officer of DSE following the resignation of Gabraiel Kitua earlier this year.
Moremi, 37 is the currently the Chief Executive Officer for Tanzania Securities Limted (TSL), a securities brokerage, investment advisory and investment management firm licensed by the Capital Markets and Securities Authority.
HE joins the bourse mid this month.
DSE said in a statement last week that, Moremi has a significant corporate finance and investment advisory experience and has worked with a number of major clients both in the public and private sectors.
He was a Senior Manager in Ernst & Young’s Transaction Advisory Services and before that he worked with Deloitte in Corporate Finance as a Business Analyst.
During his tenor at Ernst & Young and Deloitte & Touché, Moremi managed and led a variety of assignments that have included corporate finance structuring, capital raising, transactions support, syndicated loans structuring and reviews, valuations and financial modeling, investment advisory, feasibility studies and business plans.
He was also worked in the banking sector for over three years with Barclays Bank and Bank of Africa before he joined Deloitte & Touché in Corporate Finance Services.
Moremi is a Certified Public Accountant (CPA), he holds a Masters of Business Administration in Finance (MBA) and a Bachelor of Commerce (B.Com) in Accounting.
He also holds the ACI (Financial Markets Association) Treasury Operations Certificate. He is licenced by the Capital Markets & Securities Authority as Authorized Dealers Representative and Authorized Investment Adviser. He is also the board member of DSE.

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