Thapelo Tsheole

Last updated

Thapelo Tsheole is a Botswana executive and entrepreneur. He is the chief executive officer of the Botswana Stock Exchange, [1] [2] chairman of Committee of SADC Stock Exchanges [3] [4] and president of the African Securities Exchanges. [5] [6] [7]

Contents

Background

Tsheole was born in Mochudi, Botswana. He attained a Bachelor of Social Sciences from the University of Botswana and a Master of Commerce in Financial Markets from Rhodes University in South Africa. He also holds a Masters Degree in Business Administration from the Graduate School of Business at University of Cape Town and he also studied several financial markets programmes including a Leadership Development Programme at the University of Stellenbosch Business School. [8] [9] [10]

Tsheole began his career in 2003 when he joined the Bank of Botswana as a Dealer in Forex and Money Markets and left in 2007 to join Botswana Stock Exchange where he started as Product Development Manager up to 2014. [11] [12]

Tsheole was appointed deputy CEO of the Botswana Stock Exchange Limited in 2014 then in January 2016 he was appointed CEO. [13] In 2017 he joined the Africa Integrated Reporting Committee, a joint initiative between Pan African Federation of Accountants and World Bank. [14] [15]

In 2020, Tsheole was appointed vice president [16] [17] of the African Securities Exchanges Association then he became president in 2022. [18] [19] In 2023 he was appointed Global PSSL as strategic advisor and reviewer for UN Pathways. [20] He is also a member of The Institute of Financial Markets of South Africa and the Institute of Directors in South Africa.

Tsheole introduced the first Exchanged Traded Funds (ETFs) in Botswana history and in September 2018, he was recognised with the Presidential Order of Meritorious Service which was awarded by the President of the Republic of Botswana. [21] [22] [23]

Positions

Related Research Articles

<span class="mw-page-title-main">Economy of Botswana</span>

The economy of Botswana is currently one of the world's fastest growing economies, averaging about 5% per annum over the past decade. Growth in private sector employment averaged about 10% per annum during the first 30 years of the country's independence. After a period of stagnation at the turn of the 21st century, Botswana's economy registered strong levels of growth, with GDP growth exceeding 6–7% targets. Botswana has been praised by the African Development Bank for sustaining one of the world's longest economic booms. Economic growth since the late 1960s has been on par with some of Asia's largest economies. The government has consistently maintained budget surpluses and has extensive foreign-exchange reserves.

<span class="mw-page-title-main">Southern African Development Community</span> Inter-governmental organization

The Southern African Development Community (SADC) is an inter-governmental organization headquartered in Gaborone, Botswana.

<span class="mw-page-title-main">Bombay Stock Exchange</span> Indian stock exchange in Mumbai

BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange which is located on Dalal Street, known as the Wall Street of Mumbai, in turn described as the New York of India. Established in 1875 by cotton merchant Premchand Roychand, it is the oldest stock exchange in Asia, and also the tenth oldest in the world. The BSE is the world's 7th largest stock exchange with a market capitalization exceeding US$5 trillion as of May 2024.

<span class="mw-page-title-main">Barbados Stock Exchange</span> Stock exchange located in Bridgetown, Barbados

The Barbados Stock Exchange or BSE is Barbados' main stock exchange. Its headquarters are in the capital-city Bridgetown. The body was established in 1987 by the Parliament of Barbados as the Securities Exchange of Barbados (SEB), and remained known as such until August 2, 2001. The unique four symbol alphanumeric Market Identifier Code (MIC) used to identify the BSE as defined under ISO 10383. of the International Organization for Standardization (ISO) is: XBAB.

<span class="mw-page-title-main">Budapest Stock Exchange</span> Stock exchange in Budapest, Hungary

Budapest Stock Exchange(BSE) (Hungarian: Budapesti Értéktőzsde (BÉT)) is the 2nd largest stock exchange in Central and Eastern Europe by market capitalization and liquidity. It is located at 55 Krisztina Boulevard, Budapest, Hungary, in the Buda Centre of the Hungarian National Bank Previously, from 1864, during the Austro-Hungarian Empire it was located in the Budapest Stock Exchange Palace building, until a large trading floor was necessary. The exchange is controlled by listed issuers, by Hungarian private investors and by the central bank. The BSE is member of the World Federation of Exchanges and the Federation of European Securities Exchanges.

<span class="mw-page-title-main">Nairobi Securities Exchange</span> Stock exchange of Nairobi, Kenya

The Nairobi Securities Exchange (NSE) was established in 1954 as the Nairobi Stock Exchange, based in Nairobi the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in British Kenya. The exchange had 66 listed companies in February 2021.

African Securities Exchanges Association (ASEA) is trade association for securities exchanges in Africa headquartered in Nairobi, Kenya. The associations aim is to provide a formal framework for the mutual co-operation of securities exchanges in the African region. Its functions include the exchange of information and assistance in the development of member exchanges.

The Botswana Stock Exchange (BSE) is a stock exchange located in Gaborone, Botswana. The Botswana share market was established in 1989 and became the Botswana Stock Exchange in 1994. It is governed by the Botswana Stock Exchange Act.

<span class="mw-page-title-main">Nigerian Exchange Group</span> Stock exchange located in Lagos, Nigeria

The Nigerian Stock Exchange (NSE), now Nigerian Exchange Group, is a Nigerian stock exchange founded in 1961 in Lagos. As of November 2019, it has a total of 161 listed companies, with 8 domestic companies on the premium board, 144 companies on the mainboard, and 4 on the Alternative Securities Market (ASeM) board. In the Fixed Income market, the NSE has 84 FGN bonds, 21 state bonds, 27 corporate bonds, 1 supranational bond, and 53 memorandum listings.

The Baku Stock Exchange (BSE) is the main stock exchange in Azerbaijan. BSE is organized in the form of a closed joint stock company with 19 shareholders.

Access Bank Botswana, is a commercial bank formerly known as BancABC Botswana, that is headquartered in Gaborone, Botswana. In October 2021, Access Bank Group concluded the acquisition of 78.15 percent shareholding in the stock of the erstwhile BancABC Botswana. The bank subsequently rebranded to its current name to reflect its shareholding. The shares of stock of Access Bank Botswana are traded on the Botswana Stock Exchange, under the symbol: ACCESS. The company shareholding amounting to 21.85 percent that is not controlled by Access Bank Group is free-floating on the BSE.

<span class="mw-page-title-main">Ashish Chauhan</span> Indian business executive and administrator

Ashishkumar Chauhan is an Indian business executive and administrator who is currently the Managing Director (MD) and Chief Executive Officer (CEO) of the National Stock Exchange of India (NSE). A technocrat from IIT Bombay and IIM Calcutta, Ashish was a founding member of NSE. Prior to joining NSE back in 2022, he was the Managing Director and Chief Executive Officer of the Bombay Stock Exchange (BSE) for 10 years. He is also the Chancellor of University of Allahabad and serves as a member of Governing Council of one of the premier B-Schools in India - IIM Calcutta. Ashish is best known as the father of modern financial derivatives in India, and is considered one of the foremost experts in financial market policies, Information technology, organized retail, telecommunications, cricket and Indian social issues. Ashish has been awarded Lifetime Achievement Award by Global Custodian

<span class="mw-page-title-main">Financial Services Board (South Africa)</span> Financial regulatory authority

The Financial Services Board (FSB) was the government of South Africa's financial regulatory agency responsible for the non-banking financial services industry in South Africa from 1990 to 2018. On the 1 April 2018 its responsibilities were split into two new agencies the Financial Sector Conduct Authority (FSCA) for conduct regulation and the Prudential Authority (PA) for prudential regulation.

<span class="mw-page-title-main">Sunil Benimadhu</span>

Sunil Benimadhu is the Chief Executive of the Stock Exchange of Mauritius (SEM). He has spearheaded the project to enable the SEM join the World Federation of Exchanges, a key standard-setter in the stock exchange industry. Benimadhu was elected President of the African Securities Exchanges Association (ASEA) on the August 30, 2010. He was a member of the Executive Committee of the South Asian Federation of Exchanges (SAFE), and the Chairman of the Committee of SADC Stock Exchanges (CoSSE). Benimadhu is also a regular speaker on emerging markets and on African markets in international stock exchange conferences.

<span class="mw-page-title-main">Oscar N. Onyema</span>

Oscar N. Onyema, is the immediate past Group Chief Executive Officer of Nigerian Exchange Group Plc, an institution that services the largest economy in Africa and champions the development of Africa’s financial markets. Prior to attaining this position, he was the CEO of The Nigerian Stock Exchange (“NSE”) for 10 years. He has widely been recognized as an agent of change in restoring and growing investors’ confidence and advancing Nigeria’s capital markets towards a path of sustainable growth and development. Onyema is the Chairman of two affiliate companies: Central Securities Clearing System Plc (CSCS), the clearing, settlement, and depository for the Nigerian capital market; and NG Clearing Limited, which is the premier Central Counter Party Clearing House (CCP) in Nigeria. He serves on several other boards and committees domestically and internationally including the Pension Commission of Nigeria (PENCOM), London Stock Exchange Group (LSEG) Africa Advisory Group (LAAG), and Membership Committee of the WFE. He served for over 20 years in United States financial markets and the Nigerian information technology sector.

Choppies Enterprises Limited is a Botswana multinational grocery and general merchandise retailer headquartered in Gaborone, Botswana. The retailer initially sold only food-based goods and other fast-moving consumer goods. The group owns a centralized, in-house distribution network in South Africa, Zimbabwe, Zambia, and Kenya.

<span class="mw-page-title-main">Sustainable Stock Exchanges Initiative</span> United Nations organization

The Sustainable Stock Exchanges (SSE) initiative promoting corporate investment in sustainable development. It is a project of the United Nations (UN) co-organized by the United Nations Conference on Trade and Development (UNCTAD), the United Nations Global Compact, the United Nations Environment Programme Finance Initiative (UNEP-FI) and the UN-supported Principles for Responsible Investment (PRI).

<span class="mw-page-title-main">Letshego</span> A microfinance holding company in Botswana

Letshego Holdings Limited is a microfinance holding company with its headquarters in Gaborone, Botswana and is listed on the Botswana Stock Exchange (BSE). Letshego is a Setswana word meaning “Support”.

Thapelo Letsholo is a Botswana politician and entrepreneur. He is the current elected Member of Parliament for Kanye North constituency as of 2019. He is a member of the Botswana Democratic Party.

References

  1. ↑ "Management Team – Botswana Stock Exchange".
  2. ↑ "Thapelo Tsheole, Botswana Stock Exchange: Profile and Biography". Bloomberg.com.
  3. ↑ "Tsheole reelected chair of Committee of SADC Stock Exchanges". October 20, 2020. Archived from the original on Sep 22, 2021.
  4. ↑ "BSE CEO, MR. THAPELO TSHEOLE, RE-ELECTED CHAIRPERSON OF CoSSE". March 30, 2022.
  5. ↑ "Thapelo Tsheole - Africa Business Convention". December 31, 2022.
  6. ↑ "Mr. Thapelo Tsheole Named The Incumbent President Of ASEA Following Dr. Edoh Kossi Amenouve's Retirement". mondovisione.com.
  7. ↑ "BSE CEO Thapelo Tsheole on what makes the bourse attractive to UAE investors - CNBC Africa". www.cnbcafrica.com.
  8. ↑ "Thapelo Tsheole". UCT GSB Ideas Exchange.
  9. ↑ "UCT alumnus rides high". www.ru.ac.za. August 27, 2013.
  10. ↑ "Botswana Stock Exchange appoints UCT GSB graduate | MBA.co.za". www.mba.co.za.
  11. ↑ "Thapelo Tsheole, CEO of Botswana Stock Exchange". The CEO Magazine.
  12. ↑ "Thapelo Tsheole: Revitalizing Botswana's Stock Market". February 9, 2017.
  13. ↑ "Mr. Thapelo Tsheole | World Investment Forum". worldinvestmentforum.unctad.org.
  14. ↑ "Mr. Thapelo Tsheole, Chief Executive Officer, Botswana Stock Exchange Limited (BSEL) Named InstinctBusiness "CEO OF THE WEEK" - Instinct Business Magazine". October 17, 2022.
  15. ↑ "Tsheole urges companies to invest in 'attractive' Botswana". February 25, 2022.
  16. ↑ "BSE CEO, THAPELO TSHEOLE RE-ELECTED VICE PRESIDENT OF AFRICAN SECURITIES EXCHANGES ASSOCIATION". November 24, 2021.
  17. ↑ Adamson, Kabelo (December 8, 2020). "Tsheole's stock on the rise » TheVoiceBW".
  18. ↑ REPORTER, BG (December 8, 2022). "Tsheole elected President of ASEA". Guardian Sun.
  19. ↑ "Mr. Thapelo Tsheole - African Securities Exchanges Association". November 19, 2020.
  20. ↑ SFT, Securities Finance Times reporter. "Global PSSL appoints Thapelo Tsheole as strategic advisor". www.securitiesfinancetimes.com.
  21. ↑ "Facebook". www.facebook.com.
  22. ↑ "Tsheole, To Be Awarded The Presidential Order Of Meritorious Service". Mmegi Online. April 30, 2018.
  23. ↑ "AFSIC - Investing in Africa". AFSIC 2024 - Investing in Africa. Retrieved 2023-12-22.
  24. ↑ "ACHAP 2017 Annual Report" (PDF). ACHAP. 2017.
  25. ↑ "BAOA Annual Report 2016" (PDF). Botswana Accountancy Oversight Authority. 2016.
  26. ↑ "Market Report". www.thetswanatimes.co.bw.
  27. ↑ "BWgovernment - MAN CRUSH MONDAY Our man crush Monday today is Mr Thapelo Tsheole, the Chief Executive Officer (CEO) of the Botswana Stock Exchange. Mr Tsheole is a seasoned Financial Markets expert who has worked for the Central Bank of Botswana before joining the Botswana Stock Exchange. An awardee of the 2018 Presidential Order of Meritorious Service by His Excellency the President of the Republic of Botswana Mr Tsheole is committed to the development of the financial market in Botswana and Africa. Mr Tsheole is the Chairman of the Committee of SADC Stock Exchanges (CoSSE), and an Executive Committee member of the African Securities Exchanges Association (ASEA). He also sits on the following Boards; Botswana Accountancy Oversight Authority, Medicines Regulatory Authority of Botswana, and Special Economic Zones Authority (SEZA) where he is the Chairman. Mr Tsheole also serves as a member of Africa Integrated Reporting Committee (AIRC), a joint initiative between Pan African Federation of Accountants (PAFA) and World Bank since July, 2017. Source: afsic.net Photo: Botswana Stock Exchange | Facebook". www.facebook.com.
  28. ↑ "BSE Cushions Local Markets" (PDF). Republic of Botswana Presidential (COVID-19) Task Force Bulletin. 9 June 2020.
  29. ↑ "African Development Bank, African Securities Exchanges Association sign agreement for $600,000 grant to expand network of linked African stock exchanges to 15 | African Development Bank Group".
  30. ↑ "Botswana Stock Exchange hosts the 23rd Annual African Securities Exchanges Association (ASEA) Conference | The World Federation of Exchanges". focus.world-exchanges.org.
  31. ↑ "SEZA board tours Pandamatenga Special Economic Zone » TheVoiceBW". December 15, 2020.
  32. ↑ "AEZO Newsletter No. 08-2020-74" (PDF). Africa Economic Zones Organization. Dec 3, 2020.
  33. ↑ Gasennelwe, Utlwanang (2017-09-03). "Thapelo Tsheole may head BEAC". Weekend Post. Retrieved 2023-12-22.
  34. ↑ "Botswana's Thapelo Tsheole Re-elected CoSSE Chair - News Central TV | Latest Breaking News Across Africa, Daily News in Nigeria, South Africa, Ghana, Kenya and Egypt Today". October 21, 2020.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.