The Board of Directors of the Nairobi Securities  Exchange has appointed Mr. Andrew Wachira as the Acting Chief Executive of the Exchange effective today. This follows the exit of Mr. Peter Mwangi as the Chief Executive on September  30, 2014. Mr Mwangi will be heading to Old Mutual Kenya to serve as the CEO. Prior to joining the NSE in 2008 Mr Mwangi was the managing director of Centum Investments.

Mr. Wachira has over 10 years’ experience at the  Exchange. He has been the Head of Compliance and Legal Department, NSE since 2009. Mr. Wachira is a  lawyer by profession and holds a Bachelor of Law  Degree from the University of Nairobi and is an  Advocate of the High Court of Kenya. He is a member  of the Law Society of Kenya.

The NSE through its recruitment agent KPMG Kenya placed an advert in the papers on September 21st inviting applicants for the position of CEO.