Tiaan Bazuin appointed as Chief Executive Officer of the Namibian Stock Exchange, effective 1 January 2013

The Chairman of the Namibian Stock Exchange, Sebby Kankondi on Thursday 25 October 2012 announced that the Board of the NSX has appointed Tiaan Bazuin as Chief Executive Officer with effect from 1 January 2013.

Tiaan, who joined the NSX in 2011 as Listings Manager, was identified as a potential CEO during the recruitment process for a successor to John Mandy, who had reached the NSX retirement age.

Tiaan Bazuin holds a B.Comm (Economics) and LLB (Law) from the University of North West and was admitted as a Legal Practitioner in the High Court of Namibia in 2006. He has broad experience in regulatory compliance, finance and business development having previously worked as Corporate Banker, Company Secretary and Chief Legal Officer.

Tiaan expressed his appreciation for the responsibility the Board has entrusted him with and to John Mandy under whose tutelage he has been working at the NSX. In terms of the orderly handover process John will be retiring at the end of May 2013.

Commenting on the future of the NSX, Bazuin said “The Exchange is at a cross roads with high expectations from Government in terms of the Financial Sector Strategy. My goal is to continue the good work the NSX has been doing in maintaining a world class regulatory regime and to deepen the capital markets through various new products and services we have been developing with the cooperation of our Regulator (NAMFISA) and other market participants. ”