<\/p>\n

Nairobi, Kenya, March 21st 2022<\/strong> – EABX Public Limited Company (EABX), a newly incorporated public a limited company whose purpose is to establish and operate an over-the-counter securities exchange
\n(OTC Exchange), today announced that Terrence Adembesa has been named Chief Executive Officer
\ncommencing March 2022.<\/p>\n

Terrence has more than 15 years of senior management experience including over a decade in the
\ndevelopment and commercialization of capital markets and products, most recently as Chief Business
\nOfficer at the Nairobi Securities Exchange (NSE).<\/p>\n

\u2018We are very pleased to have Terrence join us and we know he is the right leader for EABX,\u2019 said Kihara
\nMaina, EABX\u2019s Chairman of the Board. \u201cHe brings to the Company the right mix of experience, skills, and mindset to launch the Exchange and drive the growth we foresee for the company in the region’s
\nfast-developing Financial Markets.<\/p>\n

\u2018I am very excited to be joining the EABX team,\u2019 said Terrence Adembesa. As the industry evolves
\nthrough new technologies and client demands, I believe that the establishment of EABX provides a
\nuniquethe\u00a0 proposition for a new market utility to address the growing financial infrastructure needs of a
\ndeveloping East African regional economy.<\/p>\n

,
\nTerrence was responsible for the strategic direction, growth, and diversification of annual revenues,
\nhaving led the development of the Derivatives Market – NeXT, the Growth Enterprise Market Segment
\n(GEMS) the Real Estate Investment Trusts (REITs), the Exchange Traded Funds (ETFs), and, the FTSE
\nInternational Index Series at the NSE. Before joining the NSE, Terrence had held positions at Enablis
\nand at the Co-operative Bank (K).<\/p>\n

Terrence received a Postgraduate Certificate in Mechanics of Derivatives and Financial Products from
\nMiddlesex University, a BBA with Honors in Management from the University of Eastern Africa \u2013
\nBaraton and a Global Executive MBA from the United States International University in conjunction
\nwith the Frankfurt School of Finance and Management. He is a Member of the Institute of Certified
\nInvestment and Financial Analysts (K) and a Member of the Chartered Institute for Securities and
\nInvestments (UK).<\/p>\n

About The EABX<\/strong><\/em><\/p>\n

EABX Public Limited Company (EABX) is a newly incorporated company whose purpose is to establish
\nand operate an over-the-counter securities exchange. As a market organizer, EABX will serve the dual
\nroles of a self-regulatory organization, providing frontline regulation of market conduct, and provision
\nof a trading and trade reporting platform that will enhance transparency, safety, liquidity, and the
\ndeepening of the domestic debt market. EABX is sponsored by the Kenya Bankers Association (KBA)
\nand the National Treasury, Kenya with technical support of FSD Africa.<\/p>\n<\/span>","protected":false},"excerpt":{"rendered":"

Nairobi, Kenya, March 21st 2022 – EABX Public Limited Company (EABX), a newly incorporated public a limited company whose purpose is to establish and operate an over-the-counter securities exchange (OTC Exchange), today announced that Terrence Adembesa has been named Chief Executive Officer commencing March 2022. Terrence has more than 15 years of senior management experience […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3,154],"tags":[],"class_list":["post-3767","post","type-post","status-publish","format-standard","hentry","category-business","category-popular-news","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.kenyaleo.co.ke\/wp-json\/wp\/v2\/posts\/3767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kenyaleo.co.ke\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kenyaleo.co.ke\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kenyaleo.co.ke\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kenyaleo.co.ke\/wp-json\/wp\/v2\/comments?post=3767"}],"version-history":[{"count":1,"href":"https:\/\/www.kenyaleo.co.ke\/wp-json\/wp\/v2\/posts\/3767\/revisions"}],"predecessor-version":[{"id":3769,"href":"https:\/\/www.kenyaleo.co.ke\/wp-json\/wp\/v2\/posts\/3767\/revisions\/3769"}],"wp:attachment":[{"href":"https:\/\/www.kenyaleo.co.ke\/wp-json\/wp\/v2\/media?parent=3767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kenyaleo.co.ke\/wp-json\/wp\/v2\/categories?post=3767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kenyaleo.co.ke\/wp-json\/wp\/v2\/tags?post=3767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}