Johannesburg Stock Exchange announces new CEO
Leila Fourie will retire as CEO of the JSE next year.
** For the best experience, download the free Africa Private Equity News app Android | iOS **
Valdene Reddy has been appointed chief executive of the Johannesburg Stock Exchange (JSE), effective 1 April 2026.
Reddy, currently the JSE’s director of capital markets, will succeed Leila Fourie, who steps down on 31 March 2026.
Phuthuma Nhleko, JSE chairman noted: “Leila has led the JSE with strategic clarity and an unwavering commitment to transformation. Her tenure has been marked by innovation, operational resilience and a deep sense of purpose. Under her leadership, the JSE has delivered a robust financial performance and has become a more inclusive, collegiate and future-fit institution. On behalf of the board, I extend our heartfelt gratitude to Leila for her exceptional stewardship and the enduring legacy she leaves behind.”
“It is an honour to be appointed as group CEO, and I am delighted to lead this institution into its next chapter,” said Reddy. “My focus will be on accelerating innovation and enhancing our competitiveness through ongoing strategic transformation. I look forward to working with our talented team and valued partners to unlock new opportunities for growth and impact.”
Outgoing CEO Leila Fourie commented: “It has been a privilege to lead the JSE, a national institution that plays such a critical role in directing capital towards growth and opportunity across our economy. I have sought to channel that purpose and sense of stewardship during my tenure. I am indebted to my executive team and to all our staff for their commitment to the JSE’s success and for their contributions to building better markets. I would like to thank all our market participants and regulators for their trust and engagement, and Phuthuma and the JSE board for their unstinting support and counsel.
Want to know who is raising, investing, and exiting in Africa? Get Africa Private Equity News’ monthly Dealmaker’s Log – a database of reported investment deals, exits, and fundraising closes. Subscribe now