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Zimbabwe Stock Exchange chairperson Eve Gadzikwa has stepped down from the board after the expiry of her four-year term on the 9th of this month. In her farewell letter, Gadzikwa said that she was gratified to leave the exchange after it achieved a number of milestones during her term of office. These included automation of the ZSE trading platform, formulation of new listing rules, setting up the central securities depository, developing framework alternative bourse for SMEs and process of demutualisation of ZSE.

She has also overseen the launch of ZSE data portal, purchase, refurbishment and occupation of property in Ballantyne Park, development of framework for bond market, development of new robust strategic plan, annual business plan and strong corporate governance culture among other successes.

“It’s my strong conviction that with this solid foundation, the ZSE is poised to grow into a formidable national and regional force offering value adding products and services, which contribute to economic development of Zimbabwe and beyond,” she said.

Gadzikwa said the ZSE stakeholders and listed companies will benefit from a more stable and mature organisation given its dedicated staff and strong board despite the challenging conditions prevailing across the economy.

“I leave the ZSE with confidence that the organisation is stronger, more resilient, sustainable and potentially more profitable given its bright future,” she said. — BH24.