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Home Business

ESE appoints Simanga Mdluli as new CEO

Adekunle Owolabi by Adekunle Owolabi
November 14, 2025
in Business, News
Reading Time: 2 mins read
0
Simanga Mdluli has been appointed as the new chief executive officer of the Eswatini Stock Exchange. Photo credit: ESE

Simanga Mdluli has been appointed as the new chief executive officer of the Eswatini Stock Exchange. Photo credit: ESE

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Mbabane – The Eswatini Stock Exchange has confirmed the appointment of Simanga Mdluli as its new chief executive officer, a development announced this week in Mbabane as the institution moves to strengthen leadership and expand the country’s capital markets.

The Board stated that the appointment comes at a time when the Exchange is pursuing wider investor participation, improved regulatory confidence and greater contribution to national economic growth through a transparent and well governed trading environment.

Mdluli joins the Exchange with more than 18 years of experience in the financial services sector. Before taking up the top post, he served as Head of Investment Strategy and Portfolio Management at Umelusi Fund Managers, one of the fast growing asset management firms in Eswatini. His background spans financial markets regulation, corporate finance, investment strategy and policy development.

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He holds an MBA from the Keller Graduate School of Management of DeVry University in the United States, along with two professional certifications in Investment Management Administration and Client Servicing from the University of Cape Town and the ASISA Academy. He is known in the sector for his work supporting innovation, stability and collaboration across financial institutions.

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According to the statement, his leadership is expected to drive operational improvements, deepen capital market development and elevate the Exchange’s presence within regional investment circles. Under his direction, the ESE will continue implementing its strategy aligned with the national agenda for financial sector development, including efforts to widen investor access and strengthen participation within the Southern African Development Community financial markets.

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The Board expressed confidence that Mdluli will guide the Exchange into a new phase of growth, improved governance and market advancement, thanking stakeholders for their continued support as the institution enters this next chapter.

Adekunle Owolabi

Adekunle Owolabi

Adekunle Owolabi is a journalist, political analyst, and digital strategist with experience across Africa and the Middle East. He focuses on international diplomacy, promotes digital inclusion, and advocates for a borderless Africa.

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