The Nairobi Securities Exchange (NSE) has petitioned the Capital Markets Authority (CMA) to amend regulations that impose term limits for its CEO and allow the bourse to extend the tenure of its current boss, Geoffrey Odundo, beyond March next year.
Business Daily has established that the board of the Nairobi bourse has submitted a request to the regulator seeking approvals extending the terms of Mr Odundo and the chairman, Kiprono Kittony.
