Smart Money – JSE CEO Leila Fourie on innovation and her journey to the top

Smart Money - Leila Fourie

JSE CEO Leila Fourie is one of South Africa’s captains of industry with a wealth of local and international experience in the financial sector.

For 25 years, she has been a key player in the financial services sectors, including banking, capital markets, and payments.

Before taking the reigns at the Johannesburg Stock Exchange (JSE), she served as an executive at numerous prominent institutions.

Fourie was the executive responsible for Consumer Finance at Australia’s largest bank, The Commonwealth Bank of Australia.

She also served as the NSW vice president of the Economic Society of Australia and on the Board Audit Committee of Lifeline Australia.

Before moving to Australia, Fourie served on the board of the Johannesburg Stock Exchange as an executive director.

She previously worked for one of South Africa’s largest banks, Standard Bank, as card division managing director.

During this time, she served as chairman of the board of Diners Club and as a board member on Discover’s Chicago-based Diners Club International advisory board.

Fourie has a PhD in economic and financial sciences and won the Economic Society South Africa Founders’ Award in 2012 for the best Masters Economics thesis in the country.

She was also crowned the Standard Bank Woman of the Year in 2021 and is ranked among the top 100 Women CEOs in Africa by Reset Global People and Advance Media.

The interview

In this Smart Money with Alishia Seckam interview, Fourie discusses how her career path led to her becoming the CEO of the JSE.

Fourie explains why she decided to take on her current role, which required her to return to her native country.

She then discusses the lessons she learned leading the JSE through the pandemic, including returning to basic values and empowering the people around you.

Fourie also unpacks the JSE’s focus on innovation, a key reason behind several of its most significant recent acquisitions.

She discusses the rise in de-listings, which she noted as a global phenomenon, and covers several local unbundlings that have either happened or are expected to happen soon.

Fourie concludes the interview by discussing the local socioeconomic environment, acknowledging challenges while highlighting the resilience of the South African market.

Watch the full interview with Leila Fourie below.


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