Tapfumaneyi retains CoSSE Chairmanship

STAFF WRITER
Financial Securities Exchange (FINSEC) CEO Collen Tapfumaneyi has been unanimously re-elected as chairperson of the Committee of SADC Stock Exchanges (CoSSE).
The election took place during the organisation’s 68th Bi-Annual Meeting, held in Flic en Flac, Mauritius, where regional financial leaders gathered to advance capital market integration across Southern Africa.
Alongside him, Pedro Frederico Cossa, CEO of the Mozambique Stock Exchange (BVM), was elected as the new Vice-Chairperson.
Both leaders will steer the regional body for a two-year term concluding in June 2028.
Expressing gratitude for his re-election, Tapfumaneyi characterised the vote of confidence as a unified mandate for regional transformation.
“I am deeply honoured and humbled by the confidence and trust placed in me by members through my re-election as Chairperson of CoSSE,” he stated.
“This re-election is essentially a collective mandate for us to continue advancing the important work of strengthening SADC capital markets, accelerating interconnectivity, promoting financial inclusion, innovation, sustainable finance, and positioning our region as a globally competitive investment destination”.
The bi-annual gathering, hosted by the Stock Exchange of Mauritius from May 14–15, 2026, occurred at a critical juncture for cross-border financial architectures. Delegates focused heavily on the SADC Interconnectivity Project and wider regulatory harmonisation.
In pursuit of deep-tier collaboration, CoSSE convened strategic dialogues with critical regional substructures, specifically the Committee of Central Bank Governors (CCBG) and the Committee of Insurance, Securities and Non-Banking Financial Authorities (CISNA).
These engagements signaled a critical transition from policy formation to active implementation, focusing on developing robust secondary bond markets, establishing uniform Environmental, Social, and Governance (ESG) frameworks, and closing country-level execution gaps.
Beyond mapping future integration, the meeting served as a milestone for institutional governance and legacy recognition.
CoSSE delegates formally recognised and bid farewell to Sunil Benimadhu, the outgoing CEO of the Stock Exchange of Mauritius and past Chairman of CoSSE, honoring his distinguished service and outstanding contributions to continental capital market integration ahead of his retirement.
Representing 14 stock exchanges across 13 SADC member states, CoSSE concluded the proceedings by reaffirming its long-term commitment to enhancing market efficiency and fostering robust stakeholder engagement.
Under Tapfumaneyi’s renewed leadership, the committee remains positioned to accelerate strategic regional initiatives, ensuring Southern African capital markets achieve global competitiveness.