Nicky Newton-King (born 1966) is a corporate finance and securities regulation lawyer and was the first woman

Chief Executive Officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

in the 125-year history of the

Johannesburg Stock exchange JSE Limited (previously the JSE Securities Exchange and the Johannesburg Stock Exchange) is the largest stock exchange in Africa. It is located in Sandton, Johannesburg, South Africa, after it moved from downtown Johannesburg in 2000. In 2003 ...

(JSE).

Education and career

Newton-King attended

Stellenbosch University Stellenbosch University ( af, Universiteit Stellenbosch) is a public research university situated in Stellenbosch, a town in the Western Cape province of South Africa. Stellenbosch is the oldest university in South Africa and the oldest extant ...

where she completed her BA and

LLB Bachelor of Laws ( la, Legum Baccalaureus; LL.B.) is an undergraduate law degree in the United Kingdom and most common law jurisdictions. Bachelor of Laws is also the name of the law degree awarded by universities in the China, People's Republic ...

. She attained an

LLM A Master of Laws (M.L. or LL.M.; Latin: ' or ') is an advanced postgraduate academic degree, pursued by those either holding an undergraduate academic law degree, a professional law degree, or an undergraduate degree in a related subject. In mos ...

(''first class honours'') specialising in

corporate finance Corporate finance is the area of finance that deals with the sources of funding, the capital structure of corporations, the actions that managers take to increase the Value investing, value of the firm to the shareholders, and the tools and anal ...

, securities regulation and administrative law at the

University of Cambridge , mottoeng = Literal: From here, light and sacred draughts. Non literal: From this place, we gain enlightenment and precious knowledge. , established = , other_name = The Chancellor, Masters and Schola ...

, England in 1994. While at Cambridge,

Queens' College Queens' College is a constituent college of the University of Cambridge. Queens' is one of the oldest colleges of the university, founded in 1448 by Margaret of Anjou. The college spans the River Cam, colloquially referred to as the "light s ...

awarded her a Foundation Scholarship for academic achievement. During her time with Webber Wentzel Bowens Attorneys she advised companies within the securities and financial services industries. Johannesburg Stock Exchange

Newton-King joined the JSE in 1996 and became the executive director of the JSE in 2000. She was appointed to the board of the JSE in 2005 and became CEO of the JSE in January 2012, replacing Russell Loubser. As deputy CEO she was involved in the introduction of affirmative action policies and an employment equity plan at the JSE. She was also responsible for their data vending business and eCommerce initiatives. On 28 October 2014 she became Director of

World Federation of Exchanges The World Federation of Exchanges (WFE), formerly the ''Federation Internationale des Bourses de Valeurs'' (FIBV), or International Federation of Stock Exchanges, is the trade association of publicly regulated stock, futures, and options exchang ...

. She serves as a Member of the Financial Markets Advisory Board and the Presidential Remuneration Commission. She serves as member of the

King King is the title given to a male monarch in a variety of contexts. The female equivalent is queen, which title is also given to the consort of a king. *In the context of prehistory, antiquity and contemporary indigenous peoples, the tit ...

Task Group into

insider trading Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information ...

and the Financial Markets Advisory Board, and helped draft the Insider Trading Act, 1998. This statute provides for compensation for losses suffered as a result of

. Since 2018 she has been a Non-Executive Director of Strate (Pty) Ltd. On 30 July 2019, JSE Chairman

Nonkululeko Nyembezi-Heita Nonkululeko Merina Cheryl Nyembezi, also Nku (born 22 March 1960), is a South African engineer, businesswoman and corporate executive who was appointed Chairperson-designate at Standard Bank Group and Standard Bank of South Africa, on 10 May 2 ...

announced that Newton-King would resign on 1 October 2019. She was replaced as JSE CEO by Leila Fourie, a Commonwealth Bank of Australia executive. Newton-King confirmed that she had retired from the JSE at the final day of the

Gartner Gartner, Inc is a technological research and consulting firm based in Stamford, Connecticut that conducts research on technology and shares this research both through private consulting as well as executive programs and conferences. Its clients ...

Symposium SA on 2 October 2019.

Awards and achievements

* Business Woman of the Year (2003). * World Economic Forum ''100 Global Leaders for Tomorrow'' (2003). * One of eight South Africans at the ''Young Global Leaders Forum'' (2005). * Yale World Fellow (2006).

References

External links

*Nicky Newton-King o
''Twitter''
*Nicky Newton-King Interview wit
Women in Finance NetworkJohannesburg Stock Exchange website
{{DEFAULTSORT:Newton-King, Nicky Stellenbosch University alumni Alumni of Queens' College, Cambridge 21st-century South African businesswomen 21st-century South African businesspeople 1966 births Living people