Reddy to lead JSE, Fourie retires

Valdene Reddy has been named CEO of the Johannesburg Stock Exchange (JSE), effective 1 April 2026.

She replaces Leila Fourie, who has held the role since 2019.

The JSE has a US$1.23 trillion market cap, as of July 2025. A total of 435 companies are listed on the exchange.

Under Fourie’s leadership, the JSE partnered with a range of exchanges and data vendors as it sought to increase its global presence.

A 2023 partnership with Big Xyt to develop a data analytics solution distribution service was followed up by an agreement with DataBP in 2024, intended to improve data management services.

READ MORE: JSE partners with DataBP as data becomes growing revenue source

Also in 2024, Euronext joined the JSE’s fast-track listing route as part of the exchange’s push for dual- and multi-listing – an initiative already supported by exchanges including the LSE, ASX and NYSE.

Reddy has 25 years of experience and has been director of capital markets at the JSE since 2020. Prior to this, she was head of equities and equity derivatives at the exchange.

Her career began in equity derivatives sales and trading at Bank of America Merrill Lynch, after which she worked in equity derivative sales at Renaissance Capital.

©Markets Media Europe 2025

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