The JSE/BESA Merger: Navigating the Integration Minefield
A few days before the JSE Limited (JSE) and the Bond Exchange of South Africa Limited (BESA) merged on 22 June 2009, Nicky Newton-King, deputy CEO of the JSE, –who had been tasked with leading the integration of the two organisations – reviewed what she had done so far and the plans she had put in place to ensure a smooth integration. A great deal of time and work had been invested in planning and organising the merger, and she did not want a misstep in the integration process to derail the entire merger. She wondered if she had done enough to ensure a smooth integration.
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