The JSE/BESA Merger: Navigating the Integration Minefield

Author :

Amanda Bowen; Wendy Ngoma

Pages :

4

Product Type :

Background note

Reference # :

WBS-2010-13

Teaching Note :

Institute:

Wits Business School

Setting:

Johannesburg

Year:

2009

Keywords:

Mergers; finance; HR; Leadership; Organisational Design & Development; Organisational Change

Summary/Abstract:

On 22 June 2009, the JSE Limited (JSE) and the Bond Exchange of South Africa Limited (BESA) merged. Nicky Newton-King, deputy CEO of the JSE, had been tasked with leading the integration of the two organisations. She knew that a speedy and smooth transition was vital for the staff and stakeholders of both organisations, and had set about trying to ensure this. By the end of October 2009, the integration was well under way and BESA staff were settling in, although the process was still ongoing