Newscenter Media News The newly confirmed Chief Executive Officer (CEO) of the Nigerian Exchange Group, Mr Jude Chiemeka has been charged with the onerous task of propelling the NGX towards long-term success.
This follows his confirmation as the substantive CEO of the operating exchange subsidiary.
Reacting to the appointment following the approval of the Securities Exchange Commission (SEC), the Group Chairman, NGX Group, Alhaji (Dr) Umaru Kwairanga, stated that the strategic appointment aligns perfectly with the group’s succession plan and reinforces the synergy it continuously fosters across the group operations.
”Mr. Chiemeka’s extensive experience and proven leadership qualities are invaluable assets that will propel NGX towards long-term success.
Under his leadership, I am confident that NGX will play an even more pivotal role in contributing to the sustainable growth for both Nigeria’s and Africa’s economies,” he said.
Commenting on the appointment, Mr. Ahonsi Unuigbe, Chairman of Nigerian Exchange Limited, said the Board of NGX is pleased to confirm Mr. Chiemeka’s appointment as CEO of The Exchange.
“It is our hope and expectation that he will drive growth and innovation, enhance our operational perspectives, democratize investment in the capital market, and unlock opportunities for investors,’’ he said.
On his part, Mr. Temi Popoola, GMD/CEO, NGX Group on his part noted that he was delighted to see Mr. Chiemeka step into the role of CEO of NGX.
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“His extensive experience and deep understanding of our markets will be crucial in driving NGX’s growth while aligning with our broader group strategy.
I look forward to working closely with him to unlock value and to create new opportunities for stakeholders across the entire NGX Group ecosystem,” he said.
Chiemeka’s appointment took effect from July 1, 2024.
Since January 1, 2024, Mr. Chiemeka has been serving as the acting CEO of NGX, succeeding Mr. Temi Popoola, who transitioned to the role of Group Managing Director and Chief Executive Officer of NGX Group.
According to a statement signed by Clifford Akpolo Head, Group Communications and Partnerships. Mr. Chiemeka brings close to three decades of experience in African securities trading and asset management to his new role.
His career includes serving as Executive Director of Capital Markets at NGX and MD/CEO at United Capital Securities Limited.
He also worked at investment banking firms in Nigeria such as Chapel Hill Denham Securities and Rencap Securities (Nigeria).
A Fellow of the Chartered Institute of Stockbrokers, Mr. Chiemeka is an alumnus of the University of Lagos, Lagos Business School, and the University of Oxford, UK.
By: Babajide Okeowo
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