- April 16, 2021
- Posted by: ASEA
- Category: News
Lagos, 01 April 2021: The National Council of the Nigerian Stock Exchange is pleased to announce that the
appointments of the following Chief Executives to head its non-operating Holding Company and operating
subsidiaries have been approved by the Securities Exchange Commission, Nigeria.
| Name | Designation | Entity |
| Oscar N. Onyema, OON | Group Chief Executive Officer | Nigerian Exchange Group Plc |
| Temi Popoola, CFA | Chief Executive Officer | Nigerian Exchange Limited |
| Tinuade Awe | Chief Executive Officer | NGX Regulation Limited |
Under the demutualisation plan, a new non-operating holding company, the Nigerian Exchange Group plc
(NGX Group) has been created. The Group will have three operating subsidiaries – Nigerian Exchange Limited
(NGX), the operating exchange; NGX Regulation Limited (NGX REGCO), the independent regulatory company;
and NGX Real Estate Limited (NGX RELCO), the real estate company – forming the Group. All the entities have
been duly registered at the Corporate Affairs Commission.
Commenting on the appointments:
Otunba Abimbola Ogunbanjo, Chairman of Nigerian Exchange Group Plc (NGX Group) Board of Directors
stated: “The confirmation of these appointments are an important step in the process of building a leading
and resilient African Exchange Group following the completion of our demutualisation programme. I am
delighted to continue working with Oscar N. Onyema, OON who has played a significant role in the reshaping
of the Exchange. As a proven business leader and strategic thinker, I am confident that he will elevate the
Nigerian Exchange Group (NGX Group) and its subsidiaries successfully into a new era of development.”
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