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SEC APPROVES CHIEMEKA'S APPOINTMENT AS NGX CEO

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Olori Uwem

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SEC APPROVES CHIEMEKA'S APPOINTMENT AS NGX CEO

KEY DETAILS:
- Appointment Approved: The Securities and Exchange Commission has approved Jude Chiemeka's appointment as the Chief Executive Officer of the Nigerian Exchange Limited (NGX), effective July 1, 2024.
- Experience: Chiemeka brings nearly three decades of experience in African securities trading and asset management. He has been acting CEO of NGX since January 1, 2024, following Temi Popoola's promotion to group managing director and CEO.
- Leadership Support:
- NGX Group Chairman, Umaru Kwairanga: Emphasized the strategic alignment of Chiemeka's appointment with the company's succession plan and highlighted his extensive experience and leadership qualities as critical for NGX's long-term success.
- NGX Limited Chairman, Ahonsi Unuigbe: Expressed confidence that Chiemeka will drive growth, innovation, and democratize investment in the capital market.
- GMD/CEO of NGX Group, Temi Popoola: Noted Chiemeka's deep market understanding and readiness to collaborate closely to unlock value for stakeholders.
- Chiemeka's Vision: Chiemeka expressed his commitment to building a dynamic and inclusive exchange that fuels Nigeria's economic growth and competes globally.
- Previous Roles: Chiemeka served as Executive Director of Capital Markets at NGX and MD/CEO at United Capital Securities Limited. He also worked at Chapel Hill Denham Securities and Rencap Securities (Nigeria).