NGX Group Names Jude Chiemeka Nigerian Exchange CEO

Date:

July 5, 2024.

Thank you for reading this post, don't forget to subscribe!

Azonuchechi Chukwu.

Nigerian Exchange Group Plc has announced the appointment of Mr. Jude Chiemeka as the Chief Executive Officer of Nigerian Exchange Limited, its operating exchange subsidiary, effective July 1, 2024.

In a statement, the group said the appointment followed an approval obtained from the Securities and Exchange Commission (SEC). 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.

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 leading 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.

The Group Chairman, NGX Group, Alhaji (Dr) Umaru Kwairanga, stated, ‘‘This strategic appointment aligns perfectly with our succession plan and reinforces the synergy we continuously foster across our 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”.

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’’.

Mr. Temi Popoola, GMD/CEO, NGX Group on his part said, “I am delighted to see Mr. Chiemeka step into the role of CEO of NGX. 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”. Mr. Chiemeka remarked, “I am honored to be appointed as CEO of NGX at this critical period of The Exchange’s history, and my sincere appreciation goes to the Boards of NGX Group and NGX.

“As we aim to build on our achievements and maximize value for all stakeholders, I look forward to forging strong collaborations with NGX’s exceptional team and the broader capital market community. We are committed to creating a more dynamic and inclusive exchange that fuels Nigeria’s economic growth and competes on the global stage”. (www.naija247news.com).

Chukwu Azochukwu, The Naija247news
Chukwu Azochukwu, The Naija247newshttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

Share post:

Subscribe

Popular

More like this
Related

US military ends Gaza floating pier mission to bring aid to Palestinians by sea

U.S. Military Ends Floating Pier Mission for Gaza Aid WASHINGTON,...

U.S. President Biden Tests Positive for COVID-19 Amid Re-election Pressure

LAS VEGAS, July 17 (Reuters) - U.S. President Joe...

Kogi women farmers seek access to N700m credit facility

July 17, 2024. Azonuchechi Chukwu. Women farmers under the auspices of...

Expert Urges Manufacturers on Effective Crisis Management and Conflict Resolution

By Rukayat Moisemhe Lagos, July 17, 2024 (NAN) – Mrs....
× How can I help you?