Image

NGX appoints Ahonsi Unuigbe as Board Chairman

The Nigerian Exchange Group Plc (NGX Group) has revealed significant board changes in its subsidiaries: Nigerian Exchange Limited (NGX), NGX Regulation Limited (NGX RegCo), and NGX Real Estate Limited (NGX RelCo).

NGX has appointed Ahonsi Unuigbe as its new board chairman, succeeding Abubakar Mahmoud, who has retired.

Furthermore, NGX’s shareholders have granted approval for the appointment of Jude Chiemeka as Executive Director, as well as five non-executive directors: Mrs. Lilian Olubi, Mr. Azubuike Okpalaoka, Dr. Hamza Sule Wuro Bokki, Mr. Sehinde Adenagbe, and Foluke Oyeleye.

NGX RegCo has appointed Dr. Salamatu Suleiman as its new Board Chairman, succeeding the retired Mrs. Catherine Echeozo. Foluke Oyeleye also stepped down from NGX RegCo’s board due to her appointment as a Director at Nigerian Exchange Limited.

NGX RegCo’s shareholders have given their approval for the appointments of Olufemi Akinsanya as a non-executive director and Mrs. Amina Mohammed as an independent non-executive director.

Ngozichukwuka Edozien is the new Board Chairman of NGX RelCo, following the retirement of Erelu Angela Adebayo. NGX RelCo shareholders have also granted approval for the appointment of Mrs. Fiona Ahimie as a Non-Executive Director, along with two Independent Non-Executive Directors, Mr. Victor Alonge and Mr. Abdullahi Suleiman.

Group Chairman of NGX Group, Alhaji (Dr) Umaru Kwairanga, expressed his delight in announcing these significant leadership changes within their subsidiaries, NGX, NGX RegCo, and NGX RelCo.

“The appointments of Mr. Unuigbe, Dr. Suleiman, and Ms. Edozien mark a pivotal moment in our journey. We have diligently prepared for this transition, and I have full confidence that they will maintain our tradition of excellence and lead our organizations to even greater achievements” he said.

Related Posts

Stanbic Bank PMI: Uganda’s private sector improves since February

Ugandan businesses maintained strong growth in August, marking the seventh straight month of private sector expansion, according to…

Milu Kipimo leads Bolt Business South Africa

Bolt Business has named Tanzanian executive Milu Kipimo as its new country manager for South Africa, a move…

Kenya:HassConsult reports residential property prices surge

A new HassConsult special report highlights a remarkable 425% surge in Kenyan residential property prices since 2000, far…

Old Mutual exits East African property market

Old Mutual Holdings Plc, a leading regional insurer, has announced plans to divest its entire portfolio of investment…

Alain Nkontchou buys Nedbank’s Ecobank stake for $100m

Alain Nkontchou, former chairman of Ecobank Transnational Incorporated, has purchased a 21.2% stake in the pan-African bank from…

Absa, Network International to enhance fleet, commercial cards in Africa

Absa Business Banking has teamed up with Network International, a leading digital commerce enabler in the Middle East…

Access Holdings pledges $100m to boost Zambia’s energy, agriculture

Access Holdings Plc has committed to financing transformative projects in Zambia’s energy and agriculture sectors, following a high-level…

Mantra drives $1.2bn uranium project in Tanzania

Mantra Tanzania Limited has reaffirmed its commitment to transforming the socio-economic landscape of Namtumbo District in Ruvuma Region,…

Yellow Card taps Gillian Darko Vice President of Strategy

Yellow Card has announced the appointment of Gillian Darko as its new Vice President of Strategy, joining the…