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Nigeria: 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 our 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.

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