Nigeria: SEC approves Chiemeka CEO of Nigerian Exchange

By InstinctBusiness Jul 5, 20240

Nigeria’s Securities and Exchange Commission (SEC) has approved the appointment of Mr. Jude Chiemeka as the new CEO of the Nigerian Exchange (NGX).

Chiemeka, who has been acting as CEO since January 1, 2024, succeeds Mr. Temi Popoola. Popoola has transitioned to the role of Group Managing Director and CEO of Nigerian Exchange Group (NGX Group) Plc.

The board of NGX Group confirmed Chiemeka’s appointment, effective July 1, 2024.

Group Chairman, Nigerian Exchange Group (NGX Group) Plc, Alhaji Umaru Kwairanga described Chiemeka’s appointment as a strategic one that perfectly aligns with the group’s succession plan.

According to him, the appointment reinforces the synergy the group continuously fosters across its operations.

He highlighted that Chiemeka’s wealth of experience and demonstrated leadership qualities are invaluable strengths that will drive NGX towards sustained success in the long term.

“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,” Kwairanga said.

Chairman, Nigerian Exchange (NGX), Mr. Ahonsi Unuigbe, said the board of NGX was pleased to confirm Chiemeka’s appointment as chief executive of the Exchange.