Nigerian Exchange Gets New Board Chairman, Leadership

The Nigerian Exchange Limited (NGX) has unveiled its new Board Chairman, Ahonsi Unuigbe, and other leadership positions in the agency.

Naija News learned that shareholders of NGX approved the appointment of Unuigbe following the retirement of its former board chairman, Mr. Abubakar Mahmoud.

It was gathered that Unuigbe’s appointment took effect on 27 September 2023.

According to Vanguard, the shareholders of NGX also approved the appointment of Mr. Jude Chiemeka as Executive Director and five Non-Executive Directors, including Mrs. Lilian Olubi, Mr. Azubuike Okpalaoka, Dr. Hamza Sule Wuro Bokki, Mr. Sehinde Adenagbe, and Mrs. Foluke Oyeleye.

Other NGX transiting Directors, Erelu Angela Adebayo, Mr. Kamarudeen Oladosu, Mr. Yomi Adeyemi, and Mr. Seyi Osunkeye, also retired from the Board.

Similarly, NGX Regulation Limited (NGX RegCo) appointed Dr. Salamatu Suleiman as its new Board Chairman, effective 30 September 2023, succeeding Mrs. Catherine Echeozo, who has retired, While Ms. Ngozichukwuka Edozien has been appointed as the new Board Chairman of NGX Real Estate (NGX RelCo), effective 7 October 2023, succeeding Erelu Angela Adebayo.

Commenting on these appointments, the Group Chairman of NGX Group, Alhaji (Dr) Umaru Kwairanga, said, “I am delighted to announce these pivotal changes in the leadership of our subsidiaries, NGX, NGX RegCo and NGX RelCo. The appointments of Mr. Unuigbe, Dr. Suleiman, and Ms. Edozien represent a defining moment in our journey. We have meticulously planned for this transition, and I have complete confidence that they will continue to uphold our tradition of excellence and steer our organizations toward even greater heights.

“Mr. Unuigbe, Dr. Suleiman, and Ms. Edozien bring a wealth of experience and a profound understanding of our industry’s dynamics. Their track records in service delivery make them ideal leaders for these roles.

“As we embark on a new chapter, we anticipate their contributions to be instrumental in realizing NGX Group’s ambitious growth strategy. Their expertise will unlock the full potential of our organizations and, in turn, benefit our valued investors and stakeholders.”