The Nigerian Exchange Group Plc announces key changes to the board of its subsidiaries, Nigerian Exchange Limited, NGX Regulation Limited, and NGX Real Estate Limited.
Effective September 27, 2023, Ahonsi Unuigbe has been appointed as the new Board Chairman of NGX, succeeding Abubakar Mahmoud (SAN), who has retired. Several other board members, including Erelu Angela Adebayo, Kamarudeen Oladosu, Yomi Adeyemi, and Seyi Osunkeye, have also retired.
The shareholders of NGX have approved the appointment of Jude Chiemeka as Executive Director, along with five Non-Executive Directors: Lilian Olubi, Azubuike Okpalaoka, Hamza Sule Wuro Bokki, Sehinde Adenagbe, and Foluke Oyeleye.
NGX RegCo has welcomed Salamatu Suleiman as its new Board Chairman, effective September 30, 2023, succeeding Catherine Echeozo, who has retired. Olufemi Akinsanya has been appointed as a Non-Executive Director, and Amina Mohammed as an Independent Non-Executive Director.
NGX RelCo has appointed Ngozichukwuka Edozien as its new Board Chairman, effective October 7, 2023, succeeding Erelu Angela Adebayo, who has retired.
Fiona Ahimie has been appointed as a Non-Executive Director, along with two Independent Non-Executive Directors, Victor Alonge and Abdullahi Suleiman.
Alhaji (Dr) Umaru Kwairanga, Group Chairman of NGX Group, expressed his satisfaction with these appointments, emphasizing the wealth of experience and profound industry understanding that Unuigbe, Suleiman, and Edozien bring to their respective roles.
He expressed confidence that they will continue to uphold the tradition of excellence and contribute to realizing NGX Group’s ambitious growth strategy.
Kwairanga extended his gratitude to the retired board members for their invaluable contributions and exceptional service to the Group, acknowledging their dedication and expertise in navigating challenging economic and political landscapes.
He expressed his appreciation for their lasting impact on the development and resilience of the NGX Group.
