Nigeria Exchange Group Subsidiaries Get New Chairmen, Directors, Others

The Nigerian Exchange Group Plc (NGX Group) has made fresh appointments to the boards of its subsidiaries, namely Nigerian Exchange Limited (NGX), NGX Regulation Limited (NGX RegCo), and NGX Real Estate Limited (NGX RelCo).

The group disclosed this in a statement on Sunday.

According to the Group, the appointments to the NGX Limited
Starting from September 27, 2023.

NGX appointed Ahonsi Unuigbe as its new Board Chairman to succeed the retired Abubakar Mahmoud (SAN).

In addition to this change, several board members, including Erelu Angela Adebayo, Kamarudeen Oladosu, Yomi Adeyemi, and Seyi Osunkeye have also retired.

Also, the Group shareholders 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.

In another development, NGX Regulation Limited (NGX RegCo) management has welcomed Salamatu Suleiman as its new Board Chairman, effective from September 30, 2023, succeeding the retired Catherine Echeozo.

In addition to this, Foluke Oyeleye has resigned from NGX RegCo’s board due to her appointment as a Director at Nigerian Exchange Limited.

NGX RegCo’s shareholders have also approved the appointments of Olufemi Akinsanya as a non-Executive Director and Amina Mohammed as an Independent non-Executive Director.

Meanwhile, NGX Real Estate Limited (NGX RelCo) has appointed Ngozichukwuka Edozien as the new Board Chairman, effective from October 7, 2023, succeeding the retired Erelu Angela Adebayo.

The Group shareholders also approved the appointment of Fiona Ahimie as a non-Executive Director and the addition of two Independent non-Executive Directors, Victor Alonge and Abdullahi Suleiman.

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