The National Council of The Nigerian Stock Exchange (NSE) announced Chief Executives who will head its operating and non-operating companies upon the completion of its ongoing demutualisation. These appointments are subject to the approval of the Securities and Exchange Commission. The appointed CEOs are:
- Oscar N. Onyema, OON, Group Chief Executive Officer, Nigerian Exchange Group
- Temi Popoola (CFA), Chief Executive Officer, Nigerian Exchange Limited
- Tinuade Awe, Chief Executive Officer, NGX Regulation Limited
Under the demutualisation plan, a new non-operating holding company, the Nigerian Exchange Group plc (NGX Group) has been created. The Group will have three operating subsidiaries – Nigerian Exchange Limited (NGX), the operating exchange; NGX Regulation Limited (NGX REGCO), the independent regulatory arm; and NGX Real Estate Limited (NGX RELCO), the real estate company – forming the group.
All the entities have been duly registered at the Corporate Affairs Commission (CAC).