Nigerian Exchange Group Plc (NGX Group) has announced the appointment of Jude Chiemeka as the substantial Chief Executive Officer of Nigerian Exchange Limited (NGX).
The NGX is the operating exchange subsidiary of the NGX Group.
The appointment, according to a statement signed by Clifford Akpolo Head, Group Communications and Partnerships, is effective July 1, 2024, following the approval of the Securities and Exchange Commission (SEC).
Chiemeka was appointed in acting capacity on January 1 to succeed Temi Popoola, who transitioned to the role of Group Managing Director and Chief Executive Officer of NGX Group.
He brings close to three decades of experience in African securities trading and asset management to his new role.
His career includes serving as Executive Director of Capital Markets at NGX and MD/CEO at United Capital Securities Limited.
He also worked at leading investment banking firms in Nigeria such as Chapel Hill Denham Securities and Rencap Securities (Nigeria).
A Fellow of the Chartered Institute of Stockbrokers, Mr. Chiemeka is an alumnus of the University of Lagos, Lagos Business School, and the University of Oxford, UK.
The Group Chairman, NGX Group, Umaru Kwairanga, stated that the strategic appointment aligns perfectly with the group’s succession plan and reinforces the synergy it continuously fosters across the group operations.
NGX Group GMD/CEO, Temi Popoola, on his part, said he was delighted to see Chiemeka step into the role, pointing out that “his extensive experience and deep understanding of our markets will be crucial in driving NGX’s growth while aligning with our broader group strategy.”
On his part, Chiemeka who said he felt honoured to be appointed to the role at this critical period of the Exchange’s history promised to build on achievements and maximize value for all stakeholders, as well as forge strong collaborations with NGX’s exceptional team and the broader capital market community.
