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Ogunbanjo emerges NSE President, replaces Aig-Imoukhuede


The Nigerian Stock Exchange ( NSE) on Monday announced the emergence of Mr Abimbola Ogunbanjo as the new President of National Council of the Exchange .

The exchange, in a statement, said that the election of Ogunbanjo was reached at its council meeting immediately after its 56 th Annual General Meeting in Lagos .

It stated that Ogunbanjo would replace Mr Aigboje Aig-Imoukhuede, who bowed out after completion of his three-year tenure as president .

It added that Aig-Imoukhuede would continue to serve on the National Council as an ex -officio member, pursuant to its Article of Association.

The added that Ogunbanjo , who joined the council in 2011 , had been the First Vice President since 2014 .

He is the Chairperson of the demutualisation Advisory Committee of the NSE and currently serves as the Managing Partner of the renowned leading corporate law firm of Chris Ogunbanjo & Co (Solicitors) .

The statement said that Mr Abubakar Balarabe Mahmoud , SAN , current President of the Nigerian Bar Association ( NBA ) and one of the founding partners of the law firm of DIKKO & MAHMOUD, was elected as First Vice President.
It added that Mrs Catherine Echeozo ( Former Deputy Managing Director of GT Bank) was elected as Second Vice President.

Commenting on the recent development , Aig-Imoukhuede was reported by the statement as saying that robust succession planning framework ensured the emergence of Ogunbanjo .

“ I am delighted that our robust succession planning framework has ensured the emergence of a worthy successor in the person of Abimbola Ogunbanjo .

His background as a legal practitioner and successful corporate player, combined with years of meritorious service as a council member, has equipped him with the knowledge and experience required to take the Exchange to higher levels of performance and development , ” he said.

Mr Oscar Onyema , NSE Chief Executive Officer , also commended the outgoing President for his contributions, commitment and distinction in service .

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