• Onyema GCEO; Temi Popoola, Tinuade Awe emerged CEOs Nigerian Exchange limited and NGX Regulation limited respectively

Nigerian Exchange Group plcNGX Group has created a new non-operating holding company. The Group will have 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.

A statement by the Group says that all the entities have been duly registered at the Corporate Affairs Commission “CAC”.

While Oscar Onyema has been appointed Nigerian Exchange Group Plc GCEO, new Group Chief Executive Officer, Nigerian Exchange Group Plc, TemiPopoola, and Tinuade Awe emerged CEOs of Nigerian Exchange limited and NGX Regulation limited respectively.

The appointments, which are in line with the demutualization plan of the Exchange, are still subject to the approval of the Securities and Exchange Commission SEC.

 


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