{"id":17622,"date":"2017-09-25T19:35:19","date_gmt":"2017-09-25T18:35:19","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=17622"},"modified":"2017-09-25T22:08:25","modified_gmt":"2017-09-25T21:08:25","slug":"ogunbanjo-emerges-nse-president-replaces-aig-imoukhuede","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/ogunbanjo-emerges-nse-president-replaces-aig-imoukhuede\/","title":{"rendered":"Ogunbanjo emerges NSE President, replaces Aig-Imoukhuede"},"content":{"rendered":"

The Nigerian Stock Exchange has announced the election of Mr. Abimbola Ogunbanjo as the new President of National Council of the Exchange.<\/p>\n

This decision was reached at The Exchange\u2019s National Council meeting held immediately after its 56th Annual General Meeting on September 25, 2017.<\/p>\n

Natiinalwire had earlier reported that following laid down house rules of the NSE, Igunbanjo is likely to emerged the new council president of NSE.<\/p>\n

Mr. Ogunbanjo took over from Mr. Aigboje Aig-Imoukhuede, who has completed his three-year tenure as President of Council of the Exchange.<\/p>\n

However, Mr. Aig-Imoukhuede will continue to serve on the National
\nCouncil as an ex-officio member pursuant to The Exchange\u2019s Article of Association.<\/p>\n

Mr. Ogunbanjo joined the National Council of The Exchange in 2011 and has been the First Vice President since 2014. He is the Chairperson of the Demutualization Advisory Committee of the NSE. He currently serves
\nas the Managing Partner of the renowned leading corporate law firm of Chris Ogunbanjo & Co (Solicitors).<\/p>\n

Mr. Ogunbanjo serves on the boards of several multinational corporations and non- profit organizations including Beta Glass PLC and the Advisory Board of the University of Buckingham Centre for Extractive Studies. He is the former Country Director and Legal Adviser of the oil giant ConocoPhillips and oversaw the recent divestment of the corporation\u2019s upstream assets in Nigeria.<\/p>\n

He is a member of the International Bar Association, Nigerian Bar Association, Institute of Petrol registered Capital market consultant with the Securities and Exchange Commission, Nigeria. Mr. Ogunbanjo
\nacquired his first degree in Business Administration with Honours from the prestigious American College of Switzerland, Switzerland. He proceeded to the University of Buckingham, Buckingham where he obtained his law degree.<\/p>\n

In the same vein, 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
\nPresident while Mrs Catherine Echeozo (Former Deputy Managing Director of GT Bank) was elected as Second Vice President.<\/p>

\r\n
Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

Commenting on the recent development, Mr. Aig-Imoukhuede said, \u201cI am delighted that our robust succession planning framework has ensured the emergence of a worthy successor in the person of Mr.
\nAbimbola 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\u201d.<\/p>\n

The Chief Executive Officer of the NSE, Mr. Oscar N. Onyema, OON, thanked the outgoing President, Mr. Aig-Imoukhuede for his immense contributions, commitment and distinction in service. \u201cMr. Aig-Imoukhuedebrought hands-on experience and business expertise to the Council which contributed to the development of the Exchange despite the harsh economic and policy environment that characterized his tenure\u201d.<\/p>\n

He also said that \u201cThe election of Mr. Ogunbanjo brings continuity and ensures that The Exchange will
\ncontinue to deliver on its strategic objectives. NSE has already benefitted greatly from his broad experience\u00a0and his contributions as the First Vice President of our Council. I look forward to working closely with Mr.
\nOgunbanjo in our journey to becoming Africa’s foremost securities exchange\u201d.<\/p>\n

On his part, the new Council President, Mr. Abimbola Ogunbanjo said \u201cI am honoured to be elected President of the National Council of The Exchange. Taking the reins of leadership of this foremost Exchange is made easier by the transformational groundwork laid by my predecessor. I would like to thank the outgoing Council led by Mr. Aig-Imoukhuede for their stewardship of the Exchange over the last three years\u201d.<\/p>\n

\u201cI have worked closely with my predecessor in pursuing our collective vision and building a world class exchange. Together with the other Council members I now look forward to the successful implementation of the transformative initiatives articulated in our 2018 \u2013 2021 corporate strategy\u201d.<\/p>\n

It will be recalled that Chartwell Securities Limited (Represented by Mr. Oluwole Adeosun); Equity Capital Solutions Limited (Represented by Mr. Kamarudeen Oladosu); Fortress Capital Limited (Represented by Mr.
\nYomi Adeyemi); Pilot Securities Limited (Represented by Mr. Seyi Osunkeye); Planet Capital Limited (Represented by Mr. Chidi Agbapu); Woodland Capital Markets Plc (Represented by Mr. Patrick Ajayi);
\nKatsina State Investment & Property Development Co. Limited (Represented by Mrs. Famah Bintah Bello\u2013Ismail); Mrs. Catherine Echeozo; and Erelu Angela Adebayo were elected as Council members during the AGM.<\/p>\n

The governance of The Exchange is vested in its Council which directs The Exchange\u2019s business and financial affairs, strategy, structures and policies; monitors the exercise of any delegated authority; and challenges and issues relating to corporate governance, corporate social responsibility and corporate ethics.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Nigerian Stock Exchange has announced the election of Mr. Abimbola Ogunbanjo as the new President of National Council of the Exchange. This decision was reached at The Exchange\u2019s National Council meeting held immediately after its 56th Annual General Meeting on September 25, 2017. Natiinalwire had earlier reported that following laid down house rules of …<\/p>\n","protected":false},"author":6,"featured_media":17623,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[2823],"coauthors":[2391],"class_list":["post-17622","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-mr-abimbola-ogunbanjo"],"yoast_head":"\nOgunbanjo emerges NSE President, replaces Aig-Imoukhuede - National Wire<\/title>\n<meta name=\"description\" content=\"The Nigerian Stock Exchange has announced the election of Mr. Abimbola Ogunbanjo as the new President of National Council of the Exchange.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/ogunbanjo-emerges-nse-president-replaces-aig-imoukhuede\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ogunbanjo emerges NSE President, replaces Aig-Imoukhuede - National Wire\" \/>\n<meta property=\"og:description\" content=\"The Nigerian Stock Exchange has announced the election of Mr. Abimbola Ogunbanjo as the new President of National Council of the Exchange.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/ogunbanjo-emerges-nse-president-replaces-aig-imoukhuede\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-25T18:35:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-09-25T21:08:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/09\/images-3-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"384\" \/>\n\t<meta property=\"og:image:height\" content=\"384\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ogunbanjo-emerges-nse-president-replaces-aig-imoukhuede\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/09\/images-3-1.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/09\/images-3-1.jpg\",\"width\":384,\"height\":384},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ogunbanjo-emerges-nse-president-replaces-aig-imoukhuede\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/ogunbanjo-emerges-nse-president-replaces-aig-imoukhuede\/\",\"name\":\"Ogunbanjo emerges NSE President, replaces Aig-Imoukhuede - 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