{"id":25229,"date":"2018-07-24T22:40:41","date_gmt":"2018-07-24T21:40:41","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=25229"},"modified":"2018-07-24T22:40:41","modified_gmt":"2018-07-24T21:40:41","slug":"fmdq-otc-appoints-diamond-bank-to-its-board","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/fmdq-otc-appoints-diamond-bank-to-its-board\/","title":{"rendered":"FMDQ OTC Appoints Diamond Bank To Its Board"},"content":{"rendered":"<p class=\"yiv8177967104MsoNoSpacing\"><span lang=\"EN-US\">Diamond Bank Plc, a leading retail bank in Nigeria with a track record of quality banking solutions for customers has been appointed as a member of the Board of FMDQ OTC Plc, Nigeria\u2019s foremost debt capital, currencies securities exchange and derivatives over-the-counter securities exchange.<\/span><\/p>\n<p class=\"yiv8177967104MsoNoSpacing\"><span lang=\"EN-US\">According to the letter of appointment obtained by our correspondent, Diamond Bank\u2019s selection as a member to the board is because of its leadership in the financial space, which has been adjudged by stakeholders in FMDQ as relevant to FMDQ markets, as well as recognitions as a Financial Market Active Bank (FMAB) and a Systemically Important Bank (SIB).<\/span><\/p>\n<p class=\"yiv8177967104MsoNoSpacing\"><span lang=\"EN-US\">Commenting on the appointment, Head, Corporate Communications, Diamond Bank Plc, Chioma Afe said, \u201cThis appointment is great news for us at Diamond as it not only validates our strategy, we also have an opportunity to develop the nation\u2019s financial industry through the securities exchange\u201d.<\/span><\/p>\n<p class=\"yiv8177967104MsoNoSpacing\"><span lang=\"EN-US\">Diamond Bank will work in collaboration with other board members in setting out the broad operational and governance architecture designed to drive the OTC Securities Exchange.<\/span><\/p>\n<p class=\"yiv8177967104MsoNoSpacing\"><span lang=\"EN-US\">The appointment and induction is effective from July 27, 2018.<\/span><\/p>\n<p class=\"yiv8177967104MsoNoSpacing\"><b><span lang=\"EN-US\">ABOUT DIAMOND BANK PLC\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/b><\/p>\n<p class=\"yiv8177967104MsoNoSpacing\"><span lang=\"EN-US\">Diamond Bank Plc is a leading Nigerian financial services company, which commenced operations as a private limited liability company on March 21, 1991. In May 2005, it was listed on The Nigerian Stock Exchange.<\/span><\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p class=\"yiv8177967104MsoNoSpacing\"><span lang=\"EN-US\">Today, Diamond Bank Plc a leading retail bank in Nigeria. A lead driver of financial inclusion, providing enhanced customer experience through innovation and technology. Regarded as supporter of lifestyle trends, its mobile banking app, \u201cDiamond Mobile\u201d, currently has over 2 million active subscribers on its platform. Diamond Bank has over the years leveraged its underlying resilience to grow its asset base and to retain its key business relationships.<\/span><\/p>\n<p class=\"yiv8177967104MsoNoSpacing\"><span lang=\"EN-US\">It has also played a leading role in partnering with domestic and International bodies such as Women\u2019s World Banking, The Gates Foundation, MTN, etc. to create easy access to financial services for the unbanked. We have cultivated excellent banking relationships with well-known international banks, allowing us to provide a range of world class banking services to suit the business needs of our client&#8217;s<\/span><\/p>\n<p class=\"yiv8177967104MsoNoSpacing\"><b><span lang=\"EN-US\">ABOUT FMDQ OTC PLC<\/span><\/b><\/p>\n<p class=\"yiv8177967104MsoNoSpacing\"><span lang=\"EN-US\">FMDQ OTC Securities Exchange (FMDQ) was registered by the Securities and Exchange Commission (SEC), Nigeria, in 2012, and launched in 2013 as an OTC securities exchange with a primary focus on organizing and deepening Nigerian financial markets. It is the foremost debt capital, foreign exchange and derivatives over-the-counter securities exchange, strategically driven to transform the Nigeria financial markets through its \u201cGOLD\u201d (Global Competitiveness, Operational Excellence, Liquidity and Diversity) agenda.<\/span><\/p>\n<p class=\"yiv8177967104MsoNoSpacing\"><span lang=\"EN-US\">With an average annual market turnover of about N118 trillion over the last three years, FMDQ operates the largest securities exchange in Nigeria. It is a self-regulatory organization (SRO) responsible for regulating the activities of its Members in the markets under its governance, through effective collaboration with key financial market regulators.<\/span><\/p>\n<p class=\"yiv8177967104MsoNoSpacing\"><span lang=\"EN-US\">\u00a0<\/span><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Diamond Bank Plc, a leading retail bank in Nigeria with a track record of quality banking solutions for customers has been appointed as a member of the Board of FMDQ OTC Plc, Nigeria\u2019s foremost debt capital, currencies securities exchange and derivatives over-the-counter securities exchange. According to the letter of appointment obtained by our correspondent, Diamond &hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":24457,"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":[347],"coauthors":[2391],"class_list":["post-25229","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-diamond-bank"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FMDQ OTC Appoints Diamond Bank To Its Board - National Wire<\/title>\n<meta name=\"description\" content=\"Diamond Bank Plc, a leading retail bank in Nigeria with a track record of quality banking solutions for customers has been appointed as a member of the Board of FMDQ OTC Plc, Nigeria\u2019s foremost debt capital, currencies securities exchange and derivatives over-the-counter securities exchange.\" \/>\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\/fmdq-otc-appoints-diamond-bank-to-its-board\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FMDQ OTC Appoints Diamond Bank To Its Board - 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