Waziri takes over as CEO at CSCS

The board of directors of the Central Securities Clearing System (CSCS) Plc has appointed Mr. Haruna Jalo-Waziri as the managing director of the company. His appointment has been approved by the Securities and Exchange Commission (SEC).

Mr. Jalo-Waziri replaces Mr. Bola Adeeko, who was appointed Interim Chief Executive Officer on January 1, 2017, while the board embarked on an executive search for a substantive CEO, following the early retirement of Mr. Kyari Bukar.

Jalo-Waziri is expected to drive the next phase of CSCS strategic goals in respect of diversification of the company’s revenue base, promoting strategic alliances with peer Central Securities Depositories and other financial market entities within and across the African region, as the company continues to advance towards becoming the globally respected and leading Central Securities Depository in Africa.

Chairman, Central Securities Clearing System (CSCS) Plc, Mr. Oscar Onyema, said Jalo-Waziri has vast industry knowledge coupled with an understanding of the company’s values and strategic vision.