Oscar Onyema has been appointed as the new Group Chief Executive Officer (GCEO), Nigerian Exchange Group Plc, as Temi Popoola and Tinuade Awe emerged CEOs of Nigerian Exchange Limited and NGX Regulation Limited.
The appointments, which are in line with the demutualisation plan of the exchange, are still subject to the approval of the Securities and Exchange Commission (SEC).
The Nigerian Exchange Group Plc (NGX Group) was created through the demutualisation plan, a holding company.
The group will have three 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.
All the entities have been duly registered at the Corporate Affairs Commission (CAC).
