Chiemeka will position NGX among global financial markets, says investment group

The Securities and Investment Empowerment Network (SIEN), a professional group in the finance sector, says Jude Chiemeka, the chief executive officer (CEO) of the Nigerian Exchange Limited (NGX), will position the bourse among global financial markets.

On July 4, Nigerian Exchange (NGX) Group Plc confirmed the appointment of Chiemeka as CEO of NGX, its subsidiary.

The NGX Group, in a statement, said the appointment took effect from July 1 following the approval of the Securities and Exchange Commission (SEC).

NGX Group said Chiemeka brings close to three decades of experience in African securities trading and asset management to his new role.

In a statement signed on Tuesday, Albert Ogunseyinde, SIEN’s president, said with Chiemeka’s impressive resume, NGX is anticipated to achieve significant advancements under his leadership.

According to Ogunseyinde, his vision for NGX aligns with the broader goal of establishing the exchange as a major player in the global financial markets.

“The Nigerian Exchange Limited plays a crucial role in the nation’s economic development by facilitating capital formation and promoting investment opportunities,” he said.

“With Chiemeka at the helm, we are confident that NGX will continue to contribute significantly to the growth and diversification of Nigeria’s economy.

“There is now a palpable sense of optimism about the future of the Nigerian Exchange Limited as the financial community looks forward to a new era under Chiemeka’s leadership.

“With his extensive experience, strategic vision, and commitment to excellence, we believe Chiemeka is well positioned to steer NGX towards a path of sustained success and greater prominence in the global financial ecosystem.”

‘CHIEMEKA’S APPOINTMENT WILL BOOST INVESTORS’ CONFIDENCE’

Ogunseyinde said Chiemeka’s appointment will deepen growth and boost confidence in the market.

He said the CEO’s extensive experience gives him a deep understanding of the complexities of the financial markets and the strategic vision needed to navigate them.

“Chiemeka’s appointment as CEO of NGX is a testament to his exceptional leadership abilities and extensive industry experience,” he said.

“His deep understanding of the financial markets, coupled with his strategic acumen, makes him the ideal person to lead NGX into a new era of growth and innovation.

“His amiable leadership style, characterised by a commitment to excellence and a focus on stakeholder engagement, has earned him a reputation as a transformative leader.

“His previous roles have demonstrated his ability to drive organisational change, enhance operational efficiency, and foster a culture of transparency, accountability and empathy.”

Ogunseyinde said industry experts expect Chiemeka’s strategic initiatives to concentrate on leveraging technology to enhance trading processes, improve market accessibility, and boost investor confidence.