NSE Appoints Mr. Aigboje Aig-Imoukhuede & Mr. Abimbola as first & second Vice-Presidents

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June 4, 2013/NSE

The Nigerian Stock Exchange (NSE) has announced the appointment of Mr. Aigboje Aig-Imoukhuede CON and Mr. Abimbola Ogunbanjo as first and second Vice Presidents of the Council of The NSE. The appointment was made after the 52nd Annual General Meeting of the NSE that took place in May 2013.

The Council of the Nigerian bourse is made up of 14 members, consisting of the President, Alhaji Aliko Dangote, GCON, the Chief Executive Officer, Mr. Oscar Onyema and other members including representatives of dealing member firms, who are highly qualified in their respective professions with a wealth of diverse experience.

Speaking on this appointment, the CEO of The Nigerian Stock Exchange Mr. Oscar Onyema said that “The Council recognizes their sterling qualities and wealth of experience, and is delighted with the appointment. We believe that they will not relent in their efforts as ambassadors to move The Exchange forward”.

Mr. Aigboje Aig-Imoukhuede, the first Vice President is the current Group Managing Director/CEO of Access Bank Plc. He resigned as an Executive Director of Guaranty Trust Bank Plc (GT Bank) to lead a team as the MD/CEO of Access Bank with the mandate to transform the Bank into a world-class financial services provider. His visionary leadership has seen the Bank’s rapid rise to rank among Nigeria’s Tier 1 banks. In 2012, he won the 2011 Ernst & Young West Africa Entrepreneur of the Year Award and was recently conferred with the prestigious African Banker Award by the African Banker Magazine.

Mr. Aig-Imoukhuede is an alumnus of Harvard Business School’s Executive Management Programme. He holds an LLB degree from the University of Benin and is qualified to practice as a Barrister and Solicitor of the Supreme Court of Nigeria. He is also an Honorary Fellow of the Chartered Institute of Bankers of Nigeria. He is Chairman of The Access Bank (UK) Ltd, Wapic Insurance Plc, Associated Discount House Ltd and FMDQ Plc. He is also Chairman of the Board of Trustees of the Financial Markets Dealers Association.

Mr. Abimbola Ogunbanjo, the second Vice President is the Managing Partner of Chris Ogunbanjo & Co (Solicitors), the pioneer corporate law firm in Nigeria. Mr. Ogunbanjo, an Economist and Solicitor of repute, started his career as a credit analyst with Chase Manhattan Bank before he re-qualified as a Barrister and Solicitor. He has vast knowledge and experience in the areas of Corporate Commercial and Admiralty Law. He has garnered considerable corporate finance experience over the years, with a brilliant understanding of legal issues in his preferred areas of practice. He is a member of the International Bar Association; the Institute of Petroleum (UK) and the International Trademark Association. He is a Governing Council Member and Legal Adviser of the Nigerian Chamber of Shipping, Vice Chairman of the Commercial Law and Taxation Committee of the Lagos Chamber of Commerce and Industry among other institutions.

Mr. Ogunbanjo was actively involved in establishing Brass LNG Limited, the special purpose vehicle for the multi-billion dollar Liquefied Natural Gas project and putting in place all legal and corporate structures for the company preparatory to its full operations. He is a director of several multinational companies with a broad Industry focus including ConocoPhillips, ABB Powerlines, Beta Glass Plc and Investment Securities Limited.

The governance of The Exchange is vested in its Council which directs The Exchange’s business and financial affairs, strategy, structures and policies; monitors the exercise of any delegated authority; and deals with challenges and issues relating to corporate governance, corporate social responsibility and corporate ethics.

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