Stock Exchange elects new president

The Nigerian Stock Exchange (NSE) has elected Mr Abimbola Ogunbanjo as the new president of its national council.

Ogunbanjo was elected at the Exchange’s national council meeting held immediately after its 56th annual general meeting on Monday.

Ogunbanjo took over from Mr. Aigboje Aig-Imoukhuede who has completed his three-year tenure as president of council of the Exchange. Aig-Imoukhuede will however continue to serve on the national council as an ex-officio member in line with the NSE’s Article of Association.

Ogunbanjo joined the national council of the Exchange in 2011 and has been the first vice president since 2014. He is currently the Managing Partner of the corporate law firm of Chris Ogunbanjo & Co. He is the chairperson of the Demutualization Advisory Committee of the NSE.

Read also: High-cap stocks drag equities to N45bn loss

Also, Mr. Abubakar Mahmoud, President of the Nigerian Bar Association (NBA) and one of the founding partners of the law firm of Dikko & Mahmoud was elected as first vice president while Mrs Catherine Echeozo, former Deputy Managing Director of Guaranty Trust Bank, was elected as second vice president.

At the annual general meeting, members of the Exchange elected Chartwell Securities Limited, represented by Mr. Oluwole Adeosun; Equity Capital Solutions Limited, represented by Mr. Kamarudeen Oladosu; Fortress Capital Limited, represented by Mr. Yomi Adeyemi; Pilot Securities Limited, represented by Mr. Seyi Osunkeye; Planet Capital Limited, represented by Mr. Chidi Agbapu; Woodland Capital Markets Plc, represented by Mr. Patrick Ajayi; Katsina State Investment & Property Development Co. Limited, represented by Mrs. Famah Bintah Bello–Ismail; Mrs. Catherine Echeozo; and Erelu Angela Adebayo as council members.

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