Chiemeka’s appointment as NGX CEO will deepen market growth — Group

The Securities and Investment Empowerment Network (SIEN), a prominent professional group in the finance sector, has described the appointment of Jude Chiemeka, as the Chief Executive Officer (CEO) of Nigerian Exchange Limited (NGX) as a transformative force capable of deepening growth and further enhancing confidence in the market.

The group in a statement signed by its President, Dr. Albert Ogunseyinde, said Chiemeka’s extensive experience has provided him with 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,” said Ogunseyinde, adding that “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, characterized 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 organizational change, enhance operational efficiency, and foster a culture of transparency, accountability and empathy,” he said.

Chiemeka, a seasoned executive with a robust background in finance and management, brings over 30 years of professional experience in securities trading, asset management, and investment banking across African markets.

He joined the Nigerian Stock Exchange as the Divisional Head of Trading Business in February 2019 and became the Divisional Head of Capital Markets in 2021. Before his current position, he was the Executive Director of Capital Markets at NGX.

SIEN said with Chiemeka’s boisterous resume, NGX is expected to undergo significant advancements under his leadership. The group said industry experts anticipate that his strategic initiatives will focus on leveraging technology to enhance trading processes, improving market accessibility, and fostering investor confidence.

“Chiemeka’s vision for NGX aligns with the broader objectives of positioning the exchange as a leading 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.

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

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