NGX hails retired directors for market development

Nigerian Exchange Group has commended its retired directors for their leadership and contribution to the development of the capital market.

The reception for the retired directors, which was held after the Group’s 64th Annual General Meeting in Lagos, brought together a distinguished gathering of regulatory leaders, government officials, traditional rulers, and members of the diplomatic community.

Key figures recognised include the former Chief Executive Officer of the Nigerian Stock Exchange and Group Managing Director/CEO of NGX Group, Mr. Oscar Onyema, and the late Abimbola Ogunbanjo, a former Group Chairman whose leadership was instrumental in NGX’s demutualisation and modernisation.

In his opening remarks, Group Chairman of NGX Group, Umaru Kwairanga, paid tribute to their enduring impact, saying, “Tonight, we honour the remarkable men and women whose leadership, dedication, and foresight have left an indelible mark on our Exchange and Nigeria’s financial markets. Their legacies remain ingrained in our DNA and will continue to inspire our path forward.”

The Commissioner for Finance, Lagos State, Mr. Abayomi Oluyomi, representing Governor Babajide Sanwo-Olu, emphasised the honourees’ broader economic influence.

“Their contributions extended beyond the Exchange, reinforcing Lagos’s position as Africa’s leading financial and economic hub,” he said.

Director-General of the Securities and Exchange Commission, Dr. Emomotimi Agama, acknowledged their transformative role: “These distinguished leaders laid the groundwork for today’s dynamic, transparent, and globally competitive capital market. Their governance standards and bold decisions remain benchmarks for excellence.”

Adding royal commendation, the Ooni of Ife, Oba Adeyeye Ogunwusi, praised their national impact: “As a custodian of tradition and progress, I celebrate these trailblazers whose wisdom and commitment have driven Nigeria’s economic advancement and inspired future generations.”

Former President of the Nigerian Stock Exchange and Chairman of Access Holdings Plc, Mr Aigboje Aig-Imoukhuede, reflected on their legacy, saying, “Capital markets are the backbone of thriving economies. The progress we see today stems directly from these directors’ vision, integrity, and leadership, which established enduring governance standards.”

Closing the event, Group Managing Director/CEO of NGX Group, Temi Popoola, remarked, “Tonight, we honour not only the architects of our past but also the partners shaping our future. To our retired directors, your legacies ignite the aspirations of tomorrow’s leaders. Together, we will continue building a market that embodies Nigeria’s innovation, resilience, and strength.”