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2017/2018 NSE FACT BOOK
The Performance Documentary of Listed Nigerian Companies
Na onal Council Members
The Na onal Council is the governing body of The
Nigerian Stock Exchange and it is currently made up of
Thirteen (13) Members. The Na onal Council directs
The Nigerian Stock Exchange’s business and fin ancial
affairs, strategy, structures and policies; monito rs the
exercise of a ny delegat ed authority; and deals with
ch allenges and iss ues rela ng to corporate
governance, corporate soci al responsibility and
corporate ethics.
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The Performance Documentary of Listed Nigerian Companies
1 1. Abimbola Ogunbanjo 2. Oscar N. Onyema, OON 3. Aigboje Aig-Imoukhuede, CON
President, Na onal Council Chief Execu ve Officer Ex-Officio
Mr. Abimbola Ogunbanjo was elected President of the Mr. Onyema has been CEO and member of the Na onal Mr. Aig-Imoukhuede is the founder and Chairman of
Na onal Council of The Nigerian Stock Exchange (“The Council of The Exchange since April 2011. In this role, he is Corona on Capital Nigeria Limited. He is also founder of the
Exchange”) on September 25, 2017.
Africa Ini a ve for Governance (“AIG”). His career in banking
responsible for superintending the general working of The
Exchange. and finance spans three decades and has earned him na onal
He currently serves as the Managing Partner of the renowned as well as interna onal recogni on including;Commander of
leading corporate law firm of Chris Ogunbanjo & Co Mr. Onyema is the President of African Securi es Exchanges the Order of the Niger “CON”, conferred by the Federal
(Solicitors). Mr. Ogunbanjo serves on the boards of several Associa on (ASEA); Chairman of Central Securi es Clearing Republic of Nigeria, for his
mul na onal corpora ons and non- profit organiza ons System PLC (CSCS), the clearing, se le-ment and depository contribu ons to the development of banking and finance;
including Beta Glass PLC and the Advisory Board of the for the Nigerian capital market; and se lement and depository Ernst & Young Entrepreneur of the Year (West Africa); and
University of Buckingham Centre for Extrac ve Studies. He is a for the Nigerian capital market; and Chairman of the African Banker Magazine's “African Banker of the Year”.
past Board member of GTL Registrars and ConocoPhillips subsidiaries of The Exchange. He has served as a Council
amongst others. member of Chartered Ins tute of Stockbrokers (CIS); Global Aigboje Aig-Imoukhuede led the 2002 acquisi on of Access
Mr. Ogunbanjo is a member of the Interna onal Bar Agenda Council member of World Economic Forum (WEF); Bank, then a fringe regional player. As Group Managing
board member of FMDQ OTC PLC and Na onal Pension
Director and Chief Execu ve Officer, he was head of the team
Associa on, Nigerian Bar Associa on, Ins tute of Directors, Commission of Nigeria (PENCOM). responsible for pl acing the Bank on an unprecedented growth
Ins tute of Petroleum (UK) and a registered capital market trajectory, transforming the bank into top-5 leadership
consultant with the Securi es and Exchange Commission, Prior to reloca ng to Nigeria, he served as Senior Vice posi on in Nigeria. Aigboje re red as CEO of Access Bank in
Nigeria. President and Chief Administra ve Officer at American Stock December 2013
4 Exchange (Amex). He also ran the NYSE Amex equity business
Mr. Ogunbanjo acquired his first degree in Business a er the merger of NYSE Euronext and Amex in 2008. He is Co-Chairman of the UK-Nigeria Capital Market Task
Administra on with Honours from the pres gious American Force, and sits on the boards of Africa Finance Corpora on
College of Switzerland, Switzerland He proceeded to the He holds the Nigerian Na onal honor of Officer of the Order of and TCX Investment Management Company Netherlands. He is
University of Buckingham, Buckingham where he obtained his the Niger (OON); is a Fellow of the Ins tute of Directors (IOD); also Chairman Board of Trustees of the Financial Market
law degree. He a ended the New York Ins tute of Finance and member of London Stock Exchange (LSEG) Africa Advisory Dealers Associa on, and Chairman of Wapic Insurance Plc. He
where he obtained his Capital Markets Cer ficate. Group. Forbes listed him as one of the ten most powerful men was recently elected as member of the American Academy of
in Africa in 2015. Arts and Sciences and appointed a member of the
Interna onal Advisory Board of Oxford University's Blavatnik
Mr. Onyema completed the Harvard Business School Advanced School of Governance.
Management Program (AMP) in 2015. He got his MBA from
Baruch College, New York in 1998; and BSc from Obafemi He holds law degrees from the University of Benin and the
Awolowo University, Ile-Ife, in 1991. Nigerian Law School, and a Trium MBA, awarded jointly by the
London School of Economics, New York University, and HEC
7 Paris.
Having re red as President of the Exchange in 2017, he
remains on the Na onal Council as an Ex-Officio.
4. Abubakar Mahmoud, SAN, OON 5. Catherine Nwakaego Echeozo 6. Erelu Angela Adebayo
First Vice President Second Vice President Ordinary Member
Mr. Mahmoud is the Managing Partner and one of the Mrs. Cathy Echeozo is the director of Cathingens Organisa on, Erelu Angela Adebayo was previously the first lady of Eki
founding partners of the law firm of DIKKO & MAHMOUD. He a Social Investment and Innova on Non-Governmental State and Chairman, Eki State Ac on Commi ee on Aids,
was one me Kano State A orney General & Commissioner for Organiza on. She has over 33 years' experience in the Banking Service to LASG.
10 Jus ce and was in t he public service (from 1979 to 1993) as industry and re red as the Deputy Chief Execu ve Officer of
prosecutor and legal adviser. He held various posi ons GTBank in March 2017. She received the Lagos State Award Eko 2012 and ThisDay
including Director Li ga on, Public Prosecu on, Solicitor- Award for Service to Nigerian Children 2012.
General at the Ministry of Jus ce, Kano. She previously served on the Boards of GTBank, and Nigerian
Interbank Se lement System Plc. She serves on the Boards of Dangote Founda on, Afriland
Mr. Mahmoud was elevated to the rank of Senior Advocate of Proper es Plc., Meyer Paints Plc., Greenwich Trust Ltd., and
Nigeria in 2001 and is a Life Bencher of the Body of Benchers, She obtained a Bachelor of Science, Accountancy from the Women at Risk Fou nda on. She previously served on the
the highest regulatory body for the legal profession in Nigeria. University of Nigeria in 1984, and a Masters in Business Board of WEMABOD.
He holds the na onal honour of the Officer of the Order of the Administ ra on (MBA) from the University of Maryland
Niger (OON). He was elected the 33rd president of the University College in 2003. She is a fellow of the Ins tute of She obtained a BSC Hon (Social Science) from the University of
Nigerian Bar Associa on (NBA), Nigeria's umbrella associa on Chartered Accountants of Nigeria, and a Cer fied Informa on Ibadan, an MBA from the University of Lagos, and MPHiL
of professional lawyers on 1 August 2016. Systems Auditor from the Informa on Systems Audit and (Cantab) from Cambridge University .
Control Associa on.
Mr. Mahmoud is a member of the Interna onal Chamber of
Commerce (ICC), London Court of Interna onal Arbitra on
13 (LCIA) and was accepted into the Energy Arbit rators List (EAL)
in 2013.
Mr. Mahmoud trained at Ahmadu Bello University gradua ng
in 1979. He holds a Master's degree in Law from the same
University. He was at various mes at different global
ins tutes, including the Interna onal Development Law
Ins tute (IDLI) now IDLO in Rome, Italy, where he obtained a
cer ficate in Law and Development in 1987, and Harvard
University where he obtained a cer ficate in Techniques of
University School of Law, where he a ended the Summer 2017/2018 NSE FACTBOOK
Priva za on from the Harvard Ins tute of Interna onal
Development (2000). He was also at the Northwestern
Ins tute in Corporate Law and Business in 2001.