The National Council of the Nigerian Stock Exchange (NSE) has co-opted four eminent Nigerians into the membership of the Council.
The announcement was made at the end of the Council meeting held in Lagos. This brings the number of Council members to 13.
According to the Secretary to the Council and Head, Legal and Regulation Division of the Exchange, Ms.Tinuade Awe, the four persons are Group Managing Director, Access Bank Plc, Mr. Aigboje Aig-Imoukhuede; Managing Director, Shell Nigeria Closed Pension Fund Administrator Limited, Mrs.Yemisi Ayeni; Partner, Dikko and Mahmoud, Mr. Abubakar Mahmoud (SAN), and Partner, Chris Ogunbanjo & Co., Barristers and Solicitors, Mr. Abimbola Ogunbanjo.
Awe noted that the management of the Exchange was very pleased to have them join the Council and bring their wealth of experience to bear on the Exchange. "We look forward to working with them and other Council members to further the Exchange's transformation agenda."
Aig-Imoukhuede is the Managing Director/Chief Executive Officer of Access Bank Plc. His visionary leadership has inspired Access Bank's rapid and unprecedented growth over the years, which has seen the bank rank amongst the top four banks in Nigeria. He is also the chairman of the group's UK bank subsidiary, Access Bank UK Limited.
Under his leadership, Access Bank has become a globally recognised institution, receiving awards both locally and internationally for its contribution towards the growth of the Nigerian banking industry. Prior to this appointment, Mr.Aig-Imoukhuede was an Executive Director at Guaranty Trust Bank Plc. He is the Chairman of the Board of Trustees of Nigeria's Financial Market Dealers Association and also a foundation Board member of the African Finance Corporation. He is a member of the National Economic Management Team and currently serves as the Chairman of the Bankers' sub-committee on Economic Development and Sustainability.
Aig-Imoukhuede holds LLB and BL degrees from the University of Benin and the Nigeria Law School respectively and was one of the youngest Nigerians to be conferred with the Honorary Fellowship of the Chartered Institute of Bankers of Nigeria. In 2011, he was awarded the national honour of the Commander of the Order of the Niger (CON).
Ayeni is the Managing Director, Shell Nig. Closed Pension Fund Administrator Ltd. She is an honors graduate of Accounting and Business Finance from the prestigious University of Manchester, UK and is a Chartered Accountant - a member of the Institute of Chartered Accountants in England and Wales. She joined Shell Nigeria in 1994 and has held a variety of roles in various Shell companies over the years. In November 2004, Ayeni was appointed Finance Director, SNEPCo, earning her the distinction of being the first Nigerian woman ever to be appointed to the Board of a Shell Company in Nigeria. She is the Vice Chair of the Pension Fund Operators' Association of Nigeria and the current Chair of the Board of LEAP Africa.
Mahmoud (SAN) is the managing partner at Dikko and Mahmoud, a law firm that prides itself as offering legal services to public and private sector clients in line with best international practice. He has acted as counsel in many important arbitrations and also acted as arbitrator in several proceedings. He was elevated to the rank of Senior Advocate of Nigeria in 2001.
Mahmoud is a member of the Body of Bencher's, Nigeria's highest body for regulating the legal profession. He chaired the National Committee on the review of the Nigeria's Code of Corporate Governance for Public Companies and is a member of the Vision 2020, Business Support Group. He chairs the NBA Ethics Committee as well as its Capacity Building Committee and sits on its Arbitration Working Group. In 2006, he was awarded the national honour of the Officer of the Order of Nigeria (OON). He was a recipient of the 'We are Future of Our Nation' role model award for 2008.
Ogunbanjo is the Managing Partner at Chris Ogunbanjo & Co., a leading international law firm. 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); member, 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 (LCCI) among other institutions. Mr Ogunbanjo was actively involved in establishing Brass LNG Limited 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.