Nigerian Stock Exchange CEO Oscar Onyema completes tenure, to head NGX Group
Oscar Onyema, the Chief Executive Officer of the Nigerian Stock Exchange has completed his tenure.
Onyema, 52, assumed the position on April 4, 2011. He was formerly Senior Vice President of the American Stock Exchange.
In a statement on Tuesday, Olumide Orojimi, Head of Corporate Communications, said a closing ceremony was held to honour him.
Orojimi noted that the NSE experienced significant growth under the former CEO. He cited the recent completion of the demutualisation of The Exchange.
Onyema recalled he took over when the stock market was “in the doldrums, investors’ confidence low, mono product and the bourse under regulatory administration”.
The finance and investment expert said the collaboration with stakeholders in the financial system and perseverance helped able to surmount the challenges.
“We have come a long way from where we used to be and I am excited about the opportunities demutualisation has opened for us in…