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Nigerian Trade Group Plc (NGX Group) has introduced vital modifications to the board of its subsidiaries, Nigerian Trade Restricted (NGX), NGX Regulation Restricted (NGX RegCo), and NGX Actual Property Restricted (NGX RelCo).
Efficient September 27, 2023, NGX has appointed Ahonsi Unuigbe as its new Board Chairman, succeeding Abubakar Mahmoud (SAN) who has retired. Different transiting board members, Erelu Angela Adebayo, Kamarudeen Oladosu, Yomi Adeyemi, and Seyi Osunkeye have additionally retired from the Board.Moreover, the shareholders of NGX authorized the appointment of Jude Chiemeka as Govt Director, together with 5 Non-Govt Administrators: Lilian Olubi, Azubuike Okpalaoka, Hamza Sule Wuro Bokki, Sehinde Adenagbe and Foluke Oyeleye.
Equally, NGX RegCo welcomes Salamatu Suleiman as its new Board Chairman, efficient September 30, 2023, succeeding Catherine Echeozo, who has retired. Foluke Oyeleye additionally resigned from NGX RegCo’s board following her appointment as a Director at Nigerian Trade Restricted. NGX RegCo’s shareholders have additionally authorized the appointments of Olufemi Akinsanya as Non-Govt Director and Amina Mohammed as Unbiased Non-Govt Director.
Moreover, Ngozichukwuka Edozien has been appointed as the brand new Board Chairman of NGX RelCo, efficient October 7, 2023, succeeding Erelu Angela Adebayo, who has retired. Shareholders of NGX RelCo additionally authorized the appointment of Fiona Ahimie as Non-Govt Director and two Unbiased Non-Govt Administrators, Victor Alonge and Abdullahi Suleiman.
Learn additionally: NGX within the throes of booby lure
Commenting on these appointments, Umaru Kwairanga, Group Chairman of NGX Group, said, “I’m delighted to announce these pivotal modifications within the management of our subsidiaries, NGX, NGX RegCo and NGX RelCo. The appointments of Mr. Unuigbe, Dr. Suleiman and Ms. Edozien symbolize a defining second in our journey. We now have meticulously deliberate for this transition, and I’ve full confidence that they are going to proceed to uphold our custom of excellence and steer our organizations towards even better heights”.
He stated Unuigbe, Suleiman and Edozien “deliver a wealth of expertise and a profound understanding of our business’s dynamics. Their monitor data in service supply make them splendid leaders for these roles. As we embark on a brand new chapter, we anticipate their contributions to be instrumental in realizing NGX Group’s formidable development technique. Their experience will unlock the complete potential of our organizations and, in flip, profit our valued buyers and stakeholders”.
Kwairanga additionally prolonged his honest gratitude to Mahmoud, Echeozo, Erelu Adebayo, and all of the retired board members of the varied subsidiaries for his or her monumental contributions and distinctive service. He remarked, “Their dedication and invaluable experience have been instrumental within the Group’s journey, navigating via difficult financial and political landscapes. We prolong our heartfelt appreciation for his or her exceptional accomplishments, which have had a long-lasting influence on the event and resiliency of our Group.”
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