Nigerian Exchange Group Appoints Temi Popoola as CEO

Nigerian Exchange Group Plc (NGX Group) is delighted to declare the selection of Mr. Temi Popoola as GMD/CEO designate, with the effective date set for January 1, 2024, contingent upon the formal approval of the appointment by the Securities and Exchange Commission (SEC).

The incumbent GMD/CEO, Mr. Oscar N. Onyema, OON, will conclude his term on March 31, 2024. Preceding this, he will commence his terminal leave from January 1, 2024.

Mr. Temi Popoola presently serves as the CEO of NGX and is a member of NGX Group Executive Committee led by Mr. Onyema. His successful leadership in the C-suite is characterized by a distinctive combination of business acumen, financial expertise, global market growth, and operational insight, establishing a reputation built on tangible career accomplishments. Initially starting his career in London as a portfolio manager specializing in African energy markets, he later worked as a senior equity derivatives trader with Bank of America Securities in New York. During this time, he played a pivotal role in enhancing firm profitability by offering derivative solutions to U.S. corporations and family offices.

An investment banker with Wall Street training, Mr. Popoola joined NGX in 2021 as CEO, transitioning from Renaissance Capital (Rencap), where he held the position of Managing Director and CEO for West Africa. In his role at NGX, he played a crucial part in steering the continuous growth, profitability, and success of the organization by offering strategic market insight and leadership.

Source: NGX