Chairperson

Mr. Olufemi A. Akinsanya

Mr. Olufemi Akinsanya is an experienced financial advisor, and former Investment Banker with a demonstrated history of highly innovative work in the financial services industry, especially, complicated corporate finance advice and transactions.

Prior to establishing his boutique Investment Banking firm, Hamilton Hammer & Co. Ltd (“Hamilton Hammer”), he held significant positions in renowned financial institutions. He joined the accounting firm of Arthur Andersen & Co. as a trainee accountant and qualified as a Chartered Accountant. He began a career in merchant and investment banking with First City Merchant Bank (now First City Monument Bank Plc), in 1985, culminating as General Manager and Head of Corporate Finance.

He served on the Board of City Securities Limited. He represented CSL Stockbrokers Limited on the National Council of the Nigerian Stock Exchange between 1985 and 1988. He is one of the founders of the Nigerian Economic Summit Group and was actively involved in designing the processes that modernized the securities market and established the investment banking profession in Nigeria. He led the four-man team that developed the mechanism for the formal trading of Rights in Nigeria.

He was a founding member of the Steering Committee for the establishment of an OTC in Nigeria and was for many years, on the Board of NASD Ltd, now operated by the National Association of Securities Dealers. He was also on the SEC-constituted Committee on the Reactivation of the Bond Market in Nigeria and later, another SEC-constituted Technical Committee on The Demutualisation of The Nigerian Stock Exchange (2011) represented CSL Stockbrokers Limited on the National Council of the Nigerian Stock Exchange between 1985 and 1988. He is one of the founders of the Nigerian Economic Summit Group and was actively involved in designing the processes that modernized the securities market and established the investment banking profession in Nigeria

He holds a B. A in Economics, Master of Business Administration degree holder from Ahmadu Bello University, Zaria, where he graduated at the top of his class in 1979. He joined the accounting firm of Arthur Andersen & Co. as a trainee accountant and qualified as a Chartered Accountant. He is an Associate and Merit Award Winner (1983) of the Institute of Chartered Accountants of Nigeria. He is also an Associate of the Chartered Institute of Stockbrokers of Nigeria and a licensed dealer on the Nigerian Stock Exchange.

He is the Chairman of First Ally Capital Limited and ARM Securities Limited; a Director of Starsight Power Utility Limited; Cowrie Integrated Systems Ltd; and the Chairman of the Statutory Audit Committee of Niger Delta Exploration & Production Plc.

Chief Executive Officer, NGX Regulation

Mr. Olufemi Shobanjo

Mr. Olufemi Shobanjo is the Chief Executive Officer at NGX Regulation Limited (“NGX RegCo”), a subsidiary of the Nigerian Exchange Group Plc. Prior to NGX Regulation, he was the Head of the Broker Dealer Regulation Department at The Nigerian Stock Exchange (“The Exchange”) responsible for the regulation and supervision of over 250 stock broking firms in the Nigerian capital market.

He has over eighteen (18) years professional experience spanning across corporate and commercial law, compliance and regulation, banking and financial markets. Prior to The Exchange, he worked for a couple of leading financial institutions in the UK including Anglo Irish Bank Corporation and HSBC Global Banking and Markets providing compliance advisory and monitoring to the Treasury dealing and sales and trading businesses.

He holds a Law degree (LLB) from the University of Birmingham, UK and a Master’s degree in International Commercial Law (LLM) from Cardiff Law School (University of Wales). He has also attended several professional courses and is an alumni of the Lagos Business School having completed the Senior Management Program.

He is a Member of the Chartered Institute for Securities and Investments UK, an Associate of the Chartered Institute of Stockbrokers, an Associate of the Institute of Capital Market Registrars, an Associate of the Institute of Chartered Secretaries and Administrators of Nigeria and a Member of the Nigerian Bar Association.

Independent Non-Executive Director

Mr. Chris Chukwu

Mr. Chris Chukwu is a banking and financial system consultant, and banking operation, supervisory and regulatory knowledge transfer specialist. He is a supervisory and regulatory expert, with broad and specialized banking knowledge, policy development, regulatory architecture, analysis of banking operation, information technology, risk management systems, risk-focused and consolidated supervision approaches, payment, clearing and settlement systems.

He serves on the boards of Banksys Solutions Consulting Limited, Maiburgami Company Nigeria Limited, and Chosidera Inc.(a U. S. A. Holding Company). He was a Member of Faculty, Toronto Centre, a global leader in knowledge transfer of financial supervision and regulation. He was a senior policy, supervisory and regulatory architect, under the Financial System Stability Directorate of the Central Bank of Nigeria, with emphasis on the safety, soundness and stability of the Nigerian financial system.

He authored the maiden Financial Stability Report of the Central Bank of Nigeria. He has an M.B.A. (Finance) and B.S (Accounting) from Alabama A& M University/Huntsville, Alabama. He is a Certified Public Accountant (CPA) and Commissioned United States’ Federal Reserve System Bank Examiner.

Independent Non-Executive Director

Mr. Edo- Abasi Bassey Ukpong

Mr. Ukpong is the founding Partner of CLP Legal (formerly Ukpong & Omotosho). He is a seasoned commercial law practitioner, well reputed in the areas of corporate finance, international business, energy and natural resources.

He is the pioneer chairman of the Competition Law Committee of the Section on Business Law, Nigeria Bar Association; and served as a member of the Technical Committee established by the Securities and Exchange Commission for the Review of Capital Market Structure and Process in 2008.

In addition to the membership of the Board of the Federal Capital Development Authority, and the National Executive Council of the Nigerian Conservation Foundation, he holds directorship in reputable companies, including RAK Unity Petroleum Plc, where he serves as Chairman, and the multi-national company, Heerema Marine Contractors Nigeria Ltd.

Mr. Ukpong holds an LL.B (Hons) from the Obafemi Awolowo University, Ile Ife (1984) and a B.L from the Nigerian Law School (1985).

Independent Non-Executive Director, NGX Regulation

Mrs. Amina Mohammed

Mrs. Amina Mohammed is an experienced and accomplished expert in Risk Management, Finance, Capital Management, Business Development, and Compliance, with a strong knowledge of African Markets.

She is currently an Independent Consultant for KPMG’s Financial Risk Management Practice and she is scheduled to consult for the Operationalization of another sovereign MSME Credit Guarantee Fund in Africa. She championed the operational setup of Development Bank of Nigeria’s Credit Guarantee Fund, where she also led the Risk Management Department.

Prior to this, she was a Senior Manager at Ernst & Young’s, West African practice. She advised a wide array of clients across industries, including Banking, Insurance, Natural Resources and consumer goods. Over the years, she has garnered Business Development, Strategic Planning and Execution, Innovation and New Product Development experience during her work setting up and leading the Quantitative Advisory Service in EY West Africa. She had also previously served as a Senior Consultant at KPMG Professional Services, Nigeria.

Mrs. Mohammed has a strong finance, programming and quantitative background with a Bachelor’s Degree in Mathematics and Computer Science from the University of Ghana, Legon and an MSc. in Financial Mathematics from the University of Edinburgh. She is an associate member of the Global Association of Risk Professionals”

Non-Executive Director

Mr. Ebilate Mac-Yoroki

Mr. Mac-Yoroki is the Managing Director/Chief Executive Officer of CityCode Trust & Investment Limited, Chairman of CityCode Mortgage Bank Limited (Licensed by the Central Bank of Nigeria and Federal Mortgage Bank of Nigeria), Chairman Karinax Nigeria Limited (a Shipping Company), and Chairman of Pavilion Developers Limited (a prominent Estate Construction/Developing Company in Nigeria).

He is an accomplished stockbroker and a fellow of the Institute of Chartered Stockbrokers (FCIS) since 1991. He is also an Associate Member of the Nigerian Institute of Management (ANIM). He is an alumni of the Harvard Business School, Boston, USA. where he completed a program on Driving Corporate Performance. He is also an alumni of Fannie Mac, Washington, USA.

Mr. Mac-Yoroki holds a degree in Accountancy from the University of Science and Technology, Port Harcourt (1984); and MBA in strategic Management (2000) from Ogun State University.

Chief Executive Officer, NGX Regulation

Mr. Olufemi Shobanjo

Mr. Olufemi Shobanjo is the Chief Executive Officer at NGX Regulation Limited (“NGX RegCo”), a subsidiary of the Nigerian Exchange Group Plc. Prior to NGX Regulation, he was the Head of the Broker Dealer Regulation Department at The Nigerian Stock Exchange (“The Exchange”) responsible for the regulation and supervision of over 250 stock broking firms in the Nigerian capital market.

He has over eighteen (18) years professional experience spanning across corporate and commercial law, compliance and regulation, banking and financial markets. Prior to The Exchange, he worked for a couple of leading financial institutions in the UK including Anglo Irish Bank Corporation and HSBC Global Banking and Markets providing compliance advisory and monitoring to the Treasury dealing and sales and trading businesses.

He holds a Law degree (LLB) from the University of Birmingham, UK and a Master’s degree in International Commercial Law (LLM) from Cardiff Law School (University of Wales). He has also attended several professional courses and is an alumni of the Lagos Business School having completed the Senior Management Program.

He is a Member of the Chartered Institute for Securities and Investments UK, an Associate of the Chartered Institute of Stockbrokers, an Associate of the Institute of Capital Market Registrars, an Associate of the Institute of Chartered Secretaries and Administrators of Nigeria and a Member of the Nigerian Bar Association.

HEAD, ISSUERS REGULATION DEPARTMENT

Godstime Iwenekhai

Head, Market Regulation, NGX Regulation Limited

Chinedu Akamaka