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NSE appoints listing, trading business heads

Traders work at the Nigerian Stock Exchange in Lagos

Traders work at the Nigerian Stock Exchange in Lagos, February 13, 2015. REUTERS/Joe Penney

The Nigerian Stock Exchange has appointed Mr Olumide Bolumole as its divisional head of listing business and Mr Jude Chiemeka as the divisional head of trading business.

The NSE said in a statement that Chiemeka was joining the management team with over 24 years’ experience in securities trading and asset management across markets in Africa.

It said he joined the NSE from United Capital Securities Limited, where he was the managing director/chief executive officer.

The statement read in part, “Chiemeka had previously helmed affairs at leading investment banking firms in Nigeria such as Chapel Hill Denham Securities and Rencap Securities (Nigeria).

“He is a fellow of the Chartered Institute of Stockbrokers and an alumnus of University of Lagos, Lagos Business School as well as University of Oxford, the United Kingdom.”

The NSE said Bolumole was a financial market professional with close to two decades of experience in capital market across asset management, investment banking and merchant banking.

It said his most recent role was as the acting managing director of FBNQuest Capital from 2018 to 2019.

Bolumole was said to have joined the FBN Holdings Group in 2012 where he headed securities’ sales spanning FBNQuest Capital as well as FBNQuest Merchant Bank.

“He started his career on the equities trade execution desk at De Putron Fund Management, a Hedge Fund based in the UK. He also worked at BGL Securities Limited where he was head of institutional sales,” the statement said.

The Chief Executive Officer, NSE, Mr Oscar Onyema, said, “We are excited to have attracted such outstanding young business leaders to the Exchange and the management team at a time we are executing organisational growth and market-wide initiatives.

“I look forward to working with them to continue executing our strategy of becoming the preferred African Exchange hub.”

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