The Nigerian Stock Exchange (NSE) has renewed the contract of agreement of Oscar Onyema, its chief executive officer, for another five-year term. Onyema resumed office as the CEO of the NSE in April 2011 with the first term of a five-year contract expiring on March 31, 2016.
According to a statement issued by the exchange, Aigboje Aig-Imoukhuede, NSE president, said Onyema’s tenure as was marked with outstanding achievements. Aig-Imoukhuede expressed confidence that Onyema would continue to implement the exchange business strategies to enhance growth and development.
“The leadership qualities that he has demonstrated in his first term as CEO, in the face of such intense and challenging operating environment, have been exemplary.
“The Council believes that his vision and passion will ensure that the Exchange remained a force to be reckoned with in Africa and beyond,’’ he stated.
Onyema in his reaction said he is honoured to “remain with the NSE and to continue to lead our dedicated staff as we strive to achieve the Exchange’s vision. I am grateful to the Council for the opportunity to continue such an important work. “While there is still much to be accomplished, the support shown by the capital market community has been inspirational, and I look forward to working with the entire eco-system, to meet our objectives”.