06 Jan CBN Deputy Governor, Ahmad Chairs NCX’s Re-constituted Board
Central Bank of Nigeria (CBN) Deputy Governor, Mrs. Aisha Ahmad has been appointed the chairman of the re-constituted Board of the Nigeria Commodity Exchange (NCX) Plc. She is also one of the three new directors were appointed for the exchange.
The others included CBN Director, Development Finance Department, Mr. Yusuf Yila and Dr. Angela Sere-Ejembi.
A statement by the acting Head, Corporate Communications, NCX, Mr. Abiodun Sanusi, yesterday, said the reconstitution of the board and management was in line with the provisions of the Companies and Allied Matters Act (CAMA) 2020.
The statement said stakeholders had at the exchange’s Extra-ordinary General Meeting held on January 4, 2022, unanimously approved the retirement of directors as well as appointment of the three new directors.
Ahmad, was subsequently appointed Chairman of the board at the inaugural board meeting which held same day.
Additionally, the board appointments would be made in due course, the statement added.
The newly reconstituted board, along with a Transaction Management Team headed by Mr. Elenwor Ihua, who is acting as Interim Coordinator, would temporarily oversee the operations of the exchange, it stated.
Ihua would supervise an independent and transparent process to appoint a new Executive Management Team.
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