NSE, CIS reaffirm support for Ashon

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Nigerian Stock Exchange (NSE) Logo.

The Nigerian Stock Exchange and the Chartered Institute of Stockbrokers have pledged to support the new leadership of the Association of Stockbroking Houses of Nigeria. The bodies made known their position in a joint statement. The Chief Executive Officer, NSE, Mr. Oscar Onyema, assured the new executive members of ASHON of the Exchange support in order to enthrone professionalism and restore investor confidence in the market.

Onyema said, We look forward to working with the new executive committee to further develop our relationship and build our market to the height of global best practice; a free, fair and orderly market that is the envy of Nigerians. Similarly, the President and Chairman, Governing Council, CIS, Mr. Oluwaseyi Abe, endorsed the ASHON new team headed by Mr. Patrick Ezeagu and Mr. Akinsola Akeredolu-Ale, who are the Chairman and Vice Chairman, respectively.

Abe was quoted to have said, considering their enviable track records, we have no doubt that the newly elected office bearers will continue to bring to bear their experiences in transforming the association and the capital market in general. From ASHON recent Annual General Meeting, a new cabinet emerged in which Mr. Sam Onukwe was elected the General Secretary; Mr. Seyi Oshunkeye was elected as Treasurer; Mr. Micheal Katsi emerged as Assistant General Secretary, while Mr. Emeka Madubuike and Alhaji Rasheed Yusuff were the ex- officio members.

Ezeagu, the Managing Director and Chief Executive Officer of Solid-Rock Securities and Investment Plc and a fellow of the CIS, is an accomplished professional whose robust career spanned banking, consulting and financial market. Akeredolu-Ale, ASHON immediate past General Secretary is the Group Chief Executive Officer of Gem Assets Management and a fellow of the CIS. Onukwue, the Managing Director of Mega Capital Financial Services Limited is a fellow of the CIS and Institute of Chartered Accountants of Nigeria.

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