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Onyema Becomes Fellow of Institute of Directors

By Modupe Gbadeyanka

Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema, has been elevated to a Fellow of the Institute of Directors, Nigeria.

This was confirmed in a letter to him dated July 7, 2017, and signed by the Institute’s Acting Director General/CEO, Mr Muhammed Jumba.

The conferment was done at the 2017 Presidential Biennial Lecture and Dinner exclusively held at the metropolitan Club Lagos.

Fellowship is one of the highest honours the IoD can bestow upon on a member and it comes barely weeks after Mr Onyema was named the recipient of the 2017 HR People Magazine’s ‘HR Champion of the Year’.

According to the letter, the institute acknowledged Mr Onyema’s “involvement and commitment to corporate leadership development in the capital market.”

“We are pleased to convey to you the approval of the IoD Governing Council for your conferment with a Fellow of the Institute with full rights and privileges therein,” the letter said.

Mr Onyema’s exemplary leadership service at the premier bourse and contributions to the capital market in Nigeria and Africa continue to receive local and international recognition. He joined the bourse in 2011 after more than two decades of work experience at leading stock exchanges in the United States.

He served as the Senior Vice President and Chief Administrative Officer at American Stock Exchange (Amex), which he joined in 2001.

He was the first person of colour to hold that position, and was instrumental in integrating the Amex equity business into the New York Stock Exchange (NYSE) Euronext equity business after the latter’s acquisition of Amex in 2008.

He then managed the NYSE Amex equity trading business, which he helped position as a premier market for small and mid-cap securities.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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