Jobs/Appointments
Nnanna Replaces Alade as FMDQ OTC Chairman
By Modupe Gbadeyanka
Dr Joseph Nnanna has been announced as the new Chairman of the Board of Directors of FMDQ OTC Securities Exchange. This followed the retirement of Mrs Sarah Alade from the position on Friday, April 28, 2017.
Dr Nnanna is the Deputy Governor of the Central Bank of Nigeria (CBN), overseeing the Economic Policy Directorate, which covers the apex bank’s Financial Markets’ franchise.
He joins the Board of FMDQ with a wealth of experience having previously served as the Alternate Executive Director, representing Nigeria and 21 other Sub-Sahara African countries on the Board of the International Monetary Fund (IMF), amongst numerous other relevant financial markets’ appointments. He is currently the Chairman of the Board of Directors of Africa Finance Corporation (AFC).
Mrs Alade, who retired from FMDQ, was appointed to the board in July 2014, following the retirement of its inaugural Chairman, Mr Aigboje Aig-Imoukhuede.
Representing the CBN on the board of FMDQ, Mrs Alade was the Deputy Governor, Economic Policy Directorate of the apex bank, until her retirement in March 2017.
She had been pivotal to the transformation of the Nigerian financial markets over the years and led the OTC Securities Exchange astutely for almost three years and was instrumental to the successes achieved by FMDQ during the period.
Commenting on her decision to quit the board, Mrs Alade said, “Having had the privilege of leading the FMDQ Board since 2014, barely eight months after the launch of the OTC Exchange onto the Nigerian financial markets, the time has come for me to say goodbye.
“Over the years, I have had the pleasure of working with a team of highly passionate and result-driven professionals, from FMDQ staff members to the management team and my fellow board members.
“I would formally like to extend my personal appreciation for their individual and collective efforts displayed throughout my tenure. I would also like to particularly thank the retiring Directors for their invaluable contributions to the achievement of the FMDQ dream and heartily welcome the new Directors to the FMDQ Board.”
Expressing appreciation to Mrs Alade, Managing Director/CEO of FMDQ, Mr Bola Onadele Koko, stated that, “On behalf of the directors and management, I will like to seize this opportunity to express our deepest appreciation to (you) for the exemplary leadership and superior counsel provided in directing the affairs of the FMDQ. I wish her many more healthy years ahead.”
It was also gathered that the board announced the shareholders’ ratification of the appointment of Mr Kennedy Uzoka, Group Managing Director/CEO of United Bank of Africa Plc; and Mr Dapo Akisanya, Managing Director/CEO, AXA Mansard Pensions Limited, whose appointments to the FMDQ board as directors took effect on August 1, 2016 and January 1, 2017 respectively.
This is in addition to the retirement of Mr Yinka Sanni (Director and Chair, Board Governance and Human Resources Committee) from FMDQ.
Mr Sanni is Chief Executive Officer (CEO) of Stanbic IBTC Holdings Plc and represented the Financial Markets Sub-Committee of the Bankers’ Committee on the board of FMDQ, in his capacity as erstwhile CEO of Stanbic IBTC Bank Plc.
By Modupe Gbadeyanka
Lagos Television (LTV 8), Alausa, Ikeja, has a new General Manager, and he is Mr Kayode Oyekanmi, replacing Mrs Sola Kosoko, who was ousted by the Lagos State government.
Mr Oyekanmi was presented with his letter of appointment on Wednesday, May 13, 2026, by the Lagos State Head of Service, Mr Bode Agoro, in a brief ceremony.
The new General Manager of the state-owned broadcast station was tasked with using his vast experience in the media space to take LTV 8 to greater heights.
Mr Agoro expressed confidence in Mr Oyekanmi’s capacity to reposition Lagos Television and wished him a successful and impactful tenure of office.
Prior to his appointment, Mr Oyekanmi served as the Director of Strategy Centre at the Lagos State Ministry of Information and Strategy, a position he has held since 2022.
A seasoned brand communications practitioner, Mr Oyekanmi has over three decades of professional experience spanning both the private and public sectors, with expertise in Advertising, Public Relations, and global export services.
He commenced his public service career as a Public Affairs Practitioner on March 1, 2000, with the Lagos State Ministry of Information and Strategy.
The new LTV boss, a Lagos State indigene from Isale Eko, Lagos Island, has received several awards in recognition of his dedication, hard work, and commitment to the journalism profession.
He holds a Master’s degree in Public Administration (MPA) from the University of Lagos and a Bachelor’s degree in English Language and Education from Lagos State University.
He is an active Member of the Nigeria Union of Journalists (NUJ) and the Nigerian Institute of Public Relations (NIPR).
In addition, he is a voracious reader and a passionate lawn tennis player, and currently serves as the Charter President of the Lagos State Ministry of Information Toastmasters Club.
By Modupe Gbadeyanka
A retired Major-General, Mr Adeyinka Famadewa, has been appointed as the Special Adviser to President Bola Tinubu on Homeland Security.
The appointee retired from the military after over three decades, with experience in national security strategy, intelligence fusion, counter-terrorism operations, and international security diplomacy.
His career reflects a rare blend of operational excellence, strategic foresight, and institutional leadership in safeguarding Nigeria’s territorial integrity and national interests, a circular signed by the Secretary to the Government of the Federation (SGF), Mr George Akume, said.
It was disclosed that Mr Famadewa was chosen for the position because of his exceptional record of service, strategic expertise, and outstanding contributions to Nigeria’s national security architecture.
The notice said the appointment underscores the commitment of the administration of Mr Tinubu to strengthening internal security coordination, enhancing intelligence-driven operations, and deepening inter-agency collaboration in addressing emerging security threats across the country.
The President expressed confidence that Mr Famadewa’s appointment will further enhance the government’s efforts toward achieving a safer and more secure Nigeria through improved coordination of homeland security initiatives, intelligence integration, and proactive risk management.
He also urged him to deploy his wealth of experience, professionalism, and strategic insight in advancing national security objectives and supporting the administration’s agenda.
By Aduragbemi Omiyale
In a bid to strengthen its board and support its transformation goals, FCMB Group Plc has appointed the chairman of the board of the Lagos State Employment Trust Fund (LSETF), Mrs Adepeju Adebajo, as an independent non-executive director.
A statement signed by the company secretary, Mrs Olufunmilayo Adelabu, disclosed that the appointment has been approved by the Central Bank of Nigeria (CBN).
She brings to the board over 30 years of experience across industry, renewable energy, agriculture, finance and consulting. She has worked with teams and clients in sub-Saharan Africa and Europe, helping them grow and multiply impact.
Throughout her career, Mrs Adebajo has led teams through change and growth. She previously worked at Lafarge Africa Plc, and was once the chief executive of Mouka Limited, Lumos Nigeria, UTC Nigeria Plc and an Assistant General Manager at United Bank for Africa (UBA) Plc. She is a Transformation Lead at Etex Group (Nigerite and Emenite Limited).
In 2025, she founded Climate Governance Initiative Nigeria, affiliated with the World Economic Forum (WEF) and serves on the World Economic Forum Council on Climate and Nature Governance (2025-2027).
Mrs Adebajo holds a Master’s and a BSc in Chemical Engineering from Imperial College London and an MBA from Harvard Business School.
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