By Modupe Gbadeyanka
Ms Tinuade Awe has been promoted into the position of Executive Director in charge of Regulation at the Nigerian Stock Exchange (NSE).
Ms Awe’s elevation was announced on Monday in a statement issued by the stock market regulator and it takes effect from January 1, 2018.
Prior to her promotion, Ms Awe was the General Manager, heading the Legal and Regulation Division of the NSE, in which role she also served as General Counsel of the exchange. She served as Secretary to the Council of the NSE from January 2011 to October 2015.
Ms Awe became affiliated with the NSE in a consulting capacity in August 2010 and joined the employment of local bourse in August 2012. She has been a member of the Executive Committee of the exchange since August 2012.
As Executive Director, Regulation in the NSE’s revised organizational structure, Ms Awe will oversee Broker Dealer Regulation, Listings Regulation, Market Surveillance & Investigations, and Regulatory Technology. The Rules and Interpretation and Disciplinary Units of the NSE will also report directly to her.
Commenting on the appointment, President of National Council of the NSE, Mr Abimbola Ogunbanjo, stated that, “I am very proud that the National Council has recognized Tinuade for the exemplary role she has played in transforming the Legal and Regulatory landscape of the exchange and would like to warmly congratulate her on her elevation as Executive Director, Regulation.
“Tinuade’s passion, energy and commitment to driving and executing on the Exchange’s transformation agenda has no doubt been instrumental in revolutionizing the Exchange and I am confident that she will continue to exert her influence and leadership attributes in her new role for the betterment of the market and its stakeholders.”
Also, chief executive of the NSE, Mr Oscar Onyema, said, “As we restructure and reposition the exchange for the fourth industrial revolution, Ms Awe’s well deserved promotion is indicative of the great career advancement opportunities that exist at the Nigerian Stock Exchange.
“I congratulate her and look forward to working with her in this new function to build a globally competitive Self-Regulatory Organization.”
Commenting on her appointment, Ms Awe said, “I am both deeply appreciative and humbled by this recognition for my modest contributions to the exchange.
“I look forward to continuing to provide quality service to the NSE and its ecosystem by engendering an improved compliance culture based on substantial engagement as well as deployment of appropriate enforcement mechanisms; fully embracing and further deploying technology to serve our regulatory purposes; furthering our regulatory remit through key relationships with other regulators; and providing proactive and in-depth surveillance of our market.”
Ms Awe is a consummate professional with varied professional experiences garnered across three continents.
She has an LL.B Degree from the Obafemi Awolowo University, graduating as the Best Female Student in the Faculty of Law. She finished at the Nigerian Law School with First Class Honours, graduating as Best Overall Student.
She also holds LL.M Degrees from Harvard Law School, where she was a Landon H. Gammon Fellow, as well as The London School of Economics and Political Science (LSE), where she graduated with Merit.
At the LSE, she was a British Council Scholar. She is admitted to both the Nigerian and New York Bars.
Aduragbemi Omiyale