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Home Business News

Nigerian Stock Exchange Executive Director Ade Bajomo resigns

Onome Ohwovoriole by Onome Ohwovoriole
November 6, 2017
in Business News
Nigerian Stock Exchange Executive Director Ade Bajomo resigns

Adeolu Bajomo. Executive-Director,, Access Bank

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Adeolu Bajomo, the Nigerian Stock Exchange Executive Director for Market Operations and Technology has resigned his appointment. Though Bajomo did not give any reason for his action, sources revealed to Nairametrics he had gotten a job with a foreign bank that was about to expand its African operations. The NSE is yet to issue a formal statement regarding his resignation.

His resignation comes on the heels of the appointment of another Executive Director Haruna Jalo-Waziri as the Managing Director of the Central Securities Clearing System (CSCS) Plc, thus leaving investors worried about the impact this will have on the smooth functioning of the exchange. Bajomo was appointed on the 1st of May 2011, and his tenure renewed for another term last year. During his tenure, he introduced several technological innovations which increased the efficiency of trade.

Prior to his tenure at the NSE, Bajomo had worked at Barclays Bank between 2007-2011 as the Director of Transformation Programmes, where he led technology transformation of Barclays operations in Africa. He also worked at Phoenix Group (formerly known as Pearl Insurance between 2006-2007, and the IT Director of Fortis Bank UK between 1997-2006.

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Tags: Adeolu BajomoNigerian Stock Exchange
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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