Connect with us
SSN
Advertisement
IZIKJON
Advertisement
UBA
Advertisement
forex
Advertisement
Stanbic IBTC
Advertisement
Binance
Advertisement
Esetech
Advertisement
Patricia
Advertisement
Fidelity ads
Advertisement
app

Appointments

Society for Corporate Governance Nigeria appoints Chioma Mordi as new CEO

Mrs. Chioma Mordi has been appointed as MD/CEO of the Society for Corporate Governance Nigeria.

Published

on

The Board of Directors of the Society for Corporate Governance Nigeria has announced the appointment of Mrs. Chioma Mordi as its new Managing Director/Chief Executive Officer.

This announcement was disclosed to Nairametrics in a press release signed by the President and Board Chairman of the institution, Mr. Muhammed. K. Ahmed.

READ: Nigeria not broke, budget to be passed before end of the year – Budget Office

What you should know

Mrs. Mordi had taken over the leadership mantle of the Society on October 7, 2020. She took over from Mrs. Hilda Nkor who is the immediate past CEO of the Society.

Until her appointment, Mrs. Mordi served as Chief Operating Officer (COO) of the Society for Corporate Governance Nigeria. As COO of the society, she played a crucial role in facilitating key national and international collaborations with prominent institutions such as CBN, NDIC, NSE etc. which further bolstered the reputation of the firm.

READ: Orange launches high speed internet network in Nigeria, Ghana, and 6 others

What they are saying

Commenting on her appointment, Mr.Muhammed said: “She (Mrs. Mordi) has over 10 years’ experience working in operations, strategic development & execution, programmes curriculum development, partnership engagement, and research experience with a focus on corporate governance and leadership, all at The Society for Corporate Governance Nigeria.

“She has grown through the ranks of the organisation, developing strategic leadership and management capabilities that has prepared her to lead the Society to greater heights of impact and value.”  

READ: Automakers need to create greater value for Nigerians – GAC

An elated Mrs. Mordi, while accepting the role said: “Nigeria is a great nation that the Society will continue to craft strategies in repositioning its corporate governance processes especially in this unique and interesting times.”

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Appointments

ValuAlliance Asset Management appoints two new Directors

ValuAlliance Asset Management has announced the appointment of two persons into its Board as Directors.

Published

on

ValuAlliance Asset Management, the fund manager of the ValuAlliance Value Fund, has announced the appointment of Messrs Obinnia Abajue and Kofi Kwakwa into its Board as Directors.

This is according to a disclosure sent to the Nigerian Stock Exchange and seen by Nairametrics. In line with statutory requirements, the appointments are subject to confirmation from the Securities and Exchange Commission (SEC) and approval by the shareholders at the company’s next Annual General Meeting (AGM).

According to the notice, Mr Obinnia Abajue was appointed as Independent Non-Executive Director while Mr Kofi Kwakwa was appointed as Non-Executive Director. The profile of the aforementioned experts is succinctly captured below;

READ: FBN Holdings appoints ex-CEO of Guinness Nigeria and 2 others as Board Directors

Mr Obinnia Abajue

Mr. Abajue has over two decades of experience in banking and financial services. He is the current Chief Executive Officer (CEO) of Hygeia HMO Limited, a position he has held since November 2016. He is an alumnus of the University of Lagos and Imperial College London, where he obtained a Bachelor’s degree in Actuarial Science and an MBA respectively. Mr Abajue is a fellow of numerous professional bodies like; The Chartered Institute of Management Accountants, UK; The Institute of Chartered Accountants of Nigeria; The Chartered Institute of Bankers of Nigeria and the Chartered Institute of Stockbrokers of Nigeria.

Kofi Kwakwa

Mr. Kwakwa is a Ghanaian and a former CEO of Sagevest Holdings, an investment holding company in Ghana. He has over 25 years of experience in investment banking and consulting, having worked in top firms like Standard Bank, McKinsey & Company among others. He is currently a director at African Capital Alliance Limited (ACA), having joined the Board since 2015. Mr. Kwakwa is an alumnus of Swarthmore College and Harvard Business School, both in the USA, where he obtained a B.A. in Mathematics/Economics and an MBA respectively.

READ: Dangote Sugar yearly revenue surge by 33%, announces a dividend of N1.50

What they are saying

Commenting on the recent development, a part of the press release reads: ‘’The Board of Directors congratulates Mr. Abajue and Mr. Kwakwa on their appointment and is looking forward to tapping into their vast wealth of experience to further accelerate the achievement of its vision, to be the premier investment management fiduciary in the segments we serve.’’

What you should know

  • ValuAlliance had earlier posted a Profit After Tax of N237.96 million in its last reported financial statements-Q3, 2020. The PAT figures indicated a surge by over 1,000% YoY.
  • ValuAlliance Value Fund formerly known as “SIM Capital Alliance Value Fund”, is a closed-end collective investment scheme, registered and regulated by the Securities and Exchange Commission, whose units are listed on the main board of the Nigerian Stock Exchange (“NSE”).

Continue Reading

Appointments

Greenwich Merchant Bank appoints Bayo Rotimi as MD/CEO

Bayo Rotimi has been appointed the new MD/CEO of Greenwich Merchant Bank.

Published

on

Greenwich Merchant Bank has announced the appointment of Mr Bayo Rotimi as its new Managing Director/ Chief Executive Officer.

This is according to a notification made available on the bank’s social media handle, seen by Nairametrics.

As part of his responsibilities, Mr Rotimi is expected to provide leadership and direction to the management team and take charge in optimizing the company’s overall strategic objectives and operational performance, in a bid to deliver optimal value for stakeholders, without compromising quality and standards.

About Bayo Rotimi

Mr Rotimi is an experienced investment banking professional with over 27 years’ experience. He worked for various financial institutions such as Lead Merchant Bank and FCMB Capital Markets, where he rose through the echelons to become the CEO of the latter in 2008. Prior to his recent appointment, he was the chairman of the investment committee of ARM’s Discovery, Aggressive, Growth, Ethical, Money Markets, Fixed income and Eurobond funds with over N110 billion under management.

What they are saying

Commenting on the recent development, Chairman of Greenwich Merchant Bank, Kayode Falowo said: “Bayo’s track record and pedigree speaks for itself and offers a reassuring nexus between the corporate ideals that Greenwich is reputed for and proactive dynamism required to stay on the cutting-edge of innovation, product development and stakeholder satisfaction.”

What you should know

  • Recall that Greenwich Trust Limited was officially renamed Greenwich Merchant Bank in September 2020, after obtaining regulatory approval from CBN to operate as a Merchant Bank.
  • Greenwich Merchant Bank Limited was incorporated on the 25th of February, 1992 and subsequently commenced operations in June 1994.

Continue Reading



Advertisement





Nairametrics | Company Earnings

Access our Live Feed portal for the latest company earnings as they drop.