Temi Popoola

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Temi Popoola
Temi Popoola Passport.jpg
Popoola in 2025
Born (1980-06-17) June 17, 1980 (age 45)
Nigeria
CitizenshipNigerian
Education University of Lagos, Massachusetts Institute of Technology,Harvard Business School
Occupation Financial services executive
Years active2002–present
Known forGroup Managing Director and CEO of NGX Group Plc

Temi Popoola (born 17 June 1980) is a Nigerian financial services executive and investment banker who serves as the Group Managing Director and Chief Executive Officer (GMD/CEO) of Nigerian Exchange Group (NGX Group). [1] He is also the Chairman of the Central Securities Clearing System Plc (CSCS) and NG Clearing Limited, two key market-infrastructure institutions within Nigeria’s capital-markets ecosystem. [2] A Wall Street–trained investment banker, Popoola previously served as Chief Executive Officer of Nigerian Exchange Limited. [3]

Contents

Before joining NGX Group, he held senior roles at Renaissance Capital [4] , where he was CEO for West Africa, and earlier at CSL Stockbrokers, United Bank for Africa , and Bank of America Securities in New York. [5]

Biography

Popoola was born in London and holds a Bachelor of Science degree in Chemical Engineering from the University of Lagos in 2002. [6] He earned a Master of Science degree from the Massachusetts Institute of Technology in 2006, where he was twice awarded the MIT Rozeau Fellowship alumnus of Harvard Business School. [7] He is a Chartered Financial Analyst (CFA) charter-holder, obtained FINRA's Series 7 and 63 licensures and a fellow of the Chartered Institute of Stockbrokers (CIS). [8]

Career

Popoola began his career in London in 2002, working as a portfolio manager focused on African energy markets. [9]

Temi with President Tinubu in New York Temi with President Tinubu in Newyork.jpg
Temi with President Tinubu in New York

In 2006 he joined Bank of America Securities in New York as an equity derivatives trader. In 2009, he joined United Bank for Africa PLC (UBA) as Head of Structured Products & Investments. [10]

He then served as Director of Sales & Sales Trading at CSL Stockbrokers (Lagos) from 2010 to 2015. In 2015, Popoola joined Renaissance Capital (“Rencap”) and rose to become CEO for Nigeria & West Africa. [11]

In 2021 he was appointed CEO of Nigerian Exchange (NGX) subsidiary following the demutualization of the former Nigerian Stock Exchange. On 29 December 2023, NGX Group announced his appointment as GMD/CEO-designate of NGX Group Plc, effective 1 January 2024, subject to regulatory approval. [5]

He has overseen initiatives such as NGX Invest, a digital platform that has facilitated over ₦2.3 trillion in capital formation, and Project B.L.O.O.M, a community health programme addressing child malnutrition in underserved areas of Lagos. [12]

In his role as the GMD, NGX Group has expanded its focus from market performance to measurable social and environmental impact through programmes like NGX Net-Zero. [13]

Under Popoola’s leadership, NGX Group has emphasized product innovation, market-infrastructure enhancement and regulatory engagement. [3]

See also

References

  1. ↑ Nwachukwu, Iheanyi (2025-11-08). "NGX Group CEO says gender equity central to governance, profitability". Businessday NG. Retrieved 2025-12-02.
  2. ↑ Nwachukwu, Iheanyi (2024-09-26). "Temi Popoola applauds Board diversity at CSCS as Adesola, Muhammed-Oyebode join". Businessday NG. Retrieved 2025-12-02.
  3. 1 2 Sylva, Victor (2025-07-16). "Popoola Links Stock Market s Growth to Reforms, Strong ..." Retrieved 2025-12-02.
  4. ↑ "Buoyed by FG's Reforms to Stabilise Economy, Nigerian Stock Market Gains N28.52 Trillion in 11 Months – THISDAYLIVE" . Retrieved 2025-12-02.
  5. 1 2 "NGX Group appoints Temi Popoola GMD/CEO-designate". Vanguard. 29 December 2023.
  6. ↑ "Africa Summit 2025 Agenda - A FTLive Event". africa.live.ft.com. Retrieved 2025-12-02.
  7. ↑ Wole (2025-08-13). "Temi Popoola: Investment expert instrumental to modernizing Nigerian capital market". StocksWatch. Retrieved 2025-12-02.
  8. ↑ "Renaissance Capital appoints Temi Popoola as CEO for Nigeria". Businessday NG. 2015-09-17. Retrieved 2025-12-02.
  9. ↑ Africa, B. I. (2023-10-31). "A growing commitment to taking a pan-African view: Interview with Temi Popoola, CEO, Nigerian Exchange Limited". Business Insider Africa. Retrieved 2025-12-02.
  10. ↑ Salako, Taofik (2024-01-01). "My priorities as Stock Exchange's GMD, by Popoola". The Nation Newspaper. Retrieved 2025-12-02.
  11. ↑ "Renaissance Capital names Temi Popoola CEO of Nigerian business". Reuters.
  12. ↑ Nwachukwu, Iheanyi (2025-10-25). "N100trn market cap: NGX Group expanding definition of value". Businessday NG. Retrieved 2025-12-10.
  13. ↑ Nwachukwu, Iheanyi (2025-07-03). "NGX Group secures funding support from DEG Impulse to kick start N-Zero programme". Businessday NG. Retrieved 2025-12-10.
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