Temi Popoola

Last updated
Temi Popoola
Born (1980-06-17) 17 June 1980 (age 43)
NationalityNigerian
Alma mater University of Lagos, Massachusetts Institute of Technology
Occupation Financial services executive
Known forCEO of Nigerian Exchange Ltd

Temi Popoola CFA (born June 17, 1980) is a Nigerian financial services executive currently serving as the CEO of Nigerian Exchange (NGX) Limited, a subsidiary of The Nigerian Exchange Group. [1] [2]

Contents

Early life and education

Born in 1980, Popoola bolds a Bachelor of Science degree in Chemical Engineering from the University of Lagos in 2002. [3] He earned a Master of Science degree from the Massachusetts Institute of Technology (MIT) in 2006, where he was twice awarded the MIT Rozeau Fellowship. [4]

Career

Popoola began his career in London in 2002. Later in 2006, he worked at Bank of America Securities in New York, where he gained experience as a trader in Equity Derivatives.[ citation needed ] In 2009, he joined United Bank for Africa PLC as the Head of Structured Products and Investments. [5]

Popoola as the Director of Sales & Sales Trading at CSL Stockbrokers in Lagos, Nigeria from 2010 to 2015. [3] He joined Renaissance Capital in 2015 and rose to the position of CEO for Nigeria & West Africa. [6]

In 2021, The Nigerian Stock Exchange (NSE) was demutualized leading to the emergence of the Nigerian Exchange Group (NGX Group) Plc and three subsidiaries namely; Nigerian Exchange (NGX) Limited, NGX Regulation (NGX RegCo) Limited, and NGX Real Estate (NGX RelCo) Limited. [7] [8] Temi Popoola was subsequently appointed the CEO of the Nigerian Exchange (NGX) Limited. [9] [10] [11] [12]

Popoola currently serves as an elected executive committee and board member of the African Securities Exchanges Association [13] and a member of the African Financial Industry Summit. [4] He is a fellow of the Chartered Institute of Stockbrokers (CIS). [14]

See also

Related Research Articles

<span class="mw-page-title-main">Oba Otudeko</span> Nigerian businessman

Oba Otudeko CFR is a Nigerian businessman who serves as the founder and chairman of the Honeywell Group. He was a former chairman of FBN Holdings and founder of the Oba Otudeko Foundation. As of June 2017, his estimated net worth was US$550 million.

<span class="mw-page-title-main">Nairobi Securities Exchange</span> Stock exchange of Nairobi, Kenya

The Nairobi Securities Exchange (NSE) was established in 1954 as the Nairobi Stock Exchange, based in Nairobi the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in British Kenya. The exchange had 66 listed companies in February 2021.

<span class="mw-page-title-main">Nigerian Exchange Group</span> Stock exchange located in Lagos, Nigeria

The Nigerian Stock Exchange (NSE), now Nigerian Exchange Group, is a Nigerian stock exchange founded in 1961 in Lagos. As of November 2019, it has a total of 161 listed companies, with 8 domestic companies on the premium board, 144 companies on the mainboard, and 4 on the Alternative Securities Market (ASeM) board. In the Fixed Income market, the NSE has 84 FGN bonds, 21 state bonds, 27 corporate bonds, 1 supranational bond, and 53 memorandum listings.

<span class="mw-page-title-main">First Bank of Nigeria</span> Nigerian multinational bank

First Bank of Nigeria Limited is a multinational bank and financial services company in Lagos, Nigeria. First Bank is owned by FBN Holdings PLC, which in itself has diversified ownership with over 1.3 million shareholders.

<span class="mw-page-title-main">First City Monument Bank</span> Nigerian bank

First City Monument Bank (FCMB), a member of FCMB Group Plc, is a financial services holding company headquartered in Lagos. FCMB Group Plc has nine subsidiaries divided among three business groups: commercial and retail banking, investment banking, and asset and wealth management. As of December 2020, the group's total assets were valued at US$5 billion.

Sterling Bank Ltd. is a full-service national commercial bank licensed by the Central Bank of Nigeria. On Reuters and Bloomberg terminals, it is identified as STERLNB.LG and STERLNBA:NL respectively. The Bank provides services to individuals, small businesses, and large corporations.

<span class="mw-page-title-main">Polaris Bank Limited</span> Nigerian commercial Bank

Polaris Bank Limited is a commercial bank based in Nigeria. It is licensed by the Central Bank of Nigeria, the country's banking regulator. In October 2022, the bank was acquired by Strategic Capital Investment Limited (SCIL).

<span class="mw-page-title-main">Oscar N. Onyema</span>

Oscar N. Onyema, is the Group Chief Executive Officer of Nigerian Exchange Group Plc, an institution that services the largest economy in Africa and champions the development of Africa’s financial markets. Prior to attaining this position, he was the CEO of The Nigerian Stock Exchange (“NSE”) for 10 years. He has widely been recognized as an agent of change in restoring and growing investors’ confidence and advancing Nigeria’s capital markets towards a path of sustainable growth and development. Onyema is the Chairman of two affiliate companies: Central Securities Clearing System Plc (CSCS), the clearing, settlement, and depository for the Nigerian capital market; and NG Clearing Limited, which is the premier Central Counter Party Clearing House (CCP) in Nigeria. He serves on several other boards and committees domestically and internationally including the Pension Commission of Nigeria (PENCOM), London Stock Exchange Group (LSEG) Africa Advisory Group (LAAG), and Membership Committee of the WFE. He served for over 20 years in United States financial markets and the Nigerian information technology sector.

Ecobank Kenya is a commercial bank in Kenya. It is one of the commercial banks licensed by the Central Bank of Kenya, the central bank and national banking regulator.

Yahaya Maikori is an Attorney with core expertise in gaming, sports, technology, media & eCommerce with a focus on africanInvestments. He is the founder of the law firm Law Allianz and the co-founder of the record label Chocolate City.

Bamofin Abimbola Ogunbanjo was the Group Chairman of Nigerian Exchange Group Plc,, the non-operating holding company the emerged from the demutualisation of The Nigerian Stock Exchange (NSE) from 2021 to 2022. Prior to this, he was the President of the National Council of the NSE from 2017 to 2021. He currently serves as Managing Partner of the renowned, leading corporate law firm of Chris Ogunbanjo LP (Solicitors), a firm he joined in 1990 after a spell as a credit analyst with Chase Manhattan Bank (Nigeria) Limited. He serves on the boards of several multinational corporations and non-profit organizations including Beta Glass Plc and the Advisory Board of the University of Buckingham Centre for Extractive Studies. He previously served on the Board of GTL Registrars Limited, AIICO Insurance Plc and ConocoPhillips Limited amongst others.

Meristem Securities Limited is a Nigerian Capital Market Conglomerate regulated by the Securities and Exchange Commission (SEC), based in Lagos State, Nigeria. Formerly known as Great Africa Securities Limited and founded in 2003, the company had a change of name to Meristem in 2005. The company consists of six subsidiaries: Meristem Stockbrokers, Meristem Wealth, Meristem Registrars and Probate Services, Meristem Capital, Meristem Trustees, and Meristem Finance.

<span class="mw-page-title-main">Aigboje Aig-Imoukhuede</span> Nigerian economist and banker

Aigboje Aig-Imoukhuede FCIB, is a Nigerian business mogul, banker, investor and philanthropist.

<span class="mw-page-title-main">Chukwuemeka Fred Agbata</span> Nigerian technology entrepreneur and TV presenter (born 1979)

Chukwuemeka Fred Agbata Jnr. also known as CFA is a Nigerian journalist and a former television presenter at Channels TV. He is into digital marketing and known as a technology entrepreneur with focus on business coaching and public speaking. He was said to have hosted the first virtual telehealth conference of Nigeria’s telemedicine company, CareClick with the theme ‘The Future Of Healthcare Today’ on 24 September 2020. He is said to be involved in the success of various ICT-related companies and organizations where he wielded positions and contributed to their development like the Founder Institute. He is known as the founder of Pacer Venture and has links with Climate Action Africa. He is the MD/CEO of Anambra State ICT Agency.

Abubakar Suleiman, popularly called Abu, is a Nigerian banking and economics professional and the current Managing Director/Chief Executive Officer of Sterling Bank, a leading nationally licensed commercial bank in Nigeria.

<span class="mw-page-title-main">Toyin Sanni</span> Nigerian businessperson

Oluwatoyin Sanni or Toyin Sanni is an African investment banker, lawyer, chartered secretary, stockbroker, and author. In June 2018, she resigned from United Capital. where she was Group CEO for over four years and in July 2018, she became the CEO of Emerging Africa Capital

<span class="mw-page-title-main">Halogen Group Nigeria</span> Nigerian security company

Halogen Group Nigeria formally known as Halogen Security Company is the first indigenous private security company in Nigeria founded by Biodun Shobanjo in July 1992.

<span class="mw-page-title-main">Parthian Partners Limited</span> Nigerian capital market conglomerate

Parthian Partners Limited (PPL) is a Nigerian capital market conglomerate based in Lagos, Nigeria. The company was incorporated as a Private Limited Liability in Nigeria in 2012. PPL is licensed and regulated by the Securities and Exchange Commission (SEC) and an FMDQ Exchange associate member. The company was awarded the Best Brokerage Service Award by the FMDQ Gold Awards in 2018. Parthian Partners is rated as a company with a stable financial outlook.

Olasijibomi Ogundele is a Nigerian real estate entrepreneur He is the ambassador to the Executive Governor of Lagos State.

Norrenberger Group is a financial services group based in Abuja, Nigeria. It was established in 2017 and offers financial advisory services to individual and corporate clients. According to its website, Norrenberger Group has four subsidiaries: International Energy Insurance Company, Norrenberger Pensions Limited, Norrenberger Advisory Partners Limited, and Norrenberger Asset Management Limited. The group has also received several awards from various organizations in the past three years

References

  1. Oji, Helen (25 April 2023). "Exiting foreign investment shrinks ETF by 67 per cent in three years". The Guardian Nigeria. Retrieved November 22, 2023.
  2. Tokede, Kayode (6 July 2023). "Investors Responding Positively to FG's Policies, Says NGX CEO". thisdaylive.com. Retrieved November 22, 2023.
  3. 1 2 "A growing commitment to taking a pan-African view: Interview with Temi". africa.businessinsider.com. 31 October 2023. Retrieved November 22, 2023.
  4. 1 2 "Temi Popoola, CEO, Nigerian Exchange Limited". afis.africa. 31 October 2023. Retrieved November 22, 2023.
  5. "Temi Popoola, CFA 2021 Speakers". events.africa.com. 31 October 2023. Retrieved November 22, 2023.
  6. "Renaissance Capital Appoints New CEO". marketingedge.com.ng. Retrieved November 22, 2023.
  7. Egene, Goddy. "Demutualised NGX, Heralds New Era for Capital Market, Says Buhari". thisdaylive.com. Retrieved November 22, 2023.
  8. Ayodele, Mercy (22 April 2021). "EXPLAINER: What NSE's rebranding as Nigerian Exchange Group means". businessday.ng. Retrieved November 22, 2023.
  9. "NSE announces Temi Popoola and Tinuade Awe as Chief Executives for its emerging entities". Business Trumpet. January 8, 2021. Retrieved November 22, 2023.
  10. Okojie, Josephine (May 25, 2022). "We'll introduce specialized board, comprehensive strategy for tech listings – CEO, NGX". Businessday Newspapers.
  11. "Technology can foster the growth of capital markets- Temi Popoola". stocksng.com. 28 October 2023. Retrieved November 22, 2023.
  12. "NGX CEO Temi Popoola speaks to 2023 market outlook". cnbcafrica.com. 25 January 2023. Retrieved November 22, 2023.
  13. "African Securities Exchanges Association elects Temi Popoola as executive committee member". stocksng.com. 9 December 2023. Retrieved November 22, 2023.
  14. Akinseinde-Jayeoba, Kehinde (May 15, 2023). "NGX CEO, Popoola honoured with CIS Fellowship". Nigerian Tribune.

]