African Securities Exchanges Association (ASEA) has elected the CEO of the Nigerian Exchange Limited (NGX), Temi Popoola into the executive committee of the association.
Popoola was elected into the executive committee during the association’s annual general meeting and conference in Abidjan, Cote D’ Ivoire on 7 December 2022. The process also saw the CEO of the Botswana Stock Exchange, Thapelo Tsheole and the CEO of the Rwanda Stock Exchange, Pierre Celestine Rwabukumba, also elected as President and Vice President of ASEA, respectively.
Commenting on this recent development, Popoola stated thus:
“I appreciate the Group Chief Executive Officer of Nigerian Exchange Group Plc, Mr Oscar Onyema for his support during my election to the committee and his efforts on ASEA’s initiatives during his time as leader of the association. As the president of ASEA between 2014 and 2018, he championed the initiation and development of the African Exchanges Linkage project which is now being officially launched and will aid the pooling of liquidity across exchanges on the continent.
ASEA as the premier association of securities exchanges in Africa is tasked with the duties of promoting the capital markets of its members at the global level and fostering capital inflows into African capital markets.
At NGX, we will continue to collaborate with other ASEA members on the development of our markets, intelligence and data sharing, and join in advocacy efforts. I am confident that the committee will continue to advance the pan-African agenda, enhance sustainability and capital mobilisation efforts and drive continent-wide financial inclusion for the development of our continent.”