Thursday 24 March 2016

Nigeria's D.G appointed as a member of London Stock exchange

Mrs Anohu-Amazu is one of the financial experts
from the African continent appointed by the
respected London Stock Exchange

– She is expected to continually examine these issues
and proffer advice that would hopefully change the
narrative for the African capital markets

The director general
of the National Pension Commission (PenCom), Mrs
Chinelo Anohu-Amazu, has been appointed pioneer
member of the London Stock Exchange Africa
Advisory Group.

According to a statement from her office, Mrs
Anohu-Amazu is one of the financial experts from the
African continent appointed by the respected London
Stock Exchange to provide advisory services on how
best to deepen the African Financial markets.

Also appointed were members drawn from the three
largest stock exchanges in Sub-Saharan Africa,
namely the Johannesburg Stock Exchange, Nigerian
Stock Exchange, and Nairobi Securities Exchange.

Among them are the Chief Executive Officer of the
Nigerian Stock Exchange, Mr Oscar Onyema and the
Chairman of Seplat Petroleum Development
Company, Dr Ambrose Bryant Chukwueloka (ABC)
Ojiako.

The Johannesburg Stock Exchange, Nigerian Stock
Exchange, and Nairobi Securities Exchange account
for approximately 80 percent of the market
capitalization of public securities in Africa.

The PenCom DG and other members of the Advisory
Group are, therefore, expected to continually
examine these issues and proffer advice that would
hopefully change the narrative for the African capital
markets for the better.

Naij

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