Nigerian Exchange Group (NGX) Plc has announced the appointment of Ms. Jumoke Olaniyan as its new Group Chief Strategy Officer (GCSO). This strategic move is set to reinforce the executive leadership team as the Group embarks on its next phase of growth, focusing on digital transformation, product innovation, and market development.

In her new capacity, Ms. Olaniyan will spearhead enterprise-wide strategy formulation and execution across the entire NGX Group. Her responsibilities will include driving initiatives that aim to deepen market liquidity, foster product innovation, broaden investor participation, and ultimately enhance long-term stakeholder value. The Group stated that this role is crucial for strengthening cross-functional alignment and organizational effectiveness as NGX Group continues to evolve its integrated market infrastructure model.

The appointment underscores NGX Group's commitment to disciplined strategy execution, robust governance, and sustainable value creation. It also signifies the Group's deliberate effort to enhance its leadership structure through increased representation at the executive level, ensuring that women play influential roles in shaping the evolution of Nigeria's capital markets and contributing to national economic development.

Ms. Olaniyan comes to NGX Group with a wealth of experience, boasting over two decades in financial markets, strategy, consulting, and banking. Prior to this appointment, she held significant leadership positions at FMDQ Group Plc and FDHL Group, where she made notable contributions to business development, market expansion, and product innovation within the fixed income, currencies, and derivatives markets. Her expertise encompasses market structure, stakeholder engagement, and enterprise transformation.

Olaniyan holds a degree in Accounting and an MBA from the prestigious INSEAD Business School. She has established a strong reputation for driving growth, improving market participation, and delivering innovative financial market solutions that enhance transparency, efficiency, and resilience.

This appointment occurs as NGX Group has recently introduced a Commercial Paper (CP) issuance platform, aimed at facilitating capital formation for corporates and expanding its product offerings. Notably, the CP market in Nigeria has historically been dominated by FMDQ, where Olaniyan previously served in senior roles. This move by NGX Group highlights its broader strategy to diversify its product suite and compete more effectively in Nigeria's dynamic fixed income and capital markets landscape.