BREAKING: NASD appoints Mrs. Arese Ugwu as new Acting Managing Director
The National Association of Securities Dealers (NASD) has announced the appointment of Mrs. Arese Ugwu as its new Acting Managing Director. The post BREAKING: NASD appoints Mrs. Arese Ugwu as new Acting Managing Director appeared first on Nairametrics .
The National Association of Securities Dealers (NASD) has appointed Mrs. Arese Ugwu as the new Acting Managing Director, as announced on Friday via their Instagram account. Mrs. Ugwu takes over from her predecessor, Mr. Eguarekhide Longe. In her statement, Mrs. Ugwu expressed her goal to transform NASD into a platform where Nigeria's promising businesses can secure the necessary capital for expansion and where investors can engage in the success they generate.
This appointment is the second Managing Director since the departure of the founding Managing Director, Mr. Bola Ajomale, who is now the Director of Market Operations at Nigeria's Securities and Exchange Commission (SEC). Mr. Ajomale led NASD's OTC Exchange from its establishment until his retirement in July 2022, when he passed the reins to Mr. Eguarekhide Longe.
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