The Board of Directors of FMDQ Group, comprising credible financial markets experienced professionals, is responsible for formulating vital strategies to ensure the longevity of the Group and its markets.

  • Dr. Jibril Aku

    Group Chairman

    Dr. Aku is the Chairman of the Board of Directors at Marathon Asset and Funds Management Limited. He previously served as the Group Head of Strategy at Ecobank Transnational Incorporated and was formerly the Managing Director/Chief Executive Officer (CEO) of Ecobank Nigeria Limited. His earlier roles include Executive Director at African PLC (now Skye Bank PLC) and Treasurer at Citibank Nigeria Limited. Dr. Aku also served as the Inaugural Group Vice Chairman of the Board of FMDQ Group PLC.

    He is the erstwhile President of the Money Market Association of Nigeria (now Financial Markets Dealers Association of Nigeria (FMDA)). He is a member of and represents the FMDA Board of Trustees on the Board of FMDQ Group PLC.

  • Mr. Oliver Alawuba

    Non-Executive Director

    Mr. Alawuba is the Group Managing Director/Chief Executive Officer (CEO) of United Bank for Africa (UBA) PLC. He has served UBA in several capacities, most recently as Group Deputy Managing Director/CEO, UBA Africa, covering subsidiaries in nineteen (19) African Countries, and formerly as Country CEO for UBA Ghana, and Regional CEO, UBA Anglophone Subsidiaries. He is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria, a Fellow of the Nigeria Institute of Management, and a Member of the Institute of Directors, Nigeria. Mr. Alawuba represents Systemically Important Banks on the Board of FMDQ Group PLC.
  • Mr. Roosevelt Ogbonna

    Non-Executive Director

    Mr. Ogbonna is the Managing Director/Chief Executive Officer of Access Bank PLC and has served the bank in various capacities, including Executive Director of the Commercial Banking Division and Group Deputy Managing Director. He is also a Non-Executive Director on the Board of Access Holdings PLC, a Chartered Financial Analyst, Fellow of the Institute of Chartered Accountants of Nigeria, and Member of the Chartered Institute of Bankers of Nigeria. Mr. Ogbonna represents Systemically Important Banks on the Board of FMDQ Group PLC.
  • Mr. Emeka Onwuka, OON

    Independent Non-Executive Director

    Mr. Onwuka was the Chief Financial Officer and Executive Director of Seplat Petroleum Development Company PLC. Prior to this, he served as Group Managing Director, Diamond Bank PLC, and Chairman, Enterprise Bank Limited, among others. He also served on the inaugural Board of the erstwhile FMDQ OTC PLC from 2012 to 2014.

    He serves on the Boards of Hello Pay, Airtel Networks Limited (Bharti Airtel), as well as the Board of FMDQ Group PLC as an Independent Non-Executive Director. He is also the Chairman, FMDQ Securities Exchange Limited.

  • Mr. Sadiq Mohammed

    Independent Non-Executive Director

    Mr. Mohammed is the Deputy Group Chief Executive Officer of the Asset & Resource Management (ARM) Group and has been in that role from 2015 till date. In that role he is responsible for the strategic direction of the Group’s business, as well as for other businesses within the ARM Group. He sits on the Board of SunTrust Bank Nigeria Limited. He was previously on the Board of the erstwhile FMDQ OTC PLC from 2014 to 2016 and served as the Chairman, FMDQ Clear Limited. He serves as an Independent Non-Executive Director on the Board of FMDQ Group PLC.
  • Mrs. Egbichi Akinsanya

    Independent Non-Executive Director

    Mrs. Akinsanya is an Independent Non-Executive Director of Learn Africa PLC.

    She was formerly the Managing Director of FBC Beverages Company Limited. Prior to that, she served as the Group Treasurer for British American Tobacco Nigeria Limited, which she joined after leaving Citibank Nigeria Limited as an Assistant General Manager. She also worked at the Securities and Exchange Commission, Nigeria.

    She is a member of the Institute of Chartered Secretaries and Administrators, UK, and the Institute of Chartered Accountants of Nigeria. Mrs. Akinsanya serves as an Independent Non-Executive Director on the Board of FMDQ Group PLC.

  • Mr. Bola Onadele. Koko

    Chief Executive Officer

    Mr. Onadele is the Pioneer Chief Executive Officer of FMDQ Group PLC. He serves as a Non-Executive Director on the Board of FMDQ Securities Exchange Limited and as Chairman of FMDQ Clear Limited, FMDQ Depository Limited, FMDQ Private Markets Limited, and iQx Consult Limited.

    Prior to this engagement, he was the President of FDHL, a financial markets and risk management consulting firm he founded in 2001, where he provided business leadership in the empowerment of the Nigerian financial markets. Previously in the banking sector, Mr. Onadele's career spanned across several banks in Nigeria, with senior executive roles in Treasury and Corporate Banking, and culminated as Chief Executive Officer.

    As a widely regarded financial markets architect, he serves on the boards of various organisations, including as Chairman, Governance Board of Financial Centre for Sustainability (FC4S), Lagos and a Non-Executive Director and Founding Member of EnterpriseNGR Professional Advocacy Group. He is also a member of the Board of Trustees of Financial Markets Dealers Association. Mr. Onadele is an ardent advocate of gender equality, especially in the workplace, and girl-child education.

  • Ms. Kaodi Ugoji

    Executive Director/Group Chief Operating Officer

    Ms. Ugoji is the Group Chief Operating Officer of FMDQ Group PLC. She also serves as a Non-Executive Director on the Boards of FMDQ Securities Exchange Limited, FMDQ Clear Limited, FMDQ Depository Limited, FMDQ Private Markets Limited, and iQx Consult Limited.

    Ms. Ugoji has extensive experience in Treasury, Asset Management, Business Development, Marketing Communications, Finance, Project Management and Strategy functions of various organisations including Guaranty Trust Bank Limited, Hermes Investment Managers Limited, United Kingdom, Diamond Bank PLC, and Guinness Nigeria PLC.

FMDQ-OXFO Partnership
With innovative technology and strategic partnerships we create a new value network and redefine the cost structure for homeownership so that more people
FMDQ Sustainability Agenda
FMDQ, through its activities, aims to achieve sustainability in the areas it actively operates and impacts, as such, its Sustainability Strategy is guided by five (5) main Sustainability Pillars…

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