Board of Directors

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. Kingsley Obiora

    Group Chairman

    Dr. Obiora is the Deputy Governor, Economic Policy Directorate, Central Bank of Nigeria (CBN). He is also the Chairman of the Africa Finance Corporation. Prior to his appointment at the CBN, he served as an Alternate Executive Director at the International Monetary Fund (IMF) in Washington D.C., United States of America, where he was responsible for conducting the daily operations of the IMF and also assisted to represent the interests of twenty-three (23) African countries including Nigeria. He also worked at the West African Monetary Institute and the Centre for Econometric and Allied Research at the University of Ibadan. He was also Special Adviser on Economic Matters to the Governor of the CBN, as well as Technical Adviser to Nigeria’s National Economic Management Team. He represents the CBN on the Board of FMDQ Group PLC.
  • Mr. Jibril Aku

    Group Vice Chairman

    Mr. Aku is the Chairman of the Board of Directors of Marathon Asset and Funds Management Limited. He was formerly Group Head Strategy of Ecobank Transnational Incorporated and prior to that engagement, the Managing Director/CEO of Ecobank Nigeria Limited, Executive Director of Afribank PLC (now Skye Bank PLC) and Treasurer of Citibank Nigeria Limited. He is also Chairman of FMDQ NIBOR Committee and 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. Kennedy Uzoka

    Non-Executive Director

    Mr. Uzoka is the Group Managing Director/CEO of United Bank of Africa (UBA) PLC. Prior to this appointment, he served as the CEO of UBA Africa, managing the Group’s country subsidiaries across eighteen (18) countries in Africa, as well as supervising key strategic support areas in Digital Banking, Information Technology and Personal Banking. He represents Systematically Important Banks on the Board of FMDQ Group PLC.
  • Ms. Daisy Ekineh

    Independent Non-Executive Director

    Ms. Ekineh is the Technical Advisor to the Capital Market Master Plan Implementation Council. She was a one-time Chair of the African & Middle East Regional Committee of the International Organisation of Securities Commissions. She previously served as the Chief Operating Officer of Global Mandate Consulting Limited, former Acting Director-General of the Securities and Exchange Commission, Nigeria, as well as Executive Commissioner (Operations), and Director, Securities, and Investment Services at the Commission. She serves as an Independent Non-Executive Director and was appointed to the Board of FMDQ Group PLC pursuant to the Company’s Articles. She is also the Chairman of FMDQ Depository Limited.
  • Mr. Ebenezer Onyeagwu

    Non-Executive Director

    Mr. Onyeagwu is the Group Managing Director/CEO of Zenith Bank PLC. He has served Zenith Bank PLC in various capacities; as Executive Director in charge of Lagos and South-South Zones, and was responsible for strategic groups/business units of the bank, including Financial Control & Strategic Planning, Treasury and Correspondent Groups, Human Resources Group, Oil and Gas Group, and Credit Risk Management Group. He represents Systemically Important Banks on the Board of FMDQ Group PLC.
  • Mr. Emeka Onwuka, OON

    Independent Non-Executive Director

    Mr. Onwuka is 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. He serves as an Independent Non-Executive Director on the Board of FMDQ Group PLC. He is also the Chairman, FMDQ Clear Limited.
  • Mrs. Egbichi Akinsanya

    Independent Non-Executive Director

    Mrs. Egbichi 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. Bola Onadele. Koko is the Chief Executive Officer of FMDQ Group PLC, a financial market infrastructure group with exchange, central counterparty, depository and private markets businesses.

    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.
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…
Report

Get access to industry data and reports

Report

Get access to industry data and reports

Report

Get access to industry data and reports

Report

Get access to industry data and reports