Board of Directors

FMDQ CLEAR BOARD OF DIRECTORS
The FMDQ Clear Board of Directors are responsible for setting the operational and governance architecture for the Central Counterparty.
  • Mr. Bola Onadele. Koko
    Chairman

    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 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.

  • Mrs. Vivien Shobo
    Independent Non-Executive Director

    Mrs. Shobo is the Chief Executive Officer, FVS Advisory Partners. She previously served as the Chief Executive Officer of Agusto & Co. Limited, Nigeria’s foremost Credit Rating Agency.

    As part of her contribution to the development of the Nigerian financial market, she has served on various committees including the Securities & Exchange Commission (SEC)’s Financial Literacy Master Plan Committee, Fixed Income Sub-Committee, and the Capital Market Literacy/ Investor Confidence Sub-Committee, where she was the Chairperson.

    She is also the Chairperson of the SEC-registered Credit Rating Agencies Association. She serves as an Independent Non-Executive Director of FMDQ Clear.

  • Ms. Kaodi Ugoji
    Non-Executive Director

    Ms. Ugoji is the Group Chief Operating Officer of FMDQ Group PLC. She serves as an Executive Director on the Board of FMDQ Group PLC and as a Non-Executive Director on the Boards of FMDQ Securities Exchange 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.

  • Ms. Tumi Sekoni
    Non-Executive Director

    Ms. Sekoni is the Managing Director of FMDQ Securities Exchange Limited. She also serves as a Non-Executive Director on the Boards of FMDQ Depository Limited, FMDQ Private Markets Limited, and iQx Consult Limited.

    Ms. Sekoni has built her career across Trading, Operations, Business Analysis, Business Development, Products & Markets Development, Marketing and Project Management in various organisations including Guaranty Trust Bank PLC, Goldman Sachs International, UBS, London, and Merrill Lynch.

  • Mr. Ayodele Onawunmi

    Managing Director

    Mr. Onawunmi is the Managing Director of FMDQ Clear Limited. He also serves as a Non-Executive Director on the Boards of FMDQ Securities Exchange Limited, FMDQ Depository Limited, FMDQ Private Markets Limited, and iQx Consult Limited. Prior to joining FMDQ Clear Limited, he was the Managing Partner of 213 Capital, an African-focused investment and risk advisory firm.

    Mr. Onawunmi’s extensive experience cuts across Trading, Corporate & Investment Banking, Pension Fund Management and Financial Market Consulting in various organisations, including Access Bank PLC and Chapel Hill Denham Group.

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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