BOARD OF DIRECTORS
The Board of Directors of FMDQ Exchange is responsible for crafting the broad operational and governance architecture designed to drive the strategic direction of the Exchange.
  • Mr. Emeka Onwuka, OON

    Chairman

    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.

  • Mr. Olumide Oyetan

    Non-Executive Director

    Mr. Olumide Oyetan is the Chief Executive of Stanbic IBTC Pension Managers Limited.

    Prior to this appointment, he was an Executive Director at Stanbic IBTC Pension Managers Limited, and previously, Head of Advisory Products for the Standard Bank Wealth and Investment Business in South Africa, Standard Bank Group PLC. He also served at Stanbic IBTC Asset Management Limited, first as an Executive Director in charge of Investment Management and later as the Chief Executive. He is the current President of the Pension Fund Operators Association of Nigeria (PenOp).

    Mr. Oyetan represents the ‘buy-side’ on the Board of FMDQ Exchange and sits on the Board as a nominee of PenOp.

  • Ms. Nadia Zakari

    Non-Executive Director

    Ms. Zakari is the Head of Markets, Rand Merchant Bank Nigeria Limited (RMBN). With a robust banking career, she joined RMBN's Foreign Exchange (FX) Trading and Customer Dealing desks. Prior to her tenure at RMBN, she held the position of FX Dealer at Standard Chartered Bank, Nigeria, commencing her banking journey in Asset and Liability Management.

    She has extensive experience in the banking industry with a background in FX Trading, Fixed Income & Money Markets, and Balance Sheet Management. She is a member of the RMBN Executive Committee and serves on the Board of RMBN Nominees and RMBN Asset Management. Additionally, she serves as the President of the Financial Markets Dealers Association (FMDA).

    Ms. Zakari represents the Governing Council of FMDA on the Board of FMDQ Exchange.

  • Mr. Bola Onadele. Koko

    Non-Executive Director

    Mr. Onadele is the Pioneer Chief Executive Officer of FMDQ Group PLC. He serves as the Chairman on the Boards 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

    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 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.

  • Mr. Ayodele Onawunmi

    Non-Executive Director

    Mr. Onawunmi is the Managing Director of FMDQ Clear Limited. He also serves as a Non-Executive Director on the Boards of 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.

  • Ms. Tumi Sekoni

    Managing 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 Clear Limited, 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.

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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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