The Nigerian Commodity Exchange Plc has appointed three new directors. The new directors are Mrs. Aisha Ahmad, Dr. Angela Sere-Ejembi and Phillip Yila Yusuf.
The NCX informed the public that in line with the provisions of the Companies & Allied Matters Act (CAMA) 2020, an Extraordinary General Meeting of the NCX held January 4, 2022 at which all shareholders unanimously approved the retirement of directors, and appointment of three new directors.
Mrs. Ahmad was subsequently appointed Chairman of the Board at the inaugural board meeting, held on January 4, 2022. Additional board appointments will be made in due course.
The newly constituted board along with the Transition Management Team, headed by Mr. Elenwor Ihua, (acting as interim co-ordinator) will temporary oversee the operations of the Exchange, supervising an independent and transparent process to appoint a new Executive Management Team.
Acting Head, Head, Corporate Communications at NCX, Abiodun Sanusi, said the development marks a critical milestone in the journey to transform NCX into a world-class commodity trading company within the African and global commodity markets.
