The Nigerian Stock Exchange (NSE) on Tuesday announced the promotion of Ms. Tinuade Awe to the position of executive director (ED), Regulation with effect from January, 2018.

The NSE said in a statement that as ED, Regulation in its revised organisational structure, Awe has oversight functions for the following teams: Broker dealer regulation; Listings regulation; Market surveillance & investigations, and Regulatory technology, while the Rules and Interpretation and Disciplinary units will also report directly to her.

Prior to her promotion, Awe was the General Manager, heading the Legal and Regulation Division of the exchange, in which role she also served as General Counsel. Ms. Awe, became affiliated with the exchange in a consulting capacity in August 2010 and joined the employment of the exchange in August 2012.

She has been a member of the Executive Committee of the exchange since August 2012.

Commenting on the appointment, President, National Council of the NSE, Mr. Abimbola Ogunbanjo, said: “I am very proud that the national council has recognised Tinuade for the exemplary role she has played in transforming the legal and regulatory landscape of the exchange and would like to warmly congratulate her on her elevation as ED, Regulation. Tinuade’s passion, energy and commitment to driving and executing on the exchange’s transformation agenda has no doubt been instrumental in revolutionising the exchange and I am confident that she will continue to exert her influence and leadership attributes in her new role for the betterment of the market and its stakeholders.”

Also commenting, the Chief Executive Officer. NSE, Mr. Oscar Onyema, said: “As we restructure and reposition the exchange for the fourth industrial revolution, Ms. Awe’s well deserved promotion is indicative of the great career advancement opportunities that exist at the NSE. I congratulate her and look forward to working with her in this new function to build a globally competitive Self-regulatory Organisation.”

Speaking on her appointment, Awe said: “I am both deeply appreciative and humbled by this recognition for my modest contributions to the exchange. I look forward to continuing to provide quality service to the exchange and its ecosystem by engendering an improved compliance culture based on substantial engagement as well as deployment of appropriate enforcement mechanisms; fully embracing and further deploying technology to serve our regulatory purposes; furthering our regulatory remit through key relationships with other regulators; and providing proactive and in-depth surveillance of our market.”

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