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NGX supports 100 Women in Finance as group launches Nigeria chapter

NGX new rules require dealers to seek approval for block divestment worth N800m

Nigerian Exchange Limited (NGX) on Thursday April 27, 2023 held a Closing Gong Ceremony commemorating the 20th anniversary of 100 Women in Finance and the launch of the group’s Nigeria chapter.

100 Women in Finance is a global non-profit organisation committed to gender equity in finance by promoting diversity, raising visibility and empowering women to find their path to success. Membership is open to students and women leaders making a change in the world of finance.

In his welcome remarks, Jude Chiemeka, Divisional Head, Capital Markets, NGX noted that NGX in light of its Gender Leadership in the Nigerian private sector is committed to closing the gender gap for women. “We are currently in partnership with International Finance Corporation (IFC) under the Nigeria2Equal programme and our aim is reducing gender gaps in the country’s private sector by setting up more opportunities for women in leadership positions and employment. Also, very recently, NGX Group of Companies became the first securities exchange group globally and the first indigenous Nigerian corporate to be EDGE Certified, signifying our passion for diversity, equity and inclusion within the workplace.”

“Our drive as an institution is to continue to create sustainable products that promote gender equity, and these accomplishments remain a testament to our commitment towards women empowerment and gender equality in our workplace and in the industry we operate.”

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Amanda Pullinger, Chief Executive Officer, 100 Women in Finance, said the non-profit outfit was established to empower women across the finance industry and inspire the next generation of women in finance, helping them find their pathways in the industry. “100 Women in Finance is supporting women with a network of other women who understand them and providing a platform for women to discuss challenges and opportunities.”

“We are creating value for women and aiding ways to reach out to the younger generation”, she added.

While giving her remarks, Irene Robinson-Ayanwale, Divisional Head, Business Support Services Division/General Counsel, NGX said, “For us at the exchange, ESG and gender equality are very important to us and as we enter the phase 2 of Nigeria2Equal, we hope that we can leverage this partnership towards closing the gender gap in the private sector. Looking forward to working with 100 Women in Finance to organise speaking events within the capital markets ecosystem to further grow the capacity of women in the finance sector.”

Iheanyi Nwachukwu, is a creative content writer with over 18 years journalism experience writing on banking, finance and capital markets. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).

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