FMDQ gets new board as 6 pioneer directors retire

The newly appointed board members of the FMDQ OTC PLC have pledged to further pursue the institution’s GOLD agenda initiative which is in perfect alignment with the Central Bank of Nigeria’s (CBN) financial markets vision.

The new board which will take over from the inaugural board members who retired at the second annual general meeting held on July 31 will be chaired by Sarah Alade, deputy Governor, Economic Policy Directorate of the Central Bank of Nigeria (CBN).

In a statement obtained by BusinessDay, the management of FMDQ expressed its profound gratitude to the retiring directors for their invaluable contributions to the achievement of the FMDQ dream and its development so far.

Expressing his thoughts on the new appointment, Aig-Imoukhuede, former chairman noted that, “as the Central Bank of Nigeria (CBN) Deputy Governor, Economic Policy and a member of the Bankers’ Committee, Alade has been instrumental in promoting the FMDQ dream.” 

Alade expressed her pleasure at joining the board of FMDQ  and promised that the new board would provide the necessary leadership to FMDQ.

“Indeed, she appreciates the role of FMDQ as a tool for economic development and has made various strategic inputs to the company’s achievements,” he said, adding that he expects FMDQ to continue the GOLD Agenda under the new board.

Aig-Imoukhuede also welcomed the new board who he described as accomplished professionals to the institution  reaffirming he is confident that they will further the development of FMDQ and the achievement of its strategic objectives- to provide a market for issuers and investors to interact and ensure transparency and credible price formation that aligns with best practices.

Alade expressed her pleasure in joining the Board of FMDQ stating that she has been involved with FMDQ since its inception and maintained close interaction with its leadership.

ODINAKA MBAONU