The Nigerian Commodity Exchange (NCE) has appointed the Deputy Governor of the Central Bank of Nigeria (CBN), Mrs. Aisha N. Ahmad as chairman of its Board of Directors.
A statement by the Acting Head, Corporate Communication, Abiodun Sanusi said that Mrs. Ahmad’s appointment came at an extraordinary meeting held on January 4, 2022, in line with the provisions of the Company & Allied Matters Act (CAMA) 2020.
The statement said that after the said meeting retired former Directors, it re-constituted new Board with Mrs. Aisha N. Ahmad, Dr. Angela Sere-Ejembi and Mr. Phillip Yila Yusuf as new core directors.
It said that additional board appointments would be made in due course, even as it said that the newly constituted Board, along with a Transition Management Team, “headed by Mr. Elenwor Ihua as Acting interim Coordinator, will temporarily oversee the operations of the Exchange, supervise an independent and transparent process to appoint a new Executive Management Team.
“The core shareholders of the NCE thank the outgoing Board and the Executive Management for their patriotic service to the company and wish them all the best in their future endeavors.”
The statement said that this development marked a critical milestone in the journey to transform NCE into a world class commodity Trading Company within the African and global commodity markets.
