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Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 1:47am On Jan 03, 2011 |
Onyema to replace Okereke-Onyiuke as NSE boss Published on 03 January 2011 with 0 comments [Post a Comment] NIGERIAN-BORN chief administrative officer of the American Stock Exchange (AMEN), Mr. Oscar Onyema has been selected substantive managing director and chief executive officer of the Nigerian Stock Exchange (NSE). Onyema beat two others including Yvonne Ike, a former staff of JP Morgan in the United States and Bola Onadele, head of Datanet Limited after a rigorous selection process under the mandate of Accenture Nigeria. Though indications are rife that the Securities and Exchange Commission (SEC) is still awaiting nominations for other positions from the Council of the Exchange, he is to replace Ndi Okereke-Onyiuke who was sacked on August 4, 2010. Competent source at the NSE confided in Daily Champion weekend that Onyeama was one of 131 who applied for the job, adding that the candidates were further scaled down to eight applicants who were interviewed by a recruitment panel made up of experts from the Johannesburg Stock Exchange (JSE), Accenture, a council member of the NSE and Emmanuel Ikhazoboh, current Interim administrator of the Exchange. According to the source, Oyneama�s selection by the Council of the Exchange has already been communicated to the SEC which is understood also want to conduct its own independent search on the candidate. Market analysts are of the opinion that considering the growing relationship between the US Stock Exchange and Nigerian capital market regulators in the last six months, it is unlikely that the SEC�s search will turn up any more than the results of searches conducted by the NSE. Though efforts to get reactions from top shots in the SEC on the development failed, it was understood that under the Securities and Investment Act of 1999, the SEC is empowered to register principal members of the NSE. It was however not clear if authorities at the SEC may void the selection even as market observers said Mr. Onyeama has the required pedigree for the position. Ikhazoboh had earlier said someone would definitely be selected before the end of December, 2010. Ballama Manu, Interim President/Council Chairman of the NSE also confirmed earlier that the Screening Committee had come out with recommendations to the Council on Monday November 22, 2010, and that this was approved with a few amendments. Accenture Nigeria, which was contracted to handle the selection process, had confirmed that 944 candidates applied for the four positions. These include that of the CEO and three Executive Directors (EDs). The firm affirmed that 131 applied for the post of CEO and about 813 applied for the EDs positions. Though Dr. Ndi Okereke-Onyiuke who was forced out from office on August over allegations of mismanagement is still in court over her sack, it was not yet clear whether the Ganiyu Solomon-led Senate Committee on Capital Market at the National Assembly which recently called for her reinstatement would welcome the latest development. |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by Becomrich12: 3:03am On Jan 03, 2011 |
, you saw someone bomb up a place, . We have to respect each other. |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 3:15am On Jan 03, 2011 |
^^^^ You ignorant tribalist (why did you delete your post?) http://www.amex.com/atamex/aboutAmex/execOfficers/am_abt_exeOnyema.html |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by Becomrich12: 3:18am On Jan 03, 2011 |
I know you are igbo. so you would defend this. But look at the people who made the decision. all of them finished national service less than 7 years ago. one of them just finished, another 4 years ago. and so. you live in a federation with law. that is pure 419
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Re: Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 3:21am On Jan 03, 2011 |
^^^^ It is about competence. Unfortunately for you, Igbos are very competent people. They only appear to suffer in Nigeria where mediocrity and man-know-man, rather than competence, are the rules. Outside, Igbos shine like the star. |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by aljharem11(m): 3:27am On Jan 03, 2011 |
omongbatic: this why i do not like you you are disgracing our igbo heritage everywhere why not stop posting and think |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by Becomrich12: 3:28am On Jan 03, 2011 |
it is not, if you do a lie detector test for all of this people. you would discover that they were just made to sign the paper. and two. who own Accenture Nigeria |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by Becomrich12: 3:30am On Jan 03, 2011 |
one them look like he still plays, play station 3. |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 3:31am On Jan 03, 2011 |
^^^ What is the connection between AMEX and SEC and Onyema and Accenture? |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 3:32am On Jan 03, 2011 |
alj harem1: You do not like me? Ask yourself if I appear to like you. What am I gonna do with your almajiri likeness? BTW, are Igbos not very competent people? What are you beefing at? |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by Becomrich12: 3:35am On Jan 03, 2011 |
you call me ethnic bigot. what if they impreach Jonathan tomorrow and replace Jonathan with a northerner, how does that sound to you. that sounf fair? |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 3:37am On Jan 03, 2011 |
Becomrich?:Jonathan's deputy is Hausa. If he is impeached, then his replacement by law, is his Hausa VP. I have no qualms with that |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by aljharem11(m): 3:39am On Jan 03, 2011 |
omongbatic: yes we know we are very competent but do not use it to spit other nigerians why do you use igbo name like this what exactly is ur mission here on NL do you think it is only NLer that read NL i think you should stop this "we are the best in everything" because it is pride and i am sure your bible spoke to u about pride and how it leads to down fall how many northerners do you see posting we are the best in military and etc how many yoruba/edo people do you see posting " yoruba are good in all they do" i think we all should be humble and see each other are brothers and work together. when last have you been to nigeria in nigeria now, there are a lot of inter marriages and people have stop this tribal thing |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by Becomrich12: 3:39am On Jan 03, 2011 |
we can make them impreach Jonathan Goodluck and replace him with a northerner. is that fair you are in a federation and you respect others people. |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by Becomrich12: 3:40am On Jan 03, 2011 |
Now have Jonathan broken the constitution of Nigeria since he became president? I am asking you a question |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by Becomrich12: 3:42am On Jan 03, 2011 |
so why did we not replace Ya r adua with a northerner? |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 3:44am On Jan 03, 2011 |
alj harem1:As an illiterate northerner, I know you feel VERY insecure. But what do you want me to do about it? Igbos are VERY competent people and I make no apologies. BTW, in these matters, I do not care about any other tribe, as it is not my business to do so. You only hear me mention Yoruba, etc, in response to a mention of Igbo. In this thread, I simply stated that Igbos are very competent and have not compared them to anyone else. So take your inferiority complex to almajiriland where you belong. Ewu awusa who wants to be Igbo. Tell me, what do we gain from accepting you as Igbo? Efulefu |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by Becomrich12: 3:45am On Jan 03, 2011 |
you are an igbo person. |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 3:46am On Jan 03, 2011 |
Becomrich?:Why would you replace Yaradua with a Northerne when his deputy, by law is the natural replacement? Are you trying to compare an elective post with established rules on replacement with a professional position that requires competence? So you too, are a quota system Nigerian? |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 3:47am On Jan 03, 2011 |
Becomrich?: Yes, and what then? |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by Becomrich12: 3:48am On Jan 03, 2011 |
it is the way he was selected, look at the people who selected this person |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by aljharem11(m): 3:49am On Jan 03, 2011 |
omongbatic: well >>> carry on with your pride and hate God be with you thank u for your time |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 3:52am On Jan 03, 2011 |
Becomrich?: Who selected him? Is NSE not the right body to select its head? The current head of NSE is from Edo (Mr. Ikhazobor or something like that). Read the quote below recruitment panel made up of experts from the Johannesburg Stock Exchange (JSE), Accenture, a council member of the NSE and Emmanuel Ikhazoboh, current Interim administrator of the Exchange. |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by Becomrich12: 3:54am On Jan 03, 2011 |
you call me ethnics bigot, is olalade not a Yoruba man.? |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 3:54am On Jan 03, 2011 |
Becomrich?: Does the law of NSE state that the deputy must replace the head/CEO? |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 3:55am On Jan 03, 2011 |
Why was Soludo not replaced by Tunde Lemo (Yoruba)? |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by Becomrich12: 3:56am On Jan 03, 2011 |
Do you see why people are bombing places in Nigeria. You know what, you people should just remove us, and handle your business. |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 3:57am On Jan 03, 2011 |
Accenture is, in part, a recruitment company and they are only doing the job they are paid to do. They have no say in the final decision though. They identify and interview candidates. |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 3:58am On Jan 03, 2011 |
Becomrich?: Remove yourself, just like Biafra tried to do 40 years ago. Nobody will do it for you. |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by Becomrich12: 3:58am On Jan 03, 2011 |
Did your people not try to replace Soludo with another Igboman, if not that we kick against it. Igbos tried to replace Soludo with another igbo, using back door. first of all Nairaland is own by igbo people to manipute the system. that why you edit post and others, to make other ethnics group look bad. |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 4:01am On Jan 03, 2011 |
Becomrich?: But was he replaced with another Igbo man? And who was even that Igbo man you talk about. Who are the we who kicked against it? So you mean after you kicked against it, they still bypassed you and gave it to Hausa/Fulani? I dey laugh. |
Re: Onyema To Replace Okereke-onyiuke As Nse Boss by omongbatic: 4:02am On Jan 03, 2011 |
Becomerich: All I know about Soludo was that Igbos tried to make the govt let him stay on. I did not read where they tried to replace him with another Igboman. So stop lying. |
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