A new boss was named yesterday for the Nigerian Stock Exchange (NSE). He is Mr Oscar Onyema, computer engineer and finance expert.

He replaces Mr. Emmanuel Ikazoboh, the interim administrator appointed by the Securities and Exchange Commission (SEC).

Onyema’s appointment was ratified by the 56th meeting of the NSE yesterday. SEC spokesman Lanre Oloyi said the Commission was extremely pleased with the rigorous and transparent process that produced Onyema.

Onyema holds a B.Sc Computer Engineering degree from Obafemi Awolowo University, Ile-Ife, Nigeria and an MBA, Finance and Investments, Ziklin School of Business, Baruch College, New York.

Executive Biography

Oscar Onyema was the Senior Vice President and Chief Administrative Officer of the American Stock Exchange. Mr. Onyema served as a primary liaison among various Amex operating divisions, the trading floor community, and external constituents.

In addition, he was responsible for strategy and competitive analysis, Membership and Registration Department and Market Data Services Department.

Mr. Onyema had been instrumental in Amex's preparation for Regulation NMS, and serves on several industry committees including CTA Operating Committee, NASDAQ UTP Plan Operating Committee, and SIFMA / FIF Regulation NMS working group.

Mr. Onyema joined the Amex in January 2001, and has served in various positions, most recently as Vice President and Chief Administrative Officer.

Before joining the Amex, Mr. Onyema worked at the New York Mercantile Exchange (NYMEX) as Senior Analyst, Business Planning and Development. He also worked at DPMS (IBM Business Partner) as a Marketing Executive marketing IBM mid-range systems.

Mr. Onyema received an MBA in Finance and Investments from Baruch College in New York City. He served as an adjunct lecturer at the Economics Department of Pace University for five years, and is a frequent public speaker on market structure and market data issues.

Great Ife. Do us proud, Oscar.

Jarus:

Great Ife. Do us proud, Oscar.

On one hand you criticize the faculty, on the other hand you want to associate with the great name

Bipolar much?

emm. . .dat name actually looks igbo

fstranger1:

On one hand you criticize the faculty, on the other hand you want to associate with the great name

Bipolar much?

If I guess right, saying that, you must have come across one of my articles on Ife. Well, no contradiction, I said I wasn't impressed we Ife products have been too silent on issues Great Ife of old will not be silent on, and, here, I'm asking this new appointee to do us proud.