The Central Securities Clearing System (CSCS) Plc. has appointed Mrs Bola Adesola and Dr Aisha Muhammed-Oyebode to its Board of Directors.Mr Temi Popoola, Chairman, Board of CSCS, announced this in a statement on Wednesday in Lagos.
Popoola said the appointments reflected the firm’s commitment to strengthening its leadership with highly experienced professionals who would bring extensive expertise across key sectors.
He stated that the addition of Adesola and Muhammed-Oyebode supported CSCS’s strategy of enhancing governance and leadership, during this critical phase of the company’s growth.
The CSCS chairman noted that the significant achievements of the two new directors in financial services, corporate governance and social impact would contribute to the company’s continued success in the Nigerian capital market.“The appointment of these two exceptional professionals not only underscores our continued dedication to fostering diversity within the board, but also reflects our confidence in the lasting contributions these individuals will make.
“With their extensive expertise in the financial services, governance and corporate strategy, their insights are expected to significantly influence the future success of our company,” he said.
Mr Haruna Jalo-Waziri, Managing Director/Chief Executive Officer of CSCS, said that the firm was dedicated to creating an environment where diverse perspectives are valued and encouraged.
Jalo-Waziri noted that appointing two highly accomplished women to the company’s board, not only enhanced its leadership team but also set a precedence for the entire industry.
“We believe that their contributions will drive meaningful change and inspire future generations of women leadership,” he said.
Commenting, Mrs Bola Adesola, expressed honour at joining the Board of CSCS, being an organisation that had consistently driven market innovation and efficiency.
Adesola said: “I look forward to contributing my experience in financial services and governance to support the CSCS in achieving its strategic goals and sustaining its leadership in the capital market.
Dr Aisha Muhammed-Oyebode also expressed her enthusiasm at joining the Board of CSCS, being an institution that had been instrumental in driving the growth and transformation of the Nigerian capital market.
“I look forward to working alongside my fellow board members to drive growth and innovation for the benefit of all stakeholders,” she said.
Adesola is an accomplished banker with over 33 years of experience and currently serves as Chairman of Ecobank Nigeria and the Lagos State Employment Trust Fund.
Her career includes senior leadership roles such as senior vice-chairman, Africa at Standard Chartered Bank and chief executive officer of Standard Chartered Bank Nigeria and West Africa.
She is co-founder of Women in Management, Business and Public Sector (WIMBIZ), an initiative aimed at empowering women in leadership positions.
Adesola is an alumna of Harvard Business School and Lagos Business School and holds a law degree from the University of Buckingham, UK.
Her dedication to the economic empowerment of women is reflected in her mentoring efforts, through which she inspires future leaders.
On her part, Muhammed-Oyebode is the Group Chief Executive Officer (CEO) of Asset Management Group (AMG) Ltd., and Chief Executive Officer of the Murtala Muhammed Foundation, an organisation dedicated to social and economic development in Africa.
She also chairs Lekoil Ltd., and has contributed significantly to corporate governance across multiple industries.
With a strong legal background, Muhammed-Oyebode has worked with various global financial institutions and has led several socio-economic initiatives across the continent.
Muhammed-Oyebode holds a PhD in Law from SOAS, University of London, along with advanced degrees from King’s College, London and Imperial College London.
Her work in conflict resolution and women’s leadership initiatives underscores her commitment to sustainable development and governance.
CSCS is Nigeria’s premier Central Securities Depository (CSD), serving the Nigerian capital market for over two decades with a diversified shareholder base, including the NGX Group, leading banks, and investment firms.
