The Nigerian Stock Exchange (NSE) on Thursday, August 27, 2020 has announced the appointment of the Group Managing Director of Cordros Capital Limited, Mr. Wale Agbeyangi as the new Chairman of the Exchange’s Product Advisory Committee on Equities.

The nine-man Committee, among others, is charged with providing expert advisory insights on equity products to further strengthen and deepen the Nigerian Capital Market.

Other new committee memberships announced by the NSE include Fixed Income, ETFs, and Derivatives Product Advisory Committees. According to a statement released last week by the NSE through its official website, “The Committees are made up of renowned professionals with expertise, experience and footprint in local and global financial markets who will support and advise The Exchange on emerging trends in the areas of product development and market structure. They will also be tasked with the responsibility of recommending strategic initiatives that will boost market liquidity, deepen and develop the Nigerian capital market.

Speaking on the development, the Chief Executive Officer, NSE, Mr. Oscar N. Onyema, OON noted that, “The Exchange is resolute in its ambition to become Africa’s preferred multi-asset securities exchange. We have, therefore, constituted these Product Advisory Committees to leverage the vast experience, diverse viewpoints and extensive networks of financial market technocrats to further strengthen and deepen our market. We are confident that the Committees will discharge their duties excellently to help us meet the needs of both local and international stakeholders while making The Exchange globally competitive.”