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Ifueko Omoigui, 3 others join CSCS Board


The Central Securities Clearing System, CSCS, Plc has announced the appointment of Mrs Ifueko Omoigui Okauru, Sola Adeeyo, Mr. Abubakar Danlami Sule and Mr. Bayo Olugbemi to its Board of Directors.

Mrs Ifueko Omoigui, who was the first Executive Chairman of the Federal Inland Revenue Service, FIRS, and Sola Adeeyo, a director and owner of Protea Hotel, Oakwood Park were appointed as Independent Directors, while Bayo Olugbemi, Managing Director/CEO, First Registrars Limited and Abubakar Danladi Sule, Executive Director in charge of Corporate Banking, Sterling Bank Plc were appointed as Non-Executive Directors.

Commenting on the appointment, Mr. kyari Bukar, Managing Director, CSCS, said “the appointment was in compliance with enshrined Corporate Governance Code of the Securities and Exchange Commission (SEC). He stated that Messrs. Sule and Olugbemi’s appointment as Non-Executive Directors had received unanimous approval at the company’s last Annual General Meeting (AGM) held in Lagos, while that of Omoigui-Okauru and  Adeeyo would be presented to shareholders for ratification at the next Annual General Meeting (AGM).

Speaking further, Kyari said “These appointments demonstrate the company’s commitment to sustaining its leadership position as a significant financial market infrastructure in the Nigerian capital market.

Ifueko Omoigui  is the current Managing Partner of Compliance Professionals Plc. and also a part-time member of the United Nations (UN) Committee of Experts on International Cooperation in Tax Matters as well as a member of the Board of Trustees of DAGOMO Foundation Nigeria (Limited by Guarantee) – a family based Non Governmental Organization geared towards community development.

Adeeyo is also the Chairman/CEO Astral Waters Limited. He served as the pioneer managing director of Asset & Investment Limited; a company he midwifed and held the position of Chief helmsman from 1991 to 2001.

Sule is an Accounting graduate from the Ahmadu Bello University with over 22 years working experience in the banking industry having served in various capacities. He spent his first six years working in supervisory and management roles at the Central Bank of Nigeria (CBN) after which he assumed prominent positions in leading financial institutions in Nigeria.

Mr. Bayo Olugbemi holds a in Accounting from the University of Lagos and a Masters Degree in Business Administration (MBA) from Lagos State University, specialising in International Business Management.

He began his Investment Banking career in the Registrars Department of Union Bank of Nigeria Plc (now Union Registrars) and has pioneered many Registrar outfits such as Rims Registrars, United Securities Limited, Diamond Bank Registrars and NAL Registrars Limited (now Sterling Registrars), among many others. Bayo has extensive experience in the areas of Investment Banking and portfolio Management.


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