Sarah Alade retires as FMDQ OTC Securities chairman

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Dr Sarah Alade

Dr Sarah Alade on Friday retired as the Chairman, FMDQ OTC Securities Exchange following her retirement from the Central Bank of Nigeria (CBN).

Alade was the CBN representative on the board of FMDQ.

Alade announced her retirement at the FMDQ fifth Annual General Meeting (AGM) in Lagos for the year ended Dec. 31, 2016.

She told shareholders that she would be replaced as the Chairman by Mr Joseph Nnanna, CBN Deputy Governor.

Alade commended the shareholders of the company, her fellow board members, the staff and management of FMDQ for according her the pleasure of serving them.

“It is a privilege to lead the FMDQ Board since 2014, barely eight months after the launch of the OTC Exchange onto the Nigerian financial markets, the time has come for me to say goodbye, as I will be retiring from the board effective April 28, 2017,’’ she said.

She said that the…

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