Head, Listings Regulation Department

• Nov 2017 - Present

The Head of Department have the overall responsibility for the administration and execution of the activities of the Listings Regulation Department of NGX Regulation Limited by ensuring that listing applications meet NGX listing requirements, ensuring compliance of listed companies with NGX’s listing regulations and enforcing the listings rules in a manner that is fair efficient and transparent.RESPONSIBILITIES • Develop key performance indicators and drive the implementation of the plans and strategies for the Department; • Provide assurance on the integrity of the end-to-end appraisal process for applications for listings of securities and other applications such as block divestments and placements on NGX; • Understand and keep abreast of every aspect of the securities issuance process for the primary and secondary markets; • Supervise the review and analysis of applications and ensure that there is full compliance with all applicable laws, rules and regulations, during the process; • Make reasoned recommendations on applications reviewed and analyzed, to Management, Board and Committee(s) of the Board as appropriate; • Support Management and Board’s decision making in connection with all applications that come before NGX; • Collaborate with other regulatory agencies to ensure strong regulatory environment; • Understand and interpret Capital Market Rules, Codes and Regulations. • Understand and continue to improve the listing rules of The Exchange; • Update and review rules periodically to ensure they align with IOSCO principles and objectives of securities regulation; • Update and review rules periodically to ensure they align with Corporate Governance best practices;• Monitor and supervise the compliance performance of Issuers to ensure adherence with The Listing Requirements of NGX; • Ensure that sanctions are applied in an impartial, consistent and transparent manner; and• Organize periodic training programs for Issuers.

Acting Head, Listings Regulation Department

• Apr 2017 - Oct 2017

Head, Listings Compliance

• Feb 2016 - Mar 2017

Head, Listings Compliance Unit of the Listings Regulation Department. • Analyzes Issuers’ compliance with IFRS and IAS provisions and its applicability to specific industries and ensure that all renditions to the Exchange meet relevant accounting standards; are submitted timely and such reports are not window dressed. Any rendition not in line with relevant accounting requirements or window dressed should not be approved and feedback is communicated to the affected Company within one (1) day of observation for resubmission.• Ensures that Issuers are operating within the post listing requirement of The Exchange and regulatory actions are taken against all Companies who violate any of the post listing requirements within 24hrs of observing the breach • Provides support to Issuers on Compliance matters on a daily basis and ensure that information emanating from Issuers to the public are factual, fulsome and not misleading• Manages and organize seminars and workshops for Company Secretaries, Directors, CFOs, and Audit Committee members on a quarterly basis to ensure they are up to date with The Exchange Issuers' Rules and Regulations• Acting as the liaison officer between The Exchange and EFCC in charge of the onboarding process of the NSE/EFCC MOU including maintaining strategic relationships, the training and awareness campaigns, and referrals to the EFCC for investigation as well as tracking cases till their conclusion• Representing The Exchange on the Consolidated Supervision ad-hoc Committee of The Financial Services Regulatory Coordinating Committee (FSRCC)• Other responsibilities include:- Statutory reporting- Issuers’ rules development- Investors relationship management- Corporate Governance- General administration of the department including management of people, finances and other resources to ensure that the department operates within approved budget and set targets for it.

Unit Head, Monitoring & Enforcement

• Jul 2011 - Feb 2016

• Enforcement of The Exchange's zero tolerance policy; ensures that appropriate sanctions including fines, penalties, suspensions etc are recommended against defaulting Dealing Member Firms in line with the Rules and Regulations Governing Dealing Members of The Exchange• Reviewing all renditions to the Exchange to ensure that they meet relevant accounting standards; are submitted timely and such reports are not window dressed• Drive the implementation of Risk Based Supervision for the Broker Dealer Regulation of the Nigerian Stock Exchange and supervise the risk profiling and classification of Dealing Members into tiers on a quarterly basis• Periodic monitoring of Dealing Member Firms of The Nigerian Stock Exchange to ensure that they are operating within the minimum capital requirement of The Exchange and relevant sanctions are applied on any firm whose capital falls below the threshold• Collate and analyze on a regular basis the monthly domestic and foreign transaction reports from Dealing Members; and prepares the monthly Foreign Portfolio Investment (FPI) report of The Nigerian Stock Exchange • Lead assigned on-site and off-site inspections of dealing member firms to ensure compliance with the minimum standard requirements of The Nigerian Stock Exchange.• Deputize for the Head of the Broker Dealer Regulation department in managing the affairs of the department in the absence of the HOD as follows: Interface with both internal and external stakeholders Coordinate bi- weekly department meetings Attend management meetings as at when due. Prepares and manage the department’s budget• Preparation of draft and final inspection reports• Coordinating the implementation of the adoption of International Financial Reporting Standards (IFRS) by Dealing Member Firms of The Exchange• Investigating reported cases of unauthorized sales of investors’ stocks and other related matters; and escalate established cases of fraud to the EFCC.

Senior Audit Associate

• Jun 2009 - Jul 2011

• Planning and execution of audit assignments• Leading and coordination of audit team in the field• Evaluation of the control system (Design & implementation and Operating effectiveness) of an entity .• Substantive audit procedures (Analytical and detail testing) • Evaluate appropriateness of accounting policies used in preparing financial statements• Preparation of audit report using applicable accounting standards• Provision of value-adding management reports detailing client’s control and operational weaknesses, possible consequences and recommendations thereon* Audit in charge responsible for managing the audit team on site

Audit Associate

• May 2006 - Jun 2009

• Audit Planning and team supervision• Investigation of doubtful account balances on the balance sheet• Testing all lines of revenue for completeness and validity• Detailed review of the income statement and the balance sheet• Design & Implementation test of internal controls• Operating effectiveness test of internal controls• Detailed testing of journal entries• Management reporting • Audit Planning and team supervision• Investigation of doubtful account balances on the balance sheet• Testing all lines of revenue for completeness and validity• Detailed review of the income statement and the balance sheet• Design & Implementation test of internal controls• Operating effectiveness test of internal controls• Detailed testing of journal entries• Management reporting

Quantity Surveyor

• Aug 2005 - May 2006

Responsibilities: Preparation of bills of quantities and contract documents Estimating and costing Preparation and assessment of tender documents Preparation of tender reports Cost control and project management Responsibilities: Preparation of bills of quantities and contract documents Estimating and costing Preparation and assessment of tender documents Preparation of tender reports Cost control and project management

Assistant Quntity Surveyor

• Sep 2004 - Aug 2005

 Preparation of estimates for renovation works Physical assessment/measurement of existing structures for the purpose of renovation works Preparation of dilapidation schedules Preparation of materials and labour schedules for direct labour works  Preparation of estimates for renovation works Physical assessment/measurement of existing structures for the purpose of renovation works Preparation of dilapidation schedules Preparation of materials and labour schedules for direct labour works