The Chartered Institute of Stockbrokers (CIS) has elected Jude Chiemeka, chief executive officer of Nigerian Exchange Limited (NGX), as the Institute’s 2nd vice president following a keenly contested election, placing him firmly on the succession path to the presidency of Nigeria’s foremost capital market professional body within the next four years.
The development is widely viewed within the financial services industry as a strategic move that could further strengthen collaboration between Nigeria’s capital market institutions and deepen ongoing reforms aimed at improving market transparency, investor confidence and professional standards across the investment ecosystem.
In a statement issued after the election, CIS said Chiemeka would work closely with the Institute’s 14th president and chairman of Governing Council, Fiona Ahimie, in advancing the objectives of the professional body and supporting the continued growth and integrity of the Nigerian capital market.
Ahimie’s emergence also marks a historic milestone for the Institute, as she becomes the first female president of CIS since its establishment, underscoring a broader shift toward inclusiveness and leadership diversification within the country’s financial sector.
Chiemeka, a Fellow and Council Member of CIS, currently serves as chairman of the West African Capital Markets Integration Council (WACMIC), a regional platform driving cross-border market integration among West African exchanges. He is expected to be formally sworn in on June 25, 2026, alongside the newly elected president and other members of the Institute’s leadership team.
With more than three decades of experience spanning securities trading, asset management, investment banking and capital markets development, Chiemeka has built a reputation as one of the country’s most influential market operators.
Since joining the former Nigerian Stock Exchange in 2019 as divisional head of trading business, he has occupied several strategic leadership positions, including divisional head of capital markets and executive director, capital markets, before emerging as chief executive officer of NGX.
Under his leadership at NGX, the Exchange has intensified efforts around product diversification, digital market infrastructure and regional market integration as competition for global investment capital continues to grow among emerging and frontier markets.
Before joining NGX, Chiemeka held senior leadership roles across some of Nigeria’s leading investment firms. At United Capital Securities Limited, he championed the first cross-border trading initiative under the West African Capital Market Integration framework, a landmark initiative aimed at enabling seamless trading across participating regional exchanges.
He also led the issuance and listing of the first Eurobond Mutual Fund valued at $10 million on NGX, alongside the Wealth for Women Mutual Fund, the first gender-focused mutual fund listed on the Exchange.
Prior to that, he served as managing director and chief executive officer of Chapel Hill Denham Securities, where he successfully repositioned the firm into the top tier of brokerage houses responsible for more than 70 percent of market trades while securing a four percent market share.
Chiemeka also previously led RenCap Securities Nigeria Limited as chief executive officer and served as head of securities trading at Afrinvest West Africa Limited, where he played significant roles in several landmark capital market transactions, including the first Global Depository Receipts transaction executed on the floor of the Nigerian Stock Exchange.
Beyond the Nigerian market, Chiemeka remains actively involved in several international and professional institutions, including the Institute of Directors, the Chartered Institute for Securities and Investment and the Association of Investment Advisers and Portfolio Managers.
An alumnus of the University of Oxford, Lagos Business School and the University of Lagos, Chiemeka’s elevation within CIS is expected to further consolidate the Institute’s influence in shaping policy conversations around market development, investor education and regional capital market integration across Africa.
The Chartered Institute of Stockbrokers (CIS) has elected Jude Chiemeka, chief executive officer of Nigerian Exchange Limited (NGX), as the Institute’s 2nd vice president following a keenly contested election, placing him firmly on the succession path to the presidency of Nigeria’s foremost capital market professional body within the next four years.
The development is widely viewed within the financial services industry as a strategic move that could further strengthen collaboration between Nigeria’s capital market institutions and deepen ongoing reforms aimed at improving market transparency, investor confidence and professional standards across the investment ecosystem.
In a statement issued after the election, CIS said Chiemeka would work closely with the Institute’s 14th president and chairman of Governing Council, Fiona Ahimie, in advancing the objectives of the professional body and supporting the continued growth and integrity of the Nigerian capital market.
Ahimie’s emergence also marks a historic milestone for the Institute, as she becomes the first female president of CIS since its establishment, underscoring a broader shift toward inclusiveness and leadership diversification within the country’s financial sector.
Chiemeka, a Fellow and Council Member of CIS, currently serves as chairman of the West African Capital Markets Integration Council (WACMIC), a regional platform driving cross-border market integration among West African exchanges. He is expected to be formally sworn in on June 25, 2026, alongside the newly elected president and other members of the Institute’s leadership team.
With more than three decades of experience spanning securities trading, asset management, investment banking and capital markets development, Chiemeka has built a reputation as one of the country’s most influential market operators.
Since joining the former Nigerian Stock Exchange in 2019 as divisional head of trading business, he has occupied several strategic leadership positions, including divisional head of capital markets and executive director, capital markets, before emerging as chief executive officer of NGX.
See also:Ahimie emerges first woman to lead CIS in 30+ years
Under his leadership at NGX, the Exchange has intensified efforts around product diversification, digital market infrastructure and regional market integration as competition for global investment capital continues to grow among emerging and frontier markets.
Before joining NGX, Chiemeka held senior leadership roles across some of Nigeria’s leading investment firms. At United Capital Securities Limited, he championed the first cross-border trading initiative under the West African Capital Market Integration framework, a landmark initiative aimed at enabling seamless trading across participating regional exchanges.
He also led the issuance and listing of the first Eurobond Mutual Fund valued at $10 million on NGX, alongside the Wealth for Women Mutual Fund, the first gender-focused mutual fund listed on the Exchange.
Prior to that, he served as managing director and chief executive officer of Chapel Hill Denham Securities, where he successfully repositioned the firm into the top tier of brokerage houses responsible for more than 70 percent of market trades while securing a four percent market share.
Chiemeka also previously led RenCap Securities Nigeria Limited as chief executive officer and served as head of securities trading at Afrinvest West Africa Limited, where he played significant roles in several landmark capital market transactions, including the first Global Depository Receipts transaction executed on the floor of the Nigerian Stock Exchange.
Beyond the Nigerian market, Chiemeka remains actively involved in several international and professional institutions, including the Institute of Directors, the Chartered Institute for Securities and Investment and the Association of Investment Advisers and Portfolio Managers.
An alumnus of the University of Oxford, Lagos Business School and the University of Lagos, Chiemeka’s elevation within CIS is expected to further consolidate the Institute’s influence in shaping policy conversations around market development, investor education and regional capital market integration across Africa.
