Onukwe Succeeds Ezeagu as ASHON’s Chairman

There was a change of baton at the Association of Securities Dealing Houses of Nigeria (ASHON) at the weekend, as Mr Sam Onukwue emerged the new Chairman, following statutory retirement of Onyewenchukwu, after five years of meritorious service.

Under the new change of leadership, Mr Sehinde Adenagbe, the Second Vice Chairman and Ms Ifeyinwa Ejezie, the Public Relations Officer, also scaled up the corporate ladder to emerge the First and Second Vice Chairman respectively.

Prior to his election as the Chairman of ASHON at the Association’s hybrid Annual General Meeting at the weekend, Onukwue was the First Vice Chairman. He had also served as the Assistant Financial Secretary, Financial Secretary and General Secretary.

Addressing the shareholders at the meeting, Ezeagu highlighted some of the spectacular achievements during his tenure:

“ Without the risk of immodesty for blowing one’s trumpet, it is considered important at this grand occasion to put on record the few things we were able to achieve. These include but not limited to creation of visibility for the Association as a respected voice in Capital Market issues, widening the scope of income generating activities for our members outside the NGX and NASD platforms by promoting the Lagos Commodities and Features Exchange, our representatives negotiated with the relevant parties on the Demutualization of NGX Group and our members got a favourable share of 78 per cent holding, the presentation of the Position of the Association during the Joint Public Hearing on the Demutualization Bill and Unclaimed Dividends at the National Assembly, meetings with Market Elders, Past and Present Chairmen of NGX Council on the way forward for the market amongst others.” Said Ezeagu.