Nigeria’s Leading Share Registration and Data Management Firm, Africa Prudential Plc, Appoints Two New Directors
Africa Prudential Plc, a respected share registration and data management company with over five decades of experience in Nigeria’s capital market, has announced the appointment of two seasoned professionals to its board. The appointments, subject to the approval of the Securities and Exchange Commission, are expected to boost the company’s strategic decision-making and overall performance.
Mr. Oluwaseyi Abe, a renowned expert in stockbroking, investment management, and financial services, has been appointed as an Independent Non-Executive Director of the company. Mr. Abe brings with him a wealth of experience garnered from his previous roles, including serving as the Managing Director and Chief Executive Officer of Magnartis Finance and Investments Limited. His impressive career highlights his commitment to excellence, innovation, and leadership in Nigeria’s financial markets.
Notably, Abe has previously held key positions in various regulatory institutions, including the Nigerian Exchange Group (NGX), the Securities and Exchange Commission (SEC), and the Central Bank of Nigeria (CBN). His tenure as the President and Chairman of the Council of the Chartered Institute of Stockbrokers in 2015 further underscore his expertise and leadership abilities.
Similarly, Mr. Chidi Okpala, a visionary leader in the fintech industry, has been appointed as a Non-Executive Director of Africa Prudential Plc. He is the founder and leader of Asante Financial Services Group, a fintech company that provides credit solutions to micro, small, and medium-sized enterprises (MSMEs) across Kenya, Uganda, and Rwanda. Under his leadership, the company has achieved remarkable success, onboarding over 520,000 MSME customers and offering embedded digital credit solutions within the value chains of large corporates.
Okpala’s achievements in streamlining credit processes, reducing loan application-to-disbursement time to under 60 seconds, and securing over 20 high-impact B2B partnerships across key industries are testaments to his leadership and vision. He has also played a crucial role in raising $15 million in equity, debt, and convertible debt financing to support the company’s expansion.
In a statement, Africa Prudential Plc expressed confidence in the new appointments, emphasizing that the company expects the directors to leverage their extensive knowledge, expertise, and independent judgment on matters of strategy and performance to sustain stakeholders’ trust and confidence.
The appointments took effect from January 28, 2024, pending the approval of the Securities and Exchange Commission. Africa Prudential Plc’s new directors are expected to make significant contributions to the company’s growth and success in the Nigerian capital market.
Africa Prudential Plc is a leading provider of share registration and data management services, with a strong reputation for excellence and a deep understanding of the Nigerian capital market. The company’s commitment to innovation, leadership, and customer satisfaction has earned it a reputation as a trusted partner for businesses and investors in Nigeria.
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