The Board of Directors of NASD Plc has announced the retirement of Eguarekhide Longe as its Managing Director following a meritorious career spanning over three decades in Nigeria’s financial services industry and a successful tenure leading NASD Plc.
Following Longe’s retirement, the Board has approved the appointment of Chinwendu Nwabueze Ekeh as the acting Managing Director of NASD Plc, effective immediately, pending the appointment of a substantive Managing Director and receipt of all required regulatory approvals.
In a statement from NASD, Longe retires after years of exemplary service characterised by visionary leadership, strategic innovation, and significant contributions to the development of Nigeria’s capital market.
During his stewardship of NASD Plc, Longe, a consummate professional with over 30 years of experience in financial services and business analytics, played a pivotal role in strengthening the Over-the-Counter (OTC) securities market, enhancing market transparency, broadening investor participation, and advancing the Company’s strategic objectives.
Longe’s professional journey began at Fidelity Finance Company as an Investment Analyst, followed by roles at Hamilton Hammer & Co. Limited and Securities Transactions & Trust Co. Limited (now Afrinvest West Africa), where he rose to become Vice President, Sales and Business Development. He subsequently served as Capital Market Analyst at Shell Trustees Nigeria Limited, Head of Financial Advisory at First Funds Limited, Managing Director/CEO of Kakawa Asset Management Limited, Head of Asset Management at Diamond Capital Limited, and Managing Director of AIICO Pension Managers Limited. before assuming leadership of NASD Plc.
