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JP Morgan Executive Tipped for NSE Top Job
- By Williams Ekanem
- Published August 16th, 2010
- Washington File
- Unrated
WITH the removal of the Nigerian Stock Exchange (NSE) director general, Dr Ndi Okere-Onyuike by the Securities and Exchange Commission (Sec), speculations are rife in the USA that Yvonne Fasinro, JP Morgan Chase Country Lead for Nigeria, may soon be named the substantive director general.
Mrs. Fasinro is a Senior Vice President at JP Morgan Chase, one of the world’s biggest financial services institutions with assets worth $1.1 trillion and operations in more than 50 countries. She is an Ernst and Young trained Chartered Accountant who holds a BSc in Economics. She joined JP Morgan in 1994 and in that time has worked in the private bank, investment bank, and in a variety of roles in the fixed income, credit, equity, and equity derivatives businesses.
In a related development, Okerek-Onyiuke is not likely to attend the New York Stock Exchange and African Investor Index series summit billed for September 21 in New York, USA.
This is consequent upon her ouster as the director general of the NSE a fort night ago.
The NYSE and Africa Investor second annual Index series aims to highlight Africa as an investment destination and is part of a major international event linking African and US capital markets.
Although Ndi Okereke_onyiuke may not make it to the conference, another Nigerian participant, Stephen Olabisi Onasanya Group Managing director and CEO of First Bank Plc is likely to be in attendance.
Mr. Donald Kaberuka, the seventh elected African Development Bank Group (AfDB) President will serve as the keynote speaker. Kaberuka was educated in Tanzania and the United Kingdom where he obtained his M Phil (Econ) and a PhD in Economics from Glasgow University in Scotland.
Prior to joining the bank, Mr. Kaberuka served as Rwanda’s finance and economic planning minister from 1997 to 2005, and has been widely acknowledged as the country’s principal architect of its successful post-war reconstruction and economic reform program, including the independence of the country’s central banks. As the country’s finance and economic planning minister, the AfDB President served as Rwanda’s governor at the World Bank, the International Monetary Fund (IMF) and the African Development Bank.
A press conference will complete the day’s events followed by a cocktail reception and dinner at the NYSE to award 2009 Ai Index Series awards winners.
The Africa Investor Index Series awards recognize and reward the best performing leaders from Africa’s capital market community. The Ai Index Series awards are the foremost African awards that recognize stock markets, listed companies, fund managers, stockbrokers and analysts who follow African equities.
The awards are sponsored by the African Development Bank, CNN, Thomson Reuters, NYSE Euronext and are supported by the African Securities Exchanges Association (ASEA) and the NEPAD Business Group.
Africa investor is a specialist investment communications firm advising governments, international organizations and businesses on communication strategies for capital market and foreign direct investments in Africa.
Africa investor publishes africa-investor, the leading international news stand magazine for Africa’s investment decision makers; maintains the Ai 40 Investors’ Index, hosts the prestigious annual Africa investor Awards and the annual Ai Projects Summit for infrastructure investors and developers.
Mrs. Fasinro is a Senior Vice President at JP Morgan Chase, one of the world’s biggest financial services institutions with assets worth $1.1 trillion and operations in more than 50 countries. She is an Ernst and Young trained Chartered Accountant who holds a BSc in Economics. She joined JP Morgan in 1994 and in that time has worked in the private bank, investment bank, and in a variety of roles in the fixed income, credit, equity, and equity derivatives businesses.
In a related development, Okerek-Onyiuke is not likely to attend the New York Stock Exchange and African Investor Index series summit billed for September 21 in New York, USA.
This is consequent upon her ouster as the director general of the NSE a fort night ago.
The NYSE and Africa Investor second annual Index series aims to highlight Africa as an investment destination and is part of a major international event linking African and US capital markets.
Although Ndi Okereke_onyiuke may not make it to the conference, another Nigerian participant, Stephen Olabisi Onasanya Group Managing director and CEO of First Bank Plc is likely to be in attendance.
Mr. Donald Kaberuka, the seventh elected African Development Bank Group (AfDB) President will serve as the keynote speaker. Kaberuka was educated in Tanzania and the United Kingdom where he obtained his M Phil (Econ) and a PhD in Economics from Glasgow University in Scotland.
Prior to joining the bank, Mr. Kaberuka served as Rwanda’s finance and economic planning minister from 1997 to 2005, and has been widely acknowledged as the country’s principal architect of its successful post-war reconstruction and economic reform program, including the independence of the country’s central banks. As the country’s finance and economic planning minister, the AfDB President served as Rwanda’s governor at the World Bank, the International Monetary Fund (IMF) and the African Development Bank.
A press conference will complete the day’s events followed by a cocktail reception and dinner at the NYSE to award 2009 Ai Index Series awards winners.
The Africa Investor Index Series awards recognize and reward the best performing leaders from Africa’s capital market community. The Ai Index Series awards are the foremost African awards that recognize stock markets, listed companies, fund managers, stockbrokers and analysts who follow African equities.
The awards are sponsored by the African Development Bank, CNN, Thomson Reuters, NYSE Euronext and are supported by the African Securities Exchanges Association (ASEA) and the NEPAD Business Group.
Africa investor is a specialist investment communications firm advising governments, international organizations and businesses on communication strategies for capital market and foreign direct investments in Africa.
Africa investor publishes africa-investor, the leading international news stand magazine for Africa’s investment decision makers; maintains the Ai 40 Investors’ Index, hosts the prestigious annual Africa investor Awards and the annual Ai Projects Summit for infrastructure investors and developers.
