Temi Popoola
Temi Popoola | |
|---|---|
Popoola in 2025 | |
| Born | June 17, 1980 |
| Citizenship | Nigerian |
| Education | University of Lagos, Massachusetts Institute of Technology,Harvard Business School |
| Occupation | Financial services executive |
| Years active | 2002–present |
| Known for | Group Managing Director and CEO of NGX Group Plc |
Temi Popoola (born 17 June 1980) is a Nigerian financial services executive and investment banker who serves as the Group Managing Director and Chief Executive Officer (GMD/CEO) of Nigerian Exchange Group (NGX Group).[1] He is also the Chairman of the Central Securities Clearing System Plc (CSCS) and NG Clearing Limited, two key market-infrastructure institutions within Nigeria’s capital-markets ecosystem.[2] A Wall Street–trained investment banker, Popoola previously served as Chief Executive Officer of Nigerian Exchange Limited.[3]
Before joining NGX Group, he held senior roles at Renaissance Capital[4], where he was CEO for West Africa, and earlier at CSL Stockbrokers, United Bank for Africa, and Bank of America Securities in New York.[5]
Biography
Popoola was born in London and holds a Bachelor of Science degree in Chemical Engineering (First Class Honours) from the University of Lagos in 2002.[6] He earned a Master of Science degree from the Massachusetts Institute of Technology in 2006, where he was twice awarded the MIT Rozeau Fellowship alumnus of Harvard Business School.[7] He is a Chartered Financial Analyst (CFA) charter-holder, obtained FINRA's Series 7 and 63 licensures and a fellow of the Chartered Institute of Stockbrokers (CIS).[8]
Career
Popoola began his career in London in 2002, working as a portfolio manager focused on African energy markets.[9]
In 2006 he joined Bank of America Securities in New York as an equity derivatives trader. In 2009, he joined United Bank for Africa PLC (UBA) as Head of Structured Products & Investments.[10]
He then served as Director of Sales & Sales Trading at CSL Stockbrokers (Lagos) from 2010 to 2015. In 2015, Popoola joined Renaissance Capital (“Rencap”) and rose to become CEO for Nigeria & West Africa.[11]
In 2021 he was appointed CEO of Nigerian Exchange (NGX) subsidiary following the demutualization of the former Nigerian Stock Exchange. On 29 December 2023, NGX Group announced his appointment as GMD/CEO-designate of NGX Group Plc, effective 1 January 2024, subject to regulatory approval.[5]
He has overseen initiatives such as NGX Invest, a digital platform that has facilitated over ₦2.3 trillion in capital formation, and Project B.L.O.O.M, a community health programme addressing child malnutrition in underserved areas of Lagos.[12]
In his role as the GMD, NGX Group has expanded its focus from market performance to measurable social and environmental impact through programmes like NGX Net-Zero.[13]
Under Popoola’s leadership, NGX Group has emphasized product innovation, market-infrastructure enhancement and regulatory engagement.[3]
See also
References
- ^ Nwachukwu, Iheanyi (2025-11-08). "NGX Group CEO says gender equity central to governance, profitability". Businessday NG. Retrieved 2025-12-02.
- ^ Nwachukwu, Iheanyi (2024-09-26). "Temi Popoola applauds Board diversity at CSCS as Adesola, Muhammed-Oyebode join". Businessday NG. Retrieved 2025-12-02.
- ^ a b Sylva, Victor (2025-07-16). "Popoola Links Stock Market s Growth to Reforms, Strong ..." Retrieved 2025-12-02.
- ^ "Buoyed by FG's Reforms to Stabilise Economy, Nigerian Stock Market Gains N28.52 Trillion in 11 Months – THISDAYLIVE". Retrieved 2025-12-02.
- ^ a b "NGX Group appoints Temi Popoola GMD/CEO-designate". Vanguard. 29 December 2023.
- ^ "Africa Summit 2025 Agenda - A FTLive Event". africa.live.ft.com. Retrieved 2025-12-02.
- ^ Wole (2025-08-13). "Temi Popoola: Investment expert instrumental to modernizing Nigerian capital market". StocksWatch. Retrieved 2025-12-02.
- ^ "Renaissance Capital appoints Temi Popoola as CEO for Nigeria". Businessday NG. 2015-09-17. Retrieved 2025-12-02.
- ^ Africa, B. I. (2023-10-31). "A growing commitment to taking a pan-African view: Interview with Temi Popoola, CEO, Nigerian Exchange Limited". Business Insider Africa. Retrieved 2025-12-02.
- ^ Salako, Taofik (2024-01-01). "My priorities as Stock Exchange's GMD, by Popoola". The Nation Newspaper. Retrieved 2025-12-02.
- ^ "Renaissance Capital names Temi Popoola CEO of Nigerian business". Reuters.
- ^ Nwachukwu, Iheanyi (2025-10-25). "N100trn market cap: NGX Group expanding definition of value". Businessday NG. Retrieved 2025-12-10.
- ^ Nwachukwu, Iheanyi (2025-07-03). "NGX Group secures funding support from DEG Impulse to kick start N-Zero programme". Businessday NG. Retrieved 2025-12-10.