Nigerian Exchange Group Plc and its subsidiaries deeply mourn the loss of one of its founding fathers, Akintola Williams, CFR, CBE, FCA, who died on Monday at the remarkable age of 104.
Mr Williams was instrumental in establishing the Nigerian Stock Exchange (NSE), now Nigerian Exchange Group Plc following its demutualisation in 2021. As a member of the National Council of the Exchange, his contributions significantly fostered the expansion of the Exchange’s listing portfolio, and he played a pivotal role in instituting regulations that lowered the hurdles for companies seeking to be listed on The Exchange.
Commenting, the Group Chief Executive Officer of NGX Group, Oscar N. Onyema, OON, expressed, “This is a profound loss for the Nigerian capital market and the nation as a whole. Nigeria bids farewell to one of its most distinguished professionals and forward-thinking corporate leaders. His memory is forever etched in the history of the Nigerian capital market as one of the greats. Pa Akintola Williams’ contributions to the capital market and organized private sector will remain enduring references, and we deeply appreciate his contributions.