…Recognises Retired Group Chairman and Directors for their meritorious service
FMDQ Group PLC (“FMDQ Group” or the “Group”), as a critical financial market infrastructure group in Nigeria, is cognisant of the important role the financial markets play in the stability and growth of any economy. Despite the slow economic growth, FMDQ’s markets (i.e., Fixed Income, Currencies, and Derivatives markets) have continued to show resilience, and it is on this premise that FMDQ Group considers it pertinent to recognise the contributions of its market participants, including its Members, regulators, government agencies, local and foreign portfolio investors, corporates and a host of others, through the FMDQ GOLD Awards (“GOLD Awards”).
Instituted in 2018 to mark the 1st FMDQ Group Lustrum and now in its 5th year, the 2022 FMDQ GOLD Awards was commemorated in a grand ceremony, the first physical ceremony since the onset of the Coronavirus pandemic, on Friday, November 11, 2022, in Lagos. The very well-attended prestigious GOLD Awards was headlined by the Vice President of the Federal Republic of Nigeria, Professor Yemi Osinbajo, SAN, GCON, as the Special Guest of Honour, ably represented by Mr. Alexander Okoh, Director-General, Bureau of Public Enterprises, brought together various stakeholders in the FMDQ markets and provided a platform to acknowledge and formally recognise the contributions of participants within the FMDQ markets for the one-year period covering October 2021 to September 2022. Delivering the Vice President’s Keynote Address at the Awards Ceremony, Mr. Alexander Okoh said “over the years, FMDQ Group has evolved from an over-the-counter market to a full-fledged Capital Market Holding Company, with five wholly owned subsidiaries. This is a laudable achievement. It is pertinent to acknowledge that in order for the Nigerian economy to grow and ensure that businesses thrive, access to capital-raising channels and opportunities is a key prerequisite. I want to thank and commend FMDQ Group and its leadership, for the role you have played consistently in contributing towards filling this gap in Nigeria’s financial markets”.
The 2022 GOLD Awards, duly verified by Ernst & Young, Nigeria, a global assurance services firm, were presented across four (4) broad Award Categories – Primary Market Awards, Secondary Market Awards, FMDQ Members’ & Clients’ Choice Awards [which afforded the FMDQ Exchange Members and Clients an opportunity to nominate and vote active participants across the fixed income and currencies markets] and FMDQ Leadership Awards – saw twenty-nine (29) Awards and thirty (30) Award winners (including two (2) joint winners). The Awards presentation commenced with the FMDQ Leadership Awards Category which saw the Presidential Enabling Business Environment Council, represented by its Executive Secretary, Dr. Jumoke Oduwole, receive the FMDQ Capital Market Catalyst Award for the introduction of over one hundred and sixty (160) key reforms over a period to improve the nation’s business environment, with the Companies and Allied Matters Act, 2020, being the most impactful on the financial markets.
The 2022 FMDQ GOLD Award winners included MTN Nigeria Communications PLC who bagged four (4) Awards in the Primary Market Category and one (1) Award in the Members’ & Clients’ Choice Awards Category, as well as Chapel Hill Denham Advisory Limited who won two (2) Awards in the Primary Market Category, including the prestigious Primary Market Champion Award (FMDQ Capital Markets Securities Origination) while Stanbic IBTC Bank PLC won two (2) Awards in the Secondary Market Category, including the highly coveted Secondary Market Champion Award (FMDQ Dealing Member of the Year). All validated results, including winners, finalists, and the Awards descriptions, are available on FMDQ GOLD Awards website – www.fmdqgroup.com/goldawards/.
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