CSCS fetes Adeeko, Nwosu for laudable service

The Nigerian share depository, the Central Securities Clearing Systems (CSCS) Plc recently rolled out drums to celebrate their former executives who made immense contributions to the organization and the development of the nation’s capital market.

CSCS, sub of the Nigerian Stock Exchange (NSE) in Lagos, celebrated the duo of Bola Adeeko and Obinna Nwosu for outstanding and committed services throughout the period they served in the company as the Interim Chief Executive Officer and Non-Executive Director respectively.

The send-forth dinner, which took place in Lagos was attended by vital industry leaders from across various sectors of the economy.

Daily Times Nigeria recalls that Mr. Bola Adeeko was seconded from The NSE to CSCS on January 2, 2017, as the Interim Chief Executive Officer, while Obinna Nwosu joined the Board in February 2014; and was the Board Committee Chairman, Finance and Stakeholders’ Relationship Committee.

Chairman, Board of Director, CSCS, Oscar Oyema, while lauding the contributions of the CSCS former executives, said though Adeeko spent short period at the share depository, his services was remarkable and productive.

We are proud of Bola’s numerous achievements during his short stint at CSCS which also stands as a testimonial that our trust in his ability to deliver was not misplaced. Some of his notable achievements include the successful delivery and launch of Project Meridian which was the replacement of the company’s legacy software with a brand new and nimbler Central Securities Depository (CSD) platform to enhance operational efficiencies and position it to support clearing and settlement of new asset classes.

The NSE CEO also lauded Obinna’s tenure on the Board, “we enjoyed his extensive knowledge and robust contributions towards the strategic direction and growth of CSCS. His unassuming nature and charming personality would be sorely missed.

Thank you for your contributions and demonstration of strong leadership qualities particularly as the Board Committee Chairman of Finance and Stakeholders’ Relationship Committee.

The Managing Director/Chief Executive Officer, CSCS, Haruna Jalo-Waziri in his remark, said “ we appreciate the good work of Bola and Obinna in CSCS and it is our earnest prayer that you continue in your good work in future endeavours.

We also hope we can call on you whenever the need arises and we look forward to continuing our close cooperation on a strong basis of trust. Posterity will also remember your contributions to CSCS.
He testified that, he was always impressed by their depth of knowledge and understanding at any level of engagement.