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THE IMPACTFUL WOMEN DOMINATING NIGERIA’S STOCK EXCHANGE

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Traditionally, The Nigerian Stock Exchange has been a male- dominated field, however, these trailblazing women are breaking barriers and shaping Nigeria’s economic future. Let’s get to know them!

Dr Awele Vivien Elumelu is Chairperson of Avon Healthcare Limited. She is also the Chief Executive Officer of Avon Medical Services Limited and oversees the healthcare investments of Heirs Holdings. She is the wife of Nigerian billionaire Tony Elumelu and is currently the wealthiest female investor on the Nigerian stock exchange. she owns 2,070,794,804 shares in Transcorp, translating into a 5.1% stake in the company. The value of her shares as of September 1, 2023, stands at N13.81 billion.

Abolanle Matel-Okoh is Chief Executive Officer of Havilah Ventures Ltd.
She is also on the board of Wema Bank Plc, and Member of New York State Bar Association and theNigerian Bar Association.

She is the daughter of the founder of Premier Lotto and the largest shareholder in Wema Bank.Okoh owns 583,333,333 shares in Wema Bank. Checks by Legit.ng show that the value of her shares in Wema Bank is worth N3.07 billion.

Ifeoma Esiri is the Managing Partner of the law firm of Lilian Esiri and Co. which focuses on Capital Market activities, Mergers and Acquisition, as well as Corporate and Commercial Law. Mrs. Esiri is a member of the Nigerian Bar Association, International Bar Association and the Institute of Directors, Nigeria. She is also a Non-Executive Director of Stanbic IBTC Holdings PLC and owns 43,497,009 shares in the financial services group Stanbic IBTC Holdings.At last check, the worth of her shares was N2.78 billion.

Adaora Umeoji is a fellow of notable professional bodies including the Chartered Bankers Institute of London, Chartered Institute of Bankers of Nigeria, Institute of Credit Administration, Institute of Certified Public Accountants of Nigeria, Institute of Chartered Meditators & Conciliators, and the Institute of Chartered Secretaries & Administrators of Nigeria, among others.

She is the Deputy Managing Director of Zenith Bank Plc, Nigeria’s second-largest financial services group by market capitalisation. She owns 68,873,169 shares in the bank, which is worth N2.36 billion as of September2023.

Joy Teluwo is a registered nurse who studied at the Edo State School of Nursing. She is the managing director and CEO of Jotel Trade Park Limited. She is also a non-executive director at NEM Insurance. She owns 427,191,932 direct and indirect NEM Insurance shares as of December 31, 2022. Recent calculations show that the shares are presently worth N2.26 billion.

Olufunmilola Ayebae holds the position of Chief Executive Officer for Townhouse Ltd.
Mrs. Ayebae is also on the board of Fidson Healthcare Plc, a leading pharmaceutical manufacturing company in Nigeria. She is the wife of Fidelis Ayebae, the founder of the company. Checks show she owns 74,629,500 shares in the company worth N1.21 billion.

SOURCES

https://www.legit.ng/business-economy/capital-market/1552136-awele-elumelu-leads-list-top-10-richest-women-nigerian-exchange/

https://www.standardbank.com/nigeriaassetmanagement/individual-investor/About-us/our-people/Mrs.-Ifeoma,Lilian-Esiri#:~:text=Mrs%20Ifeoma%20Esiri%20is%20a,as%20Corporate%20and%20Commercial%20Law.

https://www.marketscreener.com/insider/ABOLANLE-MATEL-OKOH-A1SX4K/

https://www.zenithbank.com/about-us/management-team-2/#:~:text=Adaora%20Umeoji%20OON%2C%20is%20the,ranks%20to%20her%20current%20position

https://nem-insurance.com/Profile/Joy-Teluwo#:~:text=Joy%20Teluwo%2C%20is%20a%20registered,sector%2C%20specializing%20in%20risk%20management.

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