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Muhammad Abdullahi appointed chairman of FMDQ Group

Central Bank Deputy Governor Assumes Leadership Role in Pioneering Financial Market Infrastructure Firm

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Financial Markets Dealers Quotations Group Plc. (FMDQ) has announced the appointment of Mr. Muhammad Abdullahi, the Deputy Governor of the Economic Policy Directorate at the Central Bank of Nigeria, as the new Chairman of its Board. This announcement comes following the retirement of Dr. Kingsley Obiora, the fourth Chairman, effective September 2023.

In a statement posted on its website on Monday, FMDQ highlighted Abdullahi’s extensive experience and expertise across the private, public, and international development sectors, underscoring his suitability for the role. With a distinguished career spanning leadership positions in banking, public service, and global institutions, Abdullahi is poised to steer FMDQ Group toward continued innovation and excellence.

Abdullahi’s tenure as the Commissioner of Economic Planning and Budget in the Government of Kaduna State, coupled with his role as Chief of Staff to the State Governor, reflects his deep commitment to driving economic growth and development at both local and global levels. His contributions to infrastructure expansion and engagement with international platforms such as the World Bank Expert Advisory Council and the Executive Office of the United Nations Secretary-General attest to his dedication to advancing economic agendas.

Currently pursuing doctoral research at the Henley Business School, Reading University, United Kingdom, Abdullahi’s focus on Global Value Chains, Informality, and Development in Sub-Saharan Africa underscores his ongoing commitment to addressing critical issues in the region.

Expressing his commitment to FMDQ Group’s legacy of innovation and excellence, Abdullahi emphasized the organization’s pivotal role in shaping Nigeria’s financial markets landscape over the past decade. He affirmed his dedication to enhancing this legacy to meet the evolving demands of the industry.

Welcoming Abdullahi to the organization, Mr. Bola Koko, the Chief Executive Officer of FMDQ Group, lauded his appointment as a testament to the firm’s commitment to strong governance and strategic leadership. Koko expressed confidence in Abdullahi’s ability to lead FMDQ Group to greater heights of growth and excellence, reinforcing the organization’s role as a driver of innovation and development in Nigeria’s financial markets.

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