CSCS Plc has simply appointed Shehu Yahaya Shantali as Chief Government Officer (CEO), whereas additionally lauding the stable legacy of the outgoing CEO, Haruna Jalo-Waziri.
Central Securities Clearing System Plc (CSCS) is Nigeria’s premier Monetary Market Infrastructure offering depository, clearing, and settlement companies throughout a number of exchanges within the Nigerian capital market.
Shantali’s appointment as Chief Government Officer of CSCS, efficient January 1, 2026, follows the receipt of regulatory no-objection.
He succeeds Jalo-Waziri, who might be stepping down after a profitable eight-year tenure at CSCS marked by sturdy management, strategic progress, and vital contributions to the event of Nigeria’s capital market infrastructure.
Throughout his tenure, Jalo-Waziri offered visionary and results-driven management that delivered sustained progress and far-reaching transformation throughout the organisation. He led the profitable execution of essential strategic initiatives, strengthened governance and operational effectiveness, and modernised the corporate’s programs and processes, positioning the organisation for long-term resilience and competitiveness.
His management considerably enhanced stakeholder confidence, deepened the organisation’s market relevance each domestically and internationally, and established a powerful, future-ready basis for continued success.
Since his appointment in 2017 as Managing Director/ CEO of CSCS Plc, Nigeria’s capital market infrastructure, Jalo-Waziri took full duty for the management of the establishment in direction of diversifying the earnings and repositioning the core operations for progress and effectivity features.
He was beforehand Government Director, Capital Markets at The Nigerian Inventory Trade (now Nigerian Trade Group Plc), the place he led cross-functional groups accountable for the restoration of main and secondary markets between 2012 and 2017.
With three many years of expertise spanning Funding Banking, Securities Buying and selling, Pension Funds Administration, Asset Administration, Enterprise Improvement, and Monetary Market Regulation, an award-winning government, Jalo-Waziri is an alumnus of Lagos Enterprise College, IESE Spain, and the Enterprise Capital Institute of America.
Rising CSCS revenue in his years of stewardship and persistently delivering larger returns on common fairness, together with the pandemic yr, Jalo-Waziri positioned CSCS as a number one monetary market infrastructure in Africa, with a give attention to deepening the Nigerian market.
Jalo-Waziri is a Non-Government Director on the Boards of NG Clearing Restricted and Lagos Commodities and Futures Trade Restricted.
Jalo, who’s a Non-Government Director of the Worldwide Securities Companies Affiliation (ISSA), Switzerland, additionally represents the World Discussion board of Central Securities Depositories on the Working Committee of ISSA.
He’s the Vice President of the Africa and Center East Depositories Affiliation (AMEDA) and an lively member of Nigeria’s SEC-led Nigerian Capital Market Committee.
Jalo-Waziri serves on the Institute’s Annual Workshop Organising Committee and performs lively roles in several engagements and initiatives of the Institute. He chaired the Organising Committee of Nigeria’s Financial Summit in 2021 and continues to supply help to the Nigeria Financial Summit Group.
He co-managed quite a lot of initiatives on the Trade, together with the launch of the Premium Board, strategic partnership of the London Inventory Trade with the Nigerian Inventory Trade and growth of the Nigerian Financial savings Bond, FGN Sukuk Bond and Inexperienced Bond, amongst a number of different market-wide initiatives.
He was at totally different occasions Chief Government Officer of UBA Stockbrokers Restricted and UBA Asset Administration Restricted, each subsidiaries of United Financial institution for Africa Plc. He led the transformation of each companies from being loss-making entities into sustainably worthwhile companies, rating top-5 of their respective segments.
In the midst of his profession, he led the Company Finance follow of Afrinvest West Africa (previously Sectrust) and was the Chief Funding Officer of First Alliance Pensions (now a part of ARM Pensions). Haruna’s profession traversed the Securities and Trade Fee and Kakawa Asset Administration Restricted.
An award-winning Government and alumnus of the Lagos Enterprise College, IESE Spain, and Enterprise Capital Institute of America, Jalo is a graduate of Economics and has a post-graduate diploma in Enterprise Administration. He’s a Chartered Stockbroker, Affiliate of the Chartered Institute for Securities and Funding (CISI), United Kingdom, and a member of the Institute of Capital Market Registrars.
Jalo-Waziri gives thought management views on topical points, notably on the economic system and monetary markets, on varied international platforms.
Along with levels in Economics and Enterprise Administration, Jalo-Waziri is a Chartered Stockbroker, an Affiliate of the Chartered Institute for Securities and Funding (CISI) UK, and a Life Member of the Institute of Administrators, Nigeria.
Past his government function, Jalo-Waziri actively contributes to international and regional monetary market growth, serving because the Vice Chair of the Africa and Center East Depositories Affiliation
(AMEDA) and represents the World Discussion board of Central Securities Depositories (WFC) on the Board of the Worldwide Securities Companies Affiliation (ISSA), Geneva.
He additionally sits on quite a lot of industry-wide committees, together with these of the Securities and Trade Fee, the Chartered Institute of Stockbrokers, and the Nigerian Financial Summit Group.
A passionate advocate for training and social influence, Jalo-Waziri serves on the boards of a number of non-profits, together with BusinessDay’s Advisory Board, Particular Olympics Nigeria, and AIFA Studying Society.
