By Amaka Ifeakandu
The board of Central Securities Clearing System (CSCS) yesterday appointed Dr. Joe Mekiliuwa as the acting managing director of the company following the plan of the CSCS chief executive officer , Mr. Kyari Bukar, to take a medical leave of absence from his responsibilities. The appointment will be effective June 9th, 2014.
Mekiliuwa is currently a deputy general manager and the head of operations, CSCS Plc. Chairman of the board of CSCS, Oscar Onyema, in a statement said “the board has a great deal of confidence in Mekiliuwa and our entire management team appoints him to manage the company’s operations until Bukar’s return. We are
assured that CSCS will continue to meet the financial and safety objectives of the company, while maintaining great service to all our stakeholders”.
Mekiliuwa, joined CSCS in 1997, as a pioneer staff member involved in the implementation of the CSD system of the Central Securities Clearing System Plc. He has played strategic roles in many capital market initiatives and implementations. He is currently the deputy general manager and head of OPERATIONS.
He earned bachelors and masters degrees in computer science from University of Benin and University of Lagos respectively. He also holds a doctorate degree in business administration from Universidad Empresarial de Costa Rica (Business University). He is a chartered stockbroker (ACS) and an active member of the Chartered Institute of Stock Brokers (CIS).
The CSCS operates a computerized depository, clearing settlement and delivery system for transactions in securities in the Nigerian capital market.
