The Group Chief Executive Officer, Nigeria Exchange Group Plc, Mr Oscar Onyema, has said demutualisation will reduce conflict of interests
Onyema said this at the Association of Capital Market Academics of Nigeria webinar on Friday where he featured as the guest speaker.He added that demutalisation would improve governance, bring about greater management performance, transparency and accountability.
He listed the benefits as wider access to capital, flexibility to explore new growth opportunities, enhanced competitiveness and greater ability to mobilise funds.Onyema added that demutualisation would enhance competitiveness, greater ability to mobilise funds to upgrade systems, attract high-calibre staff and expand to new markets, among others.
Prof Seth Akutson, the Vice-Chancellor of Greenfield University, said the most important aspects to consider were the reform measures put in place to ease transmission process during this era.
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