By Taiye Olayemi
The Central Securities Clearing System Plc (CSCS) has appointed Mr Shehu Shantali as its new Chief Govt Officer (CEO), efficient Jan. 1, 2026, following the receipt of regulatory no-objection.
The corporate stated in an announcement on Friday that Shantali would succeed Mr Haruna Jalo-Waziri, who’s stepping down after eight years marked by strategic progress and vital contributions to Nigeria’s capital market infrastructure.
Commenting on the appointment, Chairman of the Board, Mr Temi Popoola, stated, “On behalf of the Board, I want to categorical our profound appreciation to Haruna Jalo-Waziri for his excellent service to CSCS.
“Below his management, the corporate recorded notable milestones and constructed a powerful legacy of operational excellence, innovation, and stakeholder confidence.
“We thank him sincerely for his dedication and influence.
“We’re equally delighted to welcome Shehu Shantali as the brand new Chief Govt Officer of CSCS.
“He brings a wealth of expertise, deep trade data, and a robust strategic imaginative and prescient.
“The Board is assured that he’ll construct on the stable basis laid by his predecessor and lead the corporate into its subsequent section of progress.”
Reflecting on his tenure, the outgoing CEO, Mr Haruna Jalo-Waziri, stated, “It has been an honour to function the Chief Govt Officer of CSCS.
“I’m pleased with what we’ve achieved collectively as a staff and grateful for the help of the Board, administration, regulators, and all our stakeholders.
“I’m assured that CSCS is nicely positioned for the long run, and I want my successor each success as he takes the Firm ahead.”
In his remarks, the incoming CEO, Mr Shehu Shantali, stated, “I’m deeply honoured by the boldness the Board has positioned in me with this appointment.
“CSCS performs a vital function within the capital market ecosystem, and I sit up for working with the Board, administration, workers, regulators, and market contributors.
“That is to additional strengthen the corporate’s management place, ship worth to stakeholders, and help the continued progress and stability of the capital market.”
Whereas Jalo-Waziri waa within the workplace, he demonstrated forward-looking, performance-focused management that drove constant progress and wide-ranging transformation throughout the organisation.
He efficiently carried out key strategic initiatives, bolstered governance and operational effectivity, and upgraded methods and processes, thereby strengthening the corporate’s long-term resilience and competitiveness.
His stewardship boosted stakeholder confidence, expanded the organisation’s relevance regionally and globally, and laid a stable, future-oriented platform for sustained success.
Shantali holds a Bachelor of Science diploma in Accounting from Ahmadu Bello College, Zaria, and an Govt MBA from Kingster Enterprise Faculty.
He has over twenty years of expertise in accounting, finance, and monetary providers throughout Nigeria and the UK, with experience spanning funding and asset administration, monetary advisory, and Worldwide Monetary Reporting Requirements (IFRS).
His profession cuts throughout capital markets, funding banking, actual property, and monetary providers, and is underpinned by a decade on the Securities and Change Fee (SEC) Nigeria, the place he championed the migration of publicly listed and vital public curiosity entities from Nigerian GAAP to IFRS and led the Fee’s transition to the contributory pension scheme in 2012.
CSCS is the Central Securities Depository for Nigeria’s capital market and is regulated by the Securities and Change Fee. (NAN) (www.nannews.ng)
Edited by Olawunmi Ashafa
