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UACN Property Development Company (UPDC) Introduces New CEO To Capital Market Community With NGX Closing Gong

Date 08/06/2021

UPDC Plc leveraged Nigerian Exchange Limited Closing Gong Ceremony to introduce its new Chief Executive Officer (CEO), Mr. Odunayo Ojo to the capital market community on Friday, 04 June 2021.


Speaking at the event, Divisional Head, Listing Business, NGX, Mr. Olumide Bolumole stated, “I am delighted to welcome Mr. Odunayo Ojo to today’s digital closing gong ceremony to commemorate his appointment as the new Chief Executive Officer of UPDC Plc.  Mr. Ojo’s appointment is a recognition of his dedication and commitment to the development of the Real Estate Industry as well as the reputation earned in the industry over the years.

“At Nigerian Exchange (NGX) Limited, as a business enabler, is committed to providing platforms to support issuers and market participants in achieving their business objectives. The closing gong ceremony is one of such platforms organized to recognize and provide visibility to our listed companies and market participants on the Exchange’s Platform. Let me reassure the leadership of UPDC Plc that the exchange will remain your trusted business partner in achieving your strategic business objectives”.

On his part, Mr. Odunayo Ojo commented thus: “I would like to congratulate Nigerian Exchange Group on its successful completion of the demutualisation of The Nigerian Stock Exchange (NSE). We at the UPDC believe that this is just the beginning of greater success of Nigerian stakeholders. UPDC is a leading Real Estate company that was established in 1997 as since grown to be the largest real estate company listed on the NGX. UPDC has grown to become a household name and indeed, continues to establish its footprints as a leader in real estate acquisition, development, sales and management of quality commercial, retail and residential properties in Nigeria. We are always committing to giving our customers the best quality and value at all time. I will like to cease this opportunity to thank our highly esteem shareholders for constantly supporting us.”

At NGX, we provide a leading platform in Africa for raising capital as well as facilitating a thriving secondary market for trading securities.  Our platform also ensures seamless flow of market information to support trading activities of investors and our trading licence holders. We also provide an efficient avenue for investments in multiple asset classes providing investors varied options including Equities, Fixed Income and other Exchanged Traded Products (ETPs).