Meet Mr. Haruna Jalo-Waziri
Mr. Haruna Jalo-Waziri is the Managing Director and Chief Executive Officer of Central Securities
Clearing System Plc (CSCS), a position he assumed in November 2017. He has overall responsibility
for delivering on the company’s vision and mission. Since resuming, Jalo has driven several strategic
initiatives, leading to notable efficiency gains, and repositioning the company for sustainable
He has almost three decades hands-on experience across multiple financial disciplines, with his
career spanning Investment Banking, Securities Trading, Pension Funds Administration and
conventional Asset Management, Business Development and Regulation. He is an award-winning
Executive, with reputable track-record in leading successful start-ups and business transformation.
Prior to being appointed Chief Executive Officer of CSCS Plc, he was Executive Director, Capital
Markets at the Nigerian Stock Exchange, with primary responsibility for deepening the market
through products, market structure, innovation and new listings, as well as generating order flow
across all asset classes. Under his stewardship, the partnership between the NSE and the London
Stock Exchange was established, an alliance which has birthed several dual listings on these Bourses.
He led the launch of the Premium Board on the NSE, distinguishing value companies with strong
governance practices and creating enhanced liquidity flow for the counters. He also led the
introduction of the Nigerian Sovereign Green Bond as well as the Federal Government Retail Savings
Bonds. Mr. Jalo-Waziri previously served as Managing Director/Chief Executive at both UBA
Stockbrokers Limited and UBA Asset Management Limited, transforming the businesses to
becoming top-5 in their respective segments. He also pioneered the asset management business of
Kakawa Discount House Limited (now FBN Merchant Bank) and previously worked at the Securities
and Exchange Commission.
Mr. Jalo-Waziri is a member of the Operating Committee of the International Securities Services
Association (ISSA) and the Board of Special Olympics Nigeria. He is on the Advisory Board of
BusinessDay and currently serves as Vice President of the AIFA Reading Society, an NGO, which
focuses on promotion of a reading culture and sustainable development of the educational system
in Africa. He has served on the Boards of several companies, including FSDH Merchant Bank Limited,
Nigeria-German Chemicals Plc, Protea Oakwood Hotel Limited, Coral Properties Limited, UBA
Stockbrokers Limited and UBA Asset Management Limited to mention a few. He is a life member of
the Institute of Directors.
Mr. Jalo-Waziri, an economist, is an alumnus of reputable institutions, including the Lagos Business
School and Venture Capital Institute of America. He had his first degree and MBA from the University
of Maiduguri and the Abubakar Tafawa Balewa University, respectively.
Jalo is happily married and blessed with wonderful children.