Ibukunoluwa Temitope, popularly known as Temi Popoola, is the Group Managing Director and Chief Executive Officer of Nigerian Exchange Group (NGX Group). He is a wall Street–trained investment banker, and widely regarded as one of the key figures modernizing Nigeria’s capital markets through digital innovation and strategic reforms.
Profile Summary
| Full Name | Ibukunoluwa Temitope Popoola |
| Date of Birth | 17 June 1980 |
| Place of Birth | London, United Kingdom |
| Nationality | Nigerian |
| State of Origin | Ogun State (based on family roots) |
| Partner | N/A |
| Children | N/A |
| Occupations | Investment Banker, Financial Services Executive, GMD/CEO of NGX Group |
| Net Worth | 5 – 10 million USD |
Early Life and Education
Popoola was born on 17 June 1980 in London, United Kingdom, to Nigerian parents. He grew up partly in Nigeria, attending St. Saviour’s School in Ebute-Metta, Lagos, and later Federal Government College, Odogbolu, Osun State.
He earned a First Class degree in Chemical Engineering from the University of Lagos in 2002, followed by a Master’s degree in Chemical Engineering with a focus on Finance from the Massachusetts Institute of Technology (MIT) in 2006.
He is a Chartered Financial Analyst (CFA) and a Fellow of the Chartered Institute of Stockbrokers (CIS).
Career
Temi Popoola started his career in London as an asset manager, researching investment opportunities in Africa’s energy sector. He then moved to New York, where he worked as an equity derivatives trader at Bank of America Securities.
He returned to Nigeria in 2009 to join United Bank for Africa (UBA) as Head of Structured Products and Investments. Between 2010 and 2015, he worked at CSL Stockbrokers, a subsidiary of FCMB, where he led sales and trading operations.
In 2015, he joined Renaissance Capital as CEO for West Africa, overseeing the firm’s operations across the region. In 2021, he was appointed CEO of Nigerian Exchange Limited (NGX), where he drove major reforms and digital transformation.
In January 2024, he was promoted to Group Managing Director and CEO of NGX Group Plc, the parent company of NGX, Central Securities Clearing System (CSCS), and NG Clearing Limited. In this role, he continues to lead efforts to deepen market liquidity, attract foreign investors, and strengthen Nigeria’s position as a financial hub in Africa.
Personal Life
Temi Popoola keeps his family life private but often speaks about the importance of faith and family values. He is more focused on his professional work and social impact initiatives than on personal publicity.
Net Worth
Temi Popoola’s net worth is estimated to be between $5 million and $10 million. This figure is based on his executive compensation as GMD/CEO of NGX Group, his prior roles at top investment banks, stock options, board appointments, and private investment holdings.
Awards and Recognition
Popoola has received several honours for his contributions to Nigeria’s financial sector:
- Fellow of the Chartered Institute of Stockbrokers (CIS), invested in May 2023.
- Keynote speaker at the 2025 and 2026 Nairametrics Capital Market Awards.
- Honored at the 2024 MIPAD (Most Influential People of African Descent) Recognition Ceremony.
- Commended for Project B.L.O.O.M, his initiative tackling child malnutrition in Lagos.
