Leadership
NCDF Securities Limited is led by a team responsible for capital markets execution, transaction structuring, and institutional advisory services.
Leadership is structured to ensure clear accountability, disciplined execution, regulatory alignment, and client-focused delivery across all engagements.
As the capital markets platform within NCDF Group, NCDF Securities operates independently of: NCDF Holdings Limited, which provides strategic oversight NCDF Investment Management Plc, which manages funds and investment mandates
This separation ensures that transaction execution is conducted with institutional discipline, governance integrity, and operational independence.
Our Leadership Structure
NCDF Securities operates under a capital markets governance model, where leadership is aligned with the full lifecycle of transaction execution.
This includes:
client coverage and origination
transaction structuring
execution and capital raising
legal and regulatory oversight
compliance and risk control
Leadership is supported by structured governance frameworks, including:
Board oversight
executive accountability
committee-based transaction approvals
compliance and legal review functions
Executive Management
Managing Director / Chief Executive Officer
Provides overall leadership of NCDF Securities, responsible for:
- strategy execution
- institutional client relationships
- transaction pipeline oversight
- governance and regulatory alignment
- management of capital markets activities
Head of Capital Markets / Investment Banking
Provides overall leadership of NCDF Securities, responsible for:
- strategy execution
- institutional client relationships
- transaction pipeline oversight
- governance and regulatory alignment
- management of capital markets activities
Chief Compliance & Legal Officer
Provides overall leadership of NCDF Securities, responsible for:
- strategy execution
- institutional client relationships
- transaction pipeline oversight
- governance and regulatory alignment
- management of capital markets activities
Chief Risk Officer (or Risk & Control Lead)
Provides overall leadership of NCDF Securities, responsible for:
- strategy execution
- institutional client relationships
- transaction pipeline oversight
- governance and regulatory alignment
- management of capital markets activities
Head of Institutional Coverage / Investor Relations
Provides overall leadership of NCDF Securities, responsible for:
- strategy execution
- institutional client relationships
- transaction pipeline oversight
- governance and regulatory alignment
- management of capital markets activities
Head of Transaction Execution / Deal Management
Provides overall leadership of NCDF Securities, responsible for:
- strategy execution
- institutional client relationships
- transaction pipeline oversight
- governance and regulatory alignment
- management of capital markets activities
Board of Directors
The Board of NCDF Securities Limited provides oversight of:
strategy
governance
risk
compliance
management
performance
The Board operates independently from NCDF Holdings’ executive functions, ensuring that capital markets activities are governed at entity level.
BOARD PRINCIPLE
The Board governs the institution.
Management executes transactions.
Operational Structure
NCDF Securities operates through specialised functions aligned with capital markets execution.
Origination & Client Coverage
sourcing mandates
issuer engagement
institutional client relationships
Structuring & Advisory
Provides overall leadership of NCDF Securities, responsible for:
- strategy execution
- institutional client relationships
- transaction pipeline oversight
- governance and regulatory alignment
- management of capital markets activities
Execution & Deal Management
Provides overall leadership of NCDF Securities, responsible for:
- strategy execution
- institutional client relationships
- transaction pipeline oversight
- governance and regulatory alignment
- management of capital markets activities
Compliance & Legal
Provides overall leadership of NCDF Securities, responsible for:
- strategy execution
- institutional client relationships
- transaction pipeline oversight
- governance and regulatory alignment
- management of capital markets activities
Risk & Controls
Provides overall leadership of NCDF Securities, responsible for:
- strategy execution
- institutional client relationships
- transaction pipeline oversight
- governance and regulatory alignment
- management of capital markets activities
Investor Coverage
Provides overall leadership of NCDF Securities, responsible for:
- strategy execution
- institutional client relationships
- transaction pipeline oversight
- governance and regulatory alignment
- management of capital markets activities
Management Board
NCDF Securities maintains a focused executive structure, with clear accountability for fiduciary responsibilities.

Joy Ehebhamen
Managing Director / Chief Executive Officer

Cynthia Chukwudubem Chinasa
Head of Capital Markets

Adesanya Adebayo Oluwaseun
Chief Compliance Officer

Fiona Akpomena Nanna
Head of Institutional Distribution
Leadership Accountability
Clear Authority
Each executive operates within defined responsibilities and approval limits
Separation of Functions
Each executive operates within defined responsibilities and approval limits
Governance Alignment
Each executive operates within defined responsibilities and approval limits
Institutional Discipline
Each executive operates within defined responsibilities and approval limits
Client Integrity
Each executive operates within defined responsibilities and approval limits
Working With NCDF Securities
NCDF Securities engages with:
institutional investors
corporate issuers
government entities
public-private partnership sponsors
development finance institutions
All engagements are conducted under structured governance and transaction frameworks.