Farooq Oreagba is a Nigerian businessman and the MD of NG Clearing Limited. He made waves for his stylish appearance in the just concluded Ojude Oba festival.
Let’s delve into the biography, career and achievements, family, and many more.
Biography and Background
Not so much is known about the financial Don’s background story but we can tell you that he hails from Ijebu Ode, Ogun State.
His outting at the Ojude Oba festival today has drawn the media attention to him after everyone kept on praising is “swag sense” and “steeze” which was a major highlight of the event.
Farooq Oreagba has had a distinguished career in the financial services sector, marked by several significant achievements:
Leadership at NG Clearing
Oreagba was appointed as the Managing Director and Chief Executive Officer of NG Clearing Limited in September 2023. Under his leadership, NG Clearing has continued to solidify its position as West Africa’s premier Central Counterparty (CCP), playing a crucial role in the financial market infrastructure of Nigeria.
Driving Innovation
Throughout his career, Oreagba has been recognized for his ability to drive innovation within the financial services industry. His efforts have been instrumental in fostering a customer-centric culture and delivering sustainable growth.
Strategic Vision
Oreagba’s strategic vision has been pivotal in achieving significant milestones for NG Clearing. This includes the historic clearance of the first exchange-traded derivatives contracts in West Africa³. His leadership has helped develop a world-class clearing and settlement system that integrates seamlessly with key exchanges in Nigeria.
Recognition and Appointments
His expertise and achievements have been acknowledged through various executive leadership roles. The Board of Directors of NG Clearing unanimously appointed him, recognizing his outstanding contributions to the financial services sector.