Icon Stockbrokers Limited was incorporated on 30th June 1962 under the name “ICON NOMINEES LIMITED”. The company’s name was changed in 1973 to Icon Stockbrokers limited.

Icon Stockbrokers Limited is duly registered with the securities and Exchange Commission and has attained a position of prominence in the Nigerian Capital Market by virtue of its long standing membership of the council of the Nigerian Stock Exchange and by being instrumental to the listing of a substantial number of the companies quoted on the Nigerian Stock Exchange.

The wealth of experience and expertise are reflected in Icon Stockbrokers Limited’s wide range of financial services, which are tailor-made to meet customers’ financial and investment needs.

“To be a leading financial services institution with the most satisfied customers”

We executed trades worth USD130 million in 2006 from both our Local and International Clients

Local Clients

– CSN Investment Concepts
– Shell Closed Pension Fund PFA
– Bureau for Public Enterprise
– African Petroleum Plc
– Hans Gramlin Ltd
– Over 1,000 retail clients and 350 managed accounts.

International Clients
These are mostly Hedge Fund Managers in the U.S.

– Falcon Management Corp.
– Emerging Sovereign Group
– Aslan Capital Master Fund
– Tiedemann Global Emerging Markets LP
– Bank Investment Management
– Tudor BVI Global
– Everest Master Fund
– Parametrics Portfolio
– Moon Capital Management
– RH Capital Associates LLC
– Cragswood Limited
– Siebels Emerging Market Equity Fund
– International Consilium

Our Board of Directors

Mr. P. Eloka Okocha (Chairman)
The Board of ICON is led by Mr. P. Eloka Okocha. He is the CEO of Chrismatel and Sadiq Petroleum Ltd and also former Chairman of African Petroleum (AP) Plc. An experienced and renowned business man of high repute. He is a graduate of Economics and Business Administration.

Mr. Chike Nwanze (Vice Chairman / CEO)

He leads the management team as the Vice Chairman and Chief Executive Officer . He is also a member of the board of directors.

Mr. Chike Asiodu (Director)
He is an experienced professional who has excelled in his chosen endeavour. He is a graduate of Economics and a member of Board of Eternal Oil and Medife Limited.

Chief Victor Oyolo (Director)
He is a chartered accountant of many years standing. He seats on the board of many companies which includes Ikeja Hotels (IHL) Limited, Abuja Sheraton Hotels and Ikeja Sheraton Hotels.

Our Management Team

Icon is managed by a team of experts led by Mr. Chike Nwanze, a seasoned Investment Banker of over 30years standing.

Mr. Chike Nwanze (Vice Chairman / CEO)
Mr. Chike Nwanze holds a Bachelors degree in Business Administration and also an MBA in Financial Management. His diverse work experience cuts across the oil and gas, banking, and stock broking sectors of the economy. Prior to his current position as vice chairman/CEO, Icon Stockbrokers Limited, he was a general manager with Icon Limited (merchant bankers). Prior to Icon Limited, he worked for Shell oil company in Houston Texas, from 1969 to 1972 before returning to Nigeria in 1972 to join Shell-Bp petroleum Development Co. Nigeria where he was for another three years before moving on to Nigerian Bank for commerce and Industry. He has participated in various workshops, seminars and executive programs, among which are economic development institute of the world bank, industrial projects course and Amos Tuck school of Business Administration, USA just to mention a few.

He is a fellow of the Institute of Directors, Fellow of the Economic Development Institute (F.E.D.I), Fellow of the chartered Institute of Stockbrokers.

Mr Chete Nwanze (Chief Operating Officer)
With a vast Management experience ( over 10 years) encompassing both Information Technology and Finance, he started his career with Compaq Computers in Atlanta GA where he acted as a manager for one of their Internet Service Provider projects. His Finance career started at Nissan on Union city, where he served as a special finance Manager. Prior to joining Icon, he spent 3 years at Vetiva Capital Management Limited.

Mr. Fidel Ogbechie (Head Capital Market)
An authorised dealing clerk of the Nigerian stock Exchange, is an associate of both the Chartered Institute of Stockbrokers (ACS) and the Certified Pension Institute of Nigeria. Also, he hold a bachelors degree in Economics. Prior to joining Icon in 2001, he has been involved in major landmark transactions within the Capital Market. Mr. Ogbechie has over 18years experience in corporate finance, stock broking and financial advisory services.

Mr. Igumbor Ben Felix (Head Accounts)
He is an Associate of the Institute of Chartered Accountants of Nigeria (ACA) and an Accountancy graduate from the University of Lagos. His diverse work experience. cuts across Insurance, Investment, Auditing and Computer Sectors of the economy. He was the Head life, agency & credit control in Lion of Africa before he joined ICON in 2007

Mr. Njoku Dennis U (Head Human Resources)
Prior to ICON, he has worked in the Insurance, Accounting and Auditing sectors of the economy. He holds a Bachelors Degree and a Masters of Business Administration Degree in Management. He was group head Administration Admiral Insurance Company Limited. He has attended various trainings, workshops and seminars on Insurance, Banking and Accounts.