President Bola Tinubu has given his nod to the appointment of a new set of professionals to the Board of the Securities and Exchange Commission (SEC), a move aimed at bolstering the regulatory body’s operations.
Leading the board as Chairman is Mr. Mairiga Aliyu Katuka, a seasoned professional with a wealth of experience in the financial sector. Mr. Emomotimi Agama has been appointed as the Director-General, tasked with spearheading the commission’s strategic initiatives.
Joining them are Frana Chukwuogor, appointed as the Executive Commissioner responsible for Legal and Enforcement matters, and Mr. Bola Ajomale, who will serve as the Executive Commissioner overseeing Operations. Mrs. Samiya Hassan Usman will take on the role of Executive Commissioner for Corporate Services, bringing her expertise to bear on administrative functions within the commission.
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In addition to the executive positions, the board will also include two Non-Executive Commissioners: Mr. Lekan Belo and Mr. Kasimu Garba Kurfi. Their diverse backgrounds and perspectives are expected to contribute significantly to the SEC’s governance and decision-making processes.
With these appointments, President Tinubu demonstrates his commitment to ensuring effective oversight and regulation of Nigeria’s capital markets, promoting transparency, investor confidence, and sustainable growth in the financial sector. The new board members are poised to bring fresh insights and leadership to the SEC, guiding its efforts to navigate evolving market dynamics and regulatory challenges.
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