Tinubu Appoints New SEC Board to Oversee Nigeria’s Capital Market

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By Ken Afor

President Bola Tinubu has appointed a new board for the Securities and Exchange Commission (SEC), Nigeria’s capital market regulator.

The new appointees, comprising seasoned professionals, are expected to steer the commission towards developing a robust and transparent capital market.

In a statement released by Ajuri Ngelale, Special Adviser to the President on Media and Publicity, the following individuals have been named to the SEC board:

Mr. Mairiga Aliyu Katuka has been appointed as the new Chairman of the commission. Mr. Emomotimi Agama will assume the role of Director-General.

The three Executive Commissioner positions include Frana Chukwuogor (Legal and Enforcement), Mr. Bola Ajomale (Operations), and Mrs. Samiya Hassan Usman (Corporate Services).

Completing the board are two Non-Executive Commissioners, Mr. Lekan Belo and Mr. Kasimu Garba Kurfi.

In the statement, President Tinubu expressed confidence that the new board members’ wealth of experience and competence will enable them to advance the SEC’s core mandate of developing and regulating a dynamic, fair, transparent, and efficient capital market. Their efforts are expected to bolster investor confidence and contribute significantly to the nation’s economic development.

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