The Federal Government has inaugurated the Board of the Securities and Exchange Commission, SEC.
The investiture which was conducted by the Permanent Secretary of the Federal Ministry of Finance, Alhaji. Mahmoud Isa-Dutse, in Abuja will have Mr. Olufemi Lijadu as Chairman of the Board of the Commission.
The constitution of the Board is coming four years after President Muhammadu Buhari dismissed Mr. Peter Obi as Chairman of the Commission after his appointment by former President Goodluck Jonathan.
Lijadu, who hails from Ogun state, and a leading commercial lawyer with over thirty years’ experience, was also Executive Director of one of Nigeria’s top four banking institution, United Bank of Africa Plc.
Part-time members of the Board are: Mr. Olufemi Dominic Lijadu (Chairman), Mr. Okokon Ekanem Udo (Representative of the Federal Ministry of Finance), Mrs. Angela Adewumi Sere-Ejembi (Representative of the Central Bank of Nigeria), Mrs. Faruk Ladi Rekiya (part time Commissioner), Mr. Lamido Abubakar Yuguda (part time Commissioner).
Full-time members are: Ms. Mary Joseph Uduk – Acting Director-General, Mr Isyaku Bala Tilde – Ag. Executive Commissioner (Operations), Mr. Reginald Karawusa – Ag. Executive Commissioner (Legal and Enforcement), Mr. Henry Adekunle Rowlands – Ag. Executive Commissioner (Corporate Services).
It would be recalled that President Muhammadu Buhari dissolved the previous board of the SEC on July 16, 2015, and set up an eight-man panel headed by a former Secretary to the Government of the Federation, Mr. Babachir Lawal, two months later, to reconstitute it.
The inauguration of the Board comes with much excitements as market operators and stakeholders in the sector have been calling for the reconstitution of the board to strengthen SEC’s operations.
Details soon…
You may be interested
PSG To Reignite Interest In Osimhen
Webby - December 21, 2024Paris Saint-Germain have contacted Napoli to discuss signing Victor Osimhen in January, according to reports in France.It is reported that…
Arteta Provides Injury Updates On Five Arsenal Players Ahead Palace Clash
Webby - December 20, 2024Arsenal manager Mikel Arteta has revealed that Declan Rice and Riccardo Calafiori are both available to be in the Gunners…
Carabao Cup: Spurs Edge Man United In Seven-Goal Thriller To Reach Semi-finals
Webby - December 19, 2024Tottenham Hotspur edged Manchester United 4-3 in the quarter-finals of the Carabao Cup on Thursday.Spurs raced to a 3-0 lead…