President Bola Tinubu has appointed a new board for the Securities and Exchange Commission (SEC), effective immediately.
The announcement was made by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, who noted that the new board members possess a wealth of experience and expertise crucial for the development and regulation of Nigeria’s capital market.
The appointed board consists of Mr. Mairiga Aliyu Katuka as Chairman; Mr. Emomotimi Agama as Director-General; Frana Chukwuogor as Executive Commissioner for Legal and Enforcement; and Mr. Bola Ajomale as Executive Commissioner for Operations.
Additional board members are Mrs. Samiya Hassan Usman as Executive Commissioner for Corporate Services; Mr. Lekan Belo and Mr. Kasimu Garba Kurfi, both serving as Non-Executive Commissioners.
The statement elaborated: “The President has conveyed his trust in the newly appointed board members, asserting his expectation that they will apply their expertise and experience to further the commission’s fundamental mission.
“The SEC is pivotal in cultivating a vibrant, equitable, transparent, and effective capital market, vital for enhancing investor trust and aiding in the nation’s economic growth.
“The induction of the new board members is regarded as a key move in the President’s initiative to overhaul and fortify the nation’s financial regulatory structure.”
