The Director-General, Securities and Exchange Commission, Ms Arunma Oteh, will officially quit her position today after five successful years in office. She became the DG of SEC in January 2010 and in June of that same year, she was elected Chairperson, Africa Middle East Regional Committee of the International Organisation of Securities Commissions, a position she retained after re-election in June 2012 and in September 2014.
Oteh is expected to hand over to any of the five commissioners (three of whom are executive commissioners, while the other are non-executive commissioners) on the board of SEC in Abuja.
In a statement issued on Sunday, the commission said Oteh's five-year tenure was characterized by a series of reforms that helped to reposition the capital market in line with global best practices. Under her leadership, there was restoration of investor confidence through strong enforcement actions and improvement of rules and regulations; deepening the scope of the capital market; and restoring market integrity through zero tolerance for rule infractions.
3 comments:
iron lady
She did a very good job at SEC
Those useless reps tried to blackmail heer but she stood her ground. A woman of great repute indeed
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