Emomotimi Agama, the director-general of the Securities and Exchange Commission (SEC), has been re-elected as the vice-chair of the Africa/Middle East regional committee (AMERC) of the International Organization of Securities Commissions (IOSCO) for a second term.
The tenure will run from 2026 to 2028, the commission said
in a statement on Tuesday.
Agama was first elected on August 10, 2025.
The SEC said Agama’s re-election reflects growing
recognition of Nigeria’s capital market and its strategic importance within the
African and Middle Eastern region.
The development, according to the agency, underscores the
confidence of peer regulators in Nigeria’s leadership, regulatory progress, and
commitment to strengthening capital market systems.
The regulator said the position will enable Nigeria to
deepen its engagement at the highest level of global securities regulation.
“As AMERC vice-chair, Nigeria will retain a seat on the
IOSCO board, the organisation’s highest policy-making body, where key decisions
shaping global capital market standards and regulatory frameworks are made,”
the statement reads.
This, the SEC said, would ensure Nigeria’s perspectives are
represented in discussions influencing international financial markets.
Commenting on his re-election, Agama said the position would
enhance Nigeria’s contribution to global regulatory dialogue, particularly in
enforcement cooperation, market integrity, and investor protection.
“Beyond representation, this development enhances Nigeria’s
ability to contribute meaningfully to global regulatory dialogue, particularly
in areas such as enforcement cooperation, market integrity, and investor
protection,” the SEC DG was quoted as saying.
“It creates a stronger platform for collaboration with other
jurisdictions on cross-border regulatory issues, including tackling illicit
financial flows and strengthening supervisory frameworks.
“The role further supports ongoing efforts to align
Nigeria’s capital market with international best practices, fostering greater
investor confidence and facilitating increased participation in global
financial markets.”
Agama said the re-election also reinforces Nigeria’s
position in regional and global capital market development, and would support
efforts to build a more resilient and transparent market ecosystem.
The SEC said IOSCO, established in 1983, is the global
standard-setter for the securities industry, with members regulating more than
95 percent of the world’s securities markets across over 100 jurisdictions.
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com