Emomotimi Agama begins tenure as interim SEC DG

Business a.m.

The Securities and Exchange Commission (SEC)  has announced the interim appointment of Emomotimi Agama as the acting director general, effective immediately. The appointment is however subject to the confirmation by the Senate of the National Assembly. 

Agama, who resumed at the commission’s Head office Tuesday and was received by excited members of staff, promised to ensure that the capital market is well regulated and developed in a bid to contribute to the nation’s economy.

The director general told the elated staff, “I have come here today to serve you and the institution by sheer providence, we should work together to meet the yearnings and aspirations of the capital market, let us make this institution better and greater knowing that it is a place that feeds and gives us succor, united we stand, and divided we fall”.

According to him, “We are grateful to President Bola Tinubu for finding us worthy of this opportunity and we know that expectations of the market and the country are huge, it is our utmost determination to work together with the staff of the Commission to ensure that we deliver on this assignment”.

The acting DG also commended the staff of the commission on their commitment to the SEC and assured that the incoming Management will work with the staff union to ensure all lingering staff issues are resolved

“I have come here as your colleague because without you this institution won’t get anywhere. This institution has been built by you, your resilience even in trying times has brought us thus far. All of you have been symbols of hard work” 

“It’s been a wonderful journey knowing every one of us here. I have had the pleasure of being involved in people’s career here for the last 20 years. We have crossed many rivers, but each of us has added some value to this institution. When we leave we should be able to look back with joy at what we have done. I therefore solicit your support and cooperation to ensure that we all succeed” Agama said.

Both the top executives and junior staff who spoke at the meeting pledged their commitment to support the director general to achieve the lofty goals of making the Nigerian capital market better and greater.

President Tinubu recently made a significant announcement, appointing Emomotimi Agama as the acting director general of the Securities and Exchange Commission. This decision was conveyed through a statement issued by Ajuri Ngalale, the president’s spokesperson. 

To further strengthen the commission’s oversight, Tinubu also appointed a new board for the SEC, including Mairiga Aliyu Katuka as chairman, Frana Chukwuogor as executive commissioner (Legal and Enforcement), and Bola Ajomale as executive commissioner (Operations).

Others are: Samiya Hassan Usman – executive commissioner (Corporate Services), Lekan Belo, non-executive commissioner, and Kasimu Garba Kurfi, non-executive commissioner.