Onyema, others inducted associate members of stockbrokers’ institute

Oscar Onyema, the chief executive officer of The Nigerian Stock Exchange (NSE), alongside other Nigerians, was on Tuesday inducted an associate member of the Chartered Institute of Stockbrokers (CIS) of Nigeria at a ceremony held at the Stock Exchange House, Lagos.

Onyema thus becomes the first CEO of the NSE to be inducted as an associate member after passing the requisite examination of the institute.

CIS is the body statutorily empowered to train and certify professionals in the Nigerian capital market. It is the only professional body in Nigeria authorized to carry out qualifying examinations into the stockbroking profession. The Institute controls the activities of its members and matters associated with it.

“We are witnessing a rare manifestation of humility and leadership by example, as the CEO of the Exchange, Onyema, is formally inducted as an associate member of the institution.

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“Today’s induction ceremony is unique because Onyema, despite his qualifications and experience as a well-grounded investment and securities expert qualified to practice in the United States and Nigeria, voluntarily enrolled as a member of CIS, sat and passed the institution’s examination, ” said Oluwaseyi Abe, president and chairman of the governing council of the institute.

He added, “We are not just witnessing an induction ceremony, we are showcasing exemplary leadership, a demonstration to the commitment to the rule of law and processes, uncommon dedication and patriotism of the highest order.”

Abe congratulated Onyema and urged him to maintain the good name and reputation of the institute as he continues to contribute positively to the growth of the institution and indeed the Nigerian economy.

“Your induction as an associate of this noble profession is a landmark event that confers on you a new level of respect and honour. It is a mark of character, capacity, and competence,” he noted.

Expressing his delight after receiving his certificate as an associate member of CIS, Onyema said “I am very humbled by your recognition of my modest contributions to our market. I believe that my writing the CIS examination was a matter of cause and a continuous quest for knowledge and high performance.

“I commit to project the best image of the institution by ensuring adherence to the code of ethics of the profession. And I look forward to working with you all to improve the state of our market and the Nigerian economy at large.