Business Nigeria's SEC DG 'Arunmna Oteh' Resigns

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abujagirl

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Arunma Oteh, Director general of Nigeria's Securities and Exchange Commission (SEC) has resigned.

Oteh's resignation was announced via a statement issued by the SEC on Sunday.

The statement said that Oteh would be remembered for her passion, purpose, articulation and implementation of reform measures driven by the vision to transform the Nigerian capital market into world class.

''She was in a hurry to see Nigeria achieve a world class capital market that will drive development and make Nigeria one of the most attractive investment destination. The market witnessed significant product innovation, improved listing rules, landmark bond market reforms widening of participation in the markets through licensing and coming on stream of other capital trade points.

''Under her leadership, the SEC also championed reforms at the Nigeria Stock Exchange (NSE) that witnessed a more robust output and delivery in its operator/oversight role,” the statement said.

Listed amoung are accomplishments are ; restoration of investor confidence through strong enforcement actions and improvement of rules and regulations and investor education.

Oteh was appointed by the late President Umaru Musa Yar’Adua in 2009 but resumed in January 2010.

#Oteh #SEC #Nigeria #NSE

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