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AMERC commends SEC on leadership roleThe Sun News

May 10, 2018 3:36 AM
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AMERC commends SEC on leadership roleThe Sun News

Africa and Middle East Regional Committee (AMERC) of the International Organisation of Securities Commissions (IOSCO) has commended the Securities and Exchange Commission (SEC) Nigeria on its tirelessness, professionalism and dedication, among others.

Outgoing Vice Chairman of AMERC, Nezha Hayat, gave the commendation at the official handover of the committee’s leadership from SEC Nigeria to Paul Muthaura of Capital Markets Authority (CMA), Kenya, at the ongoing 43rd IOSCO annual conference in Budapest, Hungary.

She also commended AMERC under the leadership of SEC Nigeria for ensuring that member countries, markets, investors and intermediaries benefitted from the numerous policies of IOSCO.

According to her, “I will like to take time to show our appreciation to SEC Nigeria that anchored the ship for over a decade and it has been quite a smooth sail.

“Under Nigeria’s leadership, AMERC has grown in size and stature. Our relevance as a region in IOSCO has been felt and its visibility, coupled with its impact, has also been felt within the region. Nigeria’s commitment to AMERC and IOSCO over the decade cannot be overemphasised.

“We all are witnesses to the monumental approval of Arabic as an additional official language of IOSCO and this was with the tireless effort of SEC Nigeria as Chair of AMERC. I am therefore a witness to the tirelessness, dedication and professionalism that the AMERC Secretariat of SEC Nigeria has shown over these years.”


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