Tinubu Appoints New Boards for SEC, NAICOM

President Bola Tinubu has approved the appointment of seven professionals into the management Board of the Securities and Exchange Commission (SEC).

According to a statement issued yesterday, by presidential spokesperson, Ajuri Ngelale, the seven-man board has Mr. Mairiga Aliyu Katuka as Chairman while Mr. Emomotimi Agama is the new Director-General.

Other appointees are Frana Chukwuogor - Executive Commissioner (Legal and Enforcement); Mr. Bola Ajomale - Executive Commissioner (Operations); Mrs. Samiya Hassan Usman - Executive Commissioner (Corporate Services); Mr. Lekan Belo - Non-Executive Commissioner and Mr. Kasimu Garba Kurfi - Non-Executive Commissioner.

The President, the release stated, anticipates that all members of the Board of the critical commission will bring to bear their wealth of experience and competence in advancing the commission's core mandate of developing and regulating a capital market that is dynamic, fair, transparent, and efficient, to bolster investor confidence and contribute immeasurably to the nation’s economic development.

In a related development, Tinubu yesterday, also approved the appointment of a seven-man Board for the National Insurance Commission (NAICOM).

In a release issued by Ngelale, Ms. Halima Kyari was named the new Chairperson while other Board members include Mr. Olusegun Ayo Omosehin - Commissioner for Insurance; Mr. Olawoye Gam-Ikon - Deputy Commissioner (Technical Operations) and Dr. Usman Ankara Jimada - Deputy Commissioner (Finance & Administration).