Wednesday 14 January 2015

Gwarzo Replaces Oteh As SEC Director General

The Securities and Exchange Commission on Monday announced that the
immediate past Executive Commissioner, Operations in SEC, Mr Mounir
Gwarzo, has been named as the Acting Director General of the
commission.

Gwarzo takes over the leadership of the commission from Arunma Oteh,
whose tenure as SEC DG expired on January 7.

Oteh, according to a statement in Abuja, was said to have handed over
to Gwarzo at a ceremony held at the commission' headquarters.

The ex-SEC boss, while handing over to Gwarzo, described her five-year
tenure at the Commission as absolutely outstanding, attributing it to
the co-operation she received from every member of staff.

She said, "When I joined SEC in January, 2010, I was absolutely
certain about why the SEC was important and what its role and what the
agenda was. I was able to articulate it in one phrase: building a
world-class market."

"To have a vision and have everyone being able to connect and align
with it, for me, whether it is capital market operators, shareholders
and other stakeholders, was very rewarding.

"But I don't think it would have been possible without each and every
one of you accepting the challenge to try something in a different way
or to do something in a way that you are not quite sure of."
--PUNCH

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