The
Securities and Exchange Commission yesterday announced Mr. Mounir Gwarzo as the
acting Director General of the Commission pending when a new Director General
will be appointed, just as the tenure of Ms. Arunma Oteh came to an end on 7th
January 2015.
At her
handover ceremony to Mr. Gwarzo, Ms. Oteh described her five-year tenure at the
commission as absolutely outstanding, and attributed the successes recorded to
the cooperation she received from every member of staff.
She said
“When I joined SEC in January 2010, I was absolutely certain about why 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 around it, whether it
is capital market operators, shareholders and other stakeholders, for me 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.”
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