SEC gets Board members after 4 years

The Federal Government will today in Abuja inaugurate the board of the Securities and Exchange Commission (SEC). Olufemi Lijadu, a commercial lawyer with over 30years experience, is the new board Chairman.

The last time the SEC board was constituted was in 2015. Since then the apex regulator of the capital market in Nigeria has operated without a Board.

Lijadu worked with the Udoma and Osagie Chambers (1992-1994), was appointed Executive Director at United Bank for Africa (1997-2002), served in the Presidential Committee on the Recovery of Government Assets (2015-2017).

He was a consultant at Femi Lijadu & Company, and also C0-Founded a thriving business law firm Ukiri & Lijadu Law Firm.

Related News

Lijadu has vast experience in Energy Law, Banking and Finance Law, Foreign Investment Law and Commercial Law.

Other members of the SEC Board include Mary Uduk – Acting Director-General, SEC Nigeria, Alvan Ikoku- Representing Central Bank of Nigeria, Lamido Yuguda- Non-Executive Commissioner, Rekiya Ladi – Non-Executive Commissioner, Okokon Ekanem – Representing Federal Ministry of Finance, Henry Rowland-Acting Executive Commissioner, Corporate Services, Isyaku Tilde- Acting Executive Commissioner, Operations, and Reginald Karawusa –Acting Executive Commissioner, Legal and Enforcement.

Lijadu attended University of Durham, St Chads College (1977-1980) where he bagged his B.A Hons in Law, and furthered his studies at the University College London, UCL (1982-1983) where he bagged his LLM in Law. The SEC Board Chairman also has an M.SC in Business Management from the London Business School (2002-2003).

Iheanyi Nwachukwu

Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.