First Registrars' CEO bags CIS fellowship

Bayo Olugbemi, Chief Executive Officer of First Registrars and Investor Services Limited

The Board of Fellows of Chartered Institute of Stockbrokers (CIS) has conferred Fellowship on Bayo Olugbemi, Chief Executive Officer of First Registrars and Investor Services Limited. It is the highest rank of a certified stockbroker.

In his opening remarks, the Chairman of the CIS Governing Council, Oluwole Adeosun, spoke glowingly about the investee, who he described as a “quintessential Nigerian finance professional.”

” Dr Olugbemi, is an authority in registrar and investor support functions in the capital market. His work career since 1982, has been intertwined between banking and the capital market. He is an undisputable leader. in the share registration service”, says Adeosun.

Adeosun stated further that Olugbemi’s impact had been felt in no less than four Registrar service companies in Nigeria, thereby underscoring the importance of the sector to the Nigerian economy. According to him, the capital market has grown by 39.8% this year , with prospect for higher growth.

Receiving the fellowship, Olugbemi, a former president of Chartered Institute of Bankers of Nigeria (CIBN), appreciated the Institute for considering him worthy of the honour.

Olugbemi vowed to foster positive relations between the Institute of Capital Market Registrars (ICMR) and CIS.

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“To God, I give glory for my journey in life and the capital market as I ascend to a higher level in my career today. I express gratitude to the Institute of Stockbrokers .
My 41 -year journey in the financial sector services has been a rollercoaster of growth and experiences culminating in this esteemed recognition at the very right time”, said.

He tasked the younger generation to have integrity, honesty and diligent as virtues. He said these were the virtues to achieve tremendous feats.

Speaking on the sidelines of the event, Adeosun said that Olugbemi’s investiture was not a honorary title but a professional one after he had scaled the Institute’s integrity tests examinations.

He said that the CIS was working hard to engage millennials through comprehensive investor literacy education. According to him, recently, CIS created a course- Securities and Investment, which the National Universities Commission (NUC) recent approved for tertiary institutions. Only two schools in Nigeria, Nasarawa State University, in Keffi and Mountain Top University, in Ogun State currently offer the courses. The CIS’ President, said talks were ongoing to spread the courses to other universities.

The event was graced by eminent personalities from the financial market and other sectors of the economy.

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.