CIS inaugurates 10th President

The Executive Governor of Edo State, Mr Godwin Obaseki has urged stockbrokers to take the values of their profession to the political space in order to move the country forward.

Obaseki explained that every professional stockbroker operates on the premise of ‘my word is my bond’ and noted that Nigerian politicians needed to embrace this element of integrity in order to ensure economic growth and development.

Speaking at the investiture of Mr Adedapo Adekoje as 10th president of the Chartered Institute of Stockbrokers (CIS) in Lagos at the weekend, Obaseki explained that his background in stockbroking over the years had contributed immensely to the efficiency of his administration.

According to him, “Those of us that have corporate background will find out that we are quite different from others as we have an obligation to deliver, and under no circumstances must we fail to keep our promise.”

He noted that the institute had come a long way, saying that “the repositioning that some of us undertook over the years is what we are enjoying today.”

Obaseki commended Mr Adekoje on his new position and assured the institute of the support of his administration. Obaseki also congratulated the entire stockbroking community on the milestones recorded over the years despite the challenges in the operating environment.

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In his acceptance speech, Mr Adekoje expressed gratitude to the stockbrokers for their support and confidence reposed in him and appealed for their co-operation in order to move the market forward.

Earlier in his farewell address, the outgone president, Mr Oluwaseyi Abe also thanked the stockbrokers for their support during his administration.

Abe recalled that many achievements were recorded during his tenure, including the newly acquired corporate office at Ikoyi, Stand-Alone-Certification Programme for Stockbrokers and sustained initiatives to attract the youths to Stockbroking profession among others. He attributed these to collective efforts of all stakeholders.