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.”