By Peter Omopo
The Director-General of the Securities and Exchange Commission (SEC) Nigeria, Emomotimi Agama, has been re-elected as Vice Chair of the Africa/Middle-East Regional Committee of the International Organization of Securities Commissions for a second term spanning 2026 to 2028.
The re-election was confirmed by IOSCO, the global standard-setting body for securities regulation, whose members oversee more than 95 per cent of the world’s securities markets across over 100 jurisdictions.
According to a statement by SEC Nigeria, the development reflects growing international recognition of Nigeria’s capital market and its increasing importance within the Africa and Middle East region.
The commission noted that the appointment underscores the confidence of global regulatory peers in Nigeria’s leadership and its commitment to strengthening capital market systems.
As Vice Chair of the regional committee, Nigeria will retain its seat on the IOSCO Board, the organisation’s highest decision-making body, where key policies and regulatory frameworks for global financial markets are determined.
Agama said the position would enhance Nigeria’s participation in international regulatory discussions, particularly in areas such as investor protection, market integrity, and enforcement cooperation.
He added that the role provides an opportunity for deeper collaboration with other jurisdictions on cross-border issues, including efforts to combat illicit financial flows and strengthen supervisory systems.
The SEC said the re-election would also support ongoing efforts to align Nigeria’s capital market with global best practices, boost investor confidence, and attract increased participation in international financial markets.
The commission reaffirmed its commitment to leveraging the opportunity to promote regulatory excellence, deepen market integration, and contribute to sustainable economic growth within Nigeria and across the region.
