Business Acting SEC DG Gwarzo Elected AMERC Chairman of Int'l Organization of Securities Commissions

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Nigeria - The Acting Director-General, Securities and Exchange Commission (SEC), Nigeria, Mr Mounir Gwarzo, has been elected the Chairman, Africa/Middle East Regional Committee (AMERC) of the International Organisation of Securities Commissions (IOSCO).

SEC in a statement said that Gwarzo’s election took place at the ongoing annual conference of the regional body in Muscat, Oman.

Gwarzo, it said, would hold the office for two years.

It also said that Gwarzo would serve on the Executive Committee of IOSCO, the highest decision making organ of the global securities regulatory organisation.

The statement also quoted Gwarzo as commending AMERC members for the vote of confidence on him, adding that his election would enable him to build on the foundations laid in advancing IOSCO and AMERC.

It quoted Gwarzo as saying that there was still a lot of work to be done in spite the progress recorded by IOSCO in global securities regulation.

The statement said that new Chairman advocated improved participation of AMERC members in IOSCO to enhance confidence and visibility.

#Nigeria #IOSCO #SEC
 

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