CIS Inducts 122 Associates, Invests 51 Fellows, Pledges More Advocacy

The Chartered Institute of Stockbrokers (CIS) has pledged increased advocacy on investor education and to grow its membership base by attracting millennials and Gen Z through deployment of modern information technology.

This is as the Institute admitted 122 new associate members and conferred fellowship on 51 others.

Speaking to the inductees during the Institute’s 27th Annual Conference themed ‘Appraising New Trends in the Global Financial Market: Localising the Benefits’ in Abeokuta, the president and the chairman of Governing Council of the Institute, Mr. Oluwole Adeosun urged the Associate Members to uphold the tenets of integrity in order to operate as certified professionals.

“You have joined a very distinguished and privileged class of financial professionals respected all over the world. If you conduct yourself within the Code of Ethics, as transmitted to you during your training, it is assured that you will be a success in life.

 You will secure well-paying jobs, interact with high-flying professionals around the world, and build a happy and loving family. However, remember that to achieve all these, you have to conduct yourselves in accordance with the Code of Ethics of the Institute,” said Adeosun.

Adeosun explained that, CIS had always been on the front lane of advocacy in the Nigerian financial market. According to him, the Institute is preoccupied with the training and certification of its members for enhanced global competitiveness.

“As part of our market development efforts, we shall expand advocacy and financial literacy for investors and continue to attract millennials and Gen Z to our profession through effective and efficient deployment of modern information technology,” he said.

The governor of Ogun state, Prince Adedapo Abiodun challenged the Institute amongst other key stakeholders on the need to create more awareness on effective utilisation of the capital market to bridge infrastructural deficit in Nigeria.

Abiodun stated that the capital market served as a veritable source of funds, which governments at all levels could tap into for the execution of various projects, saying Ogun State was willing to take advantage of this in the near future.

The director-general, Securities and Exchange Commission (SEC), Mr. Lamido Yuguda said the CIS’ 2023 theme was timely and relevant, and stressed that global capital markets were undergoing significant reforms, driven by key trends such as sustainable finance, digital assets, technology, private markets, and globalisation.

“These developments underscore the increasing need for investors to stay informed and adaptable. The conference is an opportunity for stakeholders to engage in profound discussions, share insights, and strategize on how Nigeria can effectively navigate the domestic and global capital markets,” said Yuguda.