The Council of the Chartered Institute of Stockbrokers (CIS) has elected Mr. Oluwaseyi Abe as the President and Chairman of the Governing Council of the institute.
Also, the duo of Mr. Adedapo Adekoje and Mr. Olatunde Amolegbe have been elected first vice president and second vice president respectively.
The election of the principal officers was announced during the Council’s meeting immediately after the Institute’s annual general meeting (AGM) in Lagos recently.
Prior to his election, Abe, a fellow of the CIS was the acting president and he had served in several capacities at the Institute.
Abe, a distinguished financial market operator brings into the saddle, a robust wraith of experience spanning over two decades in Investment banking, money and capital markets, treasury asset management, corporate finance, wealth creation and pension management. He is a renowned consultant both locally and internationally.
He holds Bachelor of Science Degree in Sociology and Anthropology from University of Ife ( Obafemi Awolowo University) where he emerged the overall best graduating student in his department in 1988. He also holds Masters of Science Degree in Marketing from University of Lagos and capped it with a Master of Business Administration (MBA).
He is an alumnus of the prestigious New York Institute of Finance in the United States of America and he attended the Executive Programme of African University (Lagos Business School) among others.
Adekoje, a fellow of the Institute was until his election, the second vice president. He has a very strong background in marketing and general administration. Adekoje’s over two decades experience is acclaimed for his exceptional devotion to building and leading integrated and marketing operation for high profile companies.
He is a graduate of Centre for Business Studies, Greenwich, London with Master’s Degree from University of Hull, London. He is a member of the London Chamber of Commerce, Institute of Management Specialist, London and Institute of Directors among others.
Amolegbe also a fellow had served on the Institute governing Council from between 2011 and 2014. He was a member of the Institute Continuous Professional Development (CPD) and member hip committees at various periods.
Amolegbe’s track records spanned banking, pension management and securities market. He was instrumental to the implementation of investment policy and strategy for N50 billion in asset under management as the pioneer Chief Investment Officer at Legacy Pension (PFA) Limited in 2005.
Amolegbe holds Bachelor’s Degree and Master of Business Administration (MBA). He is presently working on his dissertation for the award of M.sc in Corporate Finance from the prestigious Rusell-List University, United Kingdom.
Addressing the stockbrokers at the AGM, Abe explained that the institute embarked on cost cutting in view of the financial squeeze that affected its operations.
He thanked those who served the institute at various capacities in the review period.
He also expressed appreciation to the former president, Mr Albert Okumagba for his contributions to the growth and development of the CIS.