NSE CEO, Onyema Becomes Associate Member of CIS


The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, was on Tuesday inducted as an associate member of the Chartered Institute of Stockbrokers (CIS) of after passing the requisite examination of the institute.

The induction ceremony was held at the Stock Exchange House. CIS is the body statutorily empowered to train and certify professionals in the Nigerian capital market. It is the only professional body in Nigeria authorised to carry out qualifying examinations into the stockbroking profession. The Institute controls the activities of its members and matters associated with it.

Speaking at the ceremony, the President of CIS, Mr. Oluwaseyi Abe, said: “We are witnessing a rare manifestation of humility and leadership by example, as the CEO of the exchange, Onyema, is formally inducted as an associate member of the institution. Today’s induction ceremony is unique because Onyema, despite his qualifications and experience as a well-grounded investment and securities expert qualified to practice in the United States and Nigeria, voluntarily enrolled as a member of CIS, sat and passed the institution’s examination.”

He added that went that were not just witnessing an induction ceremony, “we are showcasing exemplary leadership, a demonstration to the commitment to the rule of law and processes, uncommon dedication and patriotism of the highest order.”

Abe congratulated Onyema and urged him to maintain the good name and reputation of the institute as he continues to contribute positively to growth of the institution and indeed the Nigerian economy.

“Your induction as an associate of this noble profession, is a landmark event that confers on you a new level of respect and honour. It is a mark of character, capacity and competence,” he said.

Expressing his delight after receiving his certificate as an associate member of CIS, Onyema said: “I am very humbled by your recognition of my modest contributions to our market. I believe that my writing the CIS examination was a matter of cause and a continuous quest for knowledge and high performance. I commit to project the best image of the institution by ensuring adherence to the code of ethics of the profession. And I look forward to working with you all to improve the state of our market and the Nigerian economy at large.”

Meanwhile, the stock market remained bearish as the NSE All-Share Index depreciated by 0.46 per cent to close at 37,783.76.