The Fund Manager Association of Nigeria (FMAN)Â Â has electedÂ Â the Managing Director, Chapel Hill Denham Management Limited, Ononuju Irukwu as new President ofÂ Â the association. Also, the Executive Director, Investment & Technology, Stanbic IBTC Asset Management Limited,Â Shuaib Audu was elected as Vice President.
Similarly, Managing Director of Investment One Funds Management Limited,Â Â Â Tope OmojokunÂ Â emerged as Treasurer, whileÂ Â a Director atÂ ARM Investment Managers Limited, Henrietta Bankole-OlusinaÂ Â is the new Executive Secretary.
Head, Fixed Income Portfolio Management, FBN Quest Asset Management Limited, Ifeoluwa Dixon isÂ Â Head, Technical and Enlightenment Committee of the association, whileÂ Â the Head, Coronation Asset Management,Â Â Â Emeka OkoloÂ Â is Head,Â Â Ethics, Rules and Regulations Committee.
Â The Managing Director, Investment One Vencap Limited,Â Ore Sofekun, who is the immediate past presidentÂ Â of the association, isÂ Â Â an ex-officio member of the new executives.
FMANÂ Â Â is an independent, non-governmental, non-political and non-profit makingÂ Â established in August, 2009 to promote the operations of fund managers registered with the Securities and Exchange Commission in Nigeria (SEC), provide for self-regulation and supervision of SEC registered fund managers and ensure the observance of global best practices relating to the operations of such fund managers.
The aim of the Association is to address all the issues affecting the industryâ€™s development and represent its members at national and international levels in ongoing discussion about the future regulatory framework for the industry. The associationâ€™s focus is on education, regulation, policy development and international best practices for the benefit of its members, institutional investors, Policy makers and other stake holders.