Ashakacem Boss, ICAN, Others Join CIS Council

Ashakacem Boss, ICAN, Others Join CIS Council

— May 12, 2015 10:16 am

Nine distinguished chartered stockbrokers have been elected to the Council of the Chartered Institute of Stockbrokers (CIS) as part of the ongoing transformation of the institute into a world class professional body.

Their election was endorsed at the institute’s recent annual general meeting.

The new Council members who had earlier undergone rigorous screening are: President, Institute of Chartered Accountants of Nigeria (ICAN) Mr Chidi Ajaegbu; managing director and chief executive officer of Ashakacem Plc, Mr Kwairanga Umaru; Managing Director, Arthur Steven Asset Management Ltd., Mr.Olatunde Amolegbe; managing director/chief executive officer, Network Capital Ltd, Mr Oluropo Dada; managing director/chief executive officer of Vetiva Capital Management Ltd., Mr Chukuka Eseka; chairman, Investigating Panel of the CIS, Mr Muiz Kareem; general manager, Stambic IBTC Bank Plc, Mr Yusufu Modibo, deputy managing director, Fund Ouest Financial Services Ltd., Mr Olabisi Oni and the Institute’s chairman, Professional Development Committee, Mr Oyewole Oyeniyi.

Ajaegbu, the ICAN’s golden jubilee President is the founder and chief executive officer of Mutual Alliance Market Ltd, a fellow of ICAN and CIS among others. He holds Master’s Degree in Banking and Finance from University of Lagos. Ajaegbu currently runs Chidi Ajaegbu Educational Foundation which awards scholarship annually. Kwairanga is a consummate banker and veteran stockbroker. He holds an MBA from Liverpool John Moores University, UK and M Sc in Corporate Governance. He has served in various capacities in the financial and real sector of the economy. He was the institute’s Chairman, 1995 Local 0rganising Committee in Bauchi State.

Amolegbe holds an MBA and M Sc in Corporate Finance from University of Ilorin and Russel-List University in the United Kingdom. He has been instrumental to development and implementation of investment policy strategy over the years. Dada holds M Sc in corporate governance from Leeds Beckett University in the UK. His working experience covers banking, finance, stockbroking, issuing houses activities, investment advisory, general administration etc. Eseka is a frontline investment banker and securities strategist. He is a chartered accountant and chartered stockbroker with over 23 years industry experience.

Kareem, an Economist holds an MBA from Obafemi Awolowo University, Ile Ife and Kensington University Glendale, USA respectively. He qualified as an Authorized Dealing Clerk in 1985 and became a fellow in 1993. Modibo holds both Master’s in Banking and Business Administration. He has been into the capital market and banking operations since 1984. 0ni holds M Sc in Economics. He was the best graduating student in both Associateship Examinations of the Chartered Institute of Bankers in 1997and CIS in 2004 respectively.