Monday, Sep 28th 2020 12:51 PM
Lagos
+29°C

Market Digest Nigeria

News

Buhari appoints new Chairman for IST

President Muhammadu Buhari

President Muhammadu Buhari on Monday approved the appointment of Barrister Amos Isaac Azi as Chairman/Chief Executive Officer for the Investments and Securities Tribunal (IST).

President Muhammadu Buhari

Azi, before this appointment was a staff of the Securities & Exchange Commission.

A statement from the IST said “his appointment is for an initial period of Five (5) years in accordance with the provisions of Sections 275(2) and 277(1) of the Investments & Securities Act (ISA), 2007. The appointment is with effect from 17th July, 2020.”

Similarly, President Buhari has approved the reappointment of Barr. Nosa Osemwengie as full time member of the Investments and Securities Tribunal, for a second and final term of Four (4) years.

His appointment is said to be in accordance with the provisions of Section 277 (2) of the Investments & Securities Act (ISA), 2007.

The appointment is with effect from 1st August, 2020.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top
SUBSCRIBE NOW!
Get the best of Market Digest Nigeria financial news
delivered to your inbox daily!
By clicking Give it a try, I hereby: Agree and Consent to the Terms of Use and the Privacy Policy
& I may receive free newsletters & promotions from this site and can choose to unsubscribe anytime.