The International Securities Services Association (ISSA) has appointed Mr Haruna Jalo-Waziri, Chief EXecutive Officer (CEO) of Central Securities Clearing System (CSCS) Nigeria, to its board.
In a statement issued by Mr Johnson Onowugbeda, Team Lead, Corporate Communication, CSCS, on Friday explained that the appointment of Jalo-Waziri’s makes CSCS Nigeria the first African firm to join and become a member of the Board of Directors of ISSA.
The ISSA board includes a range of firms involved in the global securities services industry.
Jalo-Waziri has more than 30 years of experience in the financial industry.
He began his career at the Securities and Exchange Commission (SEC).
In 2007, he was appointed Managing Director and CEO of United Bank of Africa (UBA) Stockbrokers and later UBA Asset Management.
He has been CEO of CSCS for almost five years, and also serves as Vice President of Africa and Middle East Depositories Association (AMEDA).
Accepting the nomination, Jalo-Waziri said he was delighted to have the opportunity to contribute towards global capital market development.
“I look forward to deepening my engagement with ISSA towards advancing its crucial role in the global securities services industry for the mutual interest of all members, and more importantly, the integrity and efficiency of the market.
“CSCS joining the board is an honour for us and we are excited that Africa is duly recognised as a critical part of the global market ecosystem, relevant for driving ISSA’s mission to shape the future of securities services,” he said.
Phil Brown, Chairman of ISSA, said that CSCS was a great addition to the ISSA board, bringing not only in-depth knowledge of Africa, but also a forward-thinking and technologically advanced perspective.
Brown said, “ISSA is committed to building its brand on the continent and ensuring the relevance of its products to all market segments.
“The presence of CSCS on the board will ensure that ISSA delivers on this commitment. nan.”
