The Securities and Exchange Commission Nigeria (SEC Nigeria) has announced the re-election of its Director-General, Emomotimi Agama, as Vice Chair of the Africa/Middle-East Regional Committee (AMERC) of the International Organization of Securities Commissions (IOSCO) for a second term spanning 2026 to 2028.
Established in 1983, IOSCO serves as the global standard-setter for the securities industry and is widely recognised as the leading international policy forum for securities regulators, with members overseeing more than 95 per cent of the world’s securities markets across over 100 jurisdictions.
A statement explained that the re-election, confirmed by IOSCO, underscores the growing recognition of Nigeria’s capital market and its strategic importance within the Africa and Middle East region. It also reflects the confidence of peer regulators in Nigeria’s leadership, regulatory progress, and sustained commitment to strengthening capital market systems.
With this renewed mandate, SEC Nigeria is poised to deepen its engagement at the highest levels of global securities regulation. As AMERC Vice Chair, Nigeria will retain a seat on the IOSCO Board—the organisation’s top policy-making body—where key decisions shaping global capital market standards, regulatory frameworks, and cross-border cooperation are made. This ensures that Nigeria’s perspectives and priorities continue to be represented in critical international discussions.
Speaking on the development, Agama noted that the role goes beyond representation, providing Nigeria with a stronger platform to contribute to global regulatory dialogue.
He highlighted opportunities to enhance enforcement cooperation, promote market integrity, and strengthen investor protection, while also fostering collaboration on cross-border regulatory challenges such as illicit financial flows and supervisory alignment.
He added that the position supports ongoing efforts to align Nigeria’s capital market with international best practices, boost investor confidence, and encourage greater participation in global financial markets.
The milestone, he said, reinforces Nigeria’s standing as a leading voice in regional and global capital market development and is expected to contribute to building a more resilient, transparent, and robust financial ecosystem across Africa and the Middle East.
SEC Nigeria reaffirmed its commitment to leveraging this opportunity to advance regulatory excellence, deepen market integration, and support sustainable economic growth.
