President Bola Ahmed Tinubu has approved the renewal of the appointment of the Chairman as well as the appointment of new Members of the Investments and Securities Tribunal (IST).
This follows recommendations from the Minister of State for Finance, made pursuant to section 315 and 319 (2) of the Investments and Securities Act 2025 according to a statement by Maria Anodere, Acting Head of the Corporate Affairs Department of the Tribunal.
The appointment, she stated, marks a significant step towards strengthening the adjudicatory framework of the Nigerian Capital Market, as the new Members bring their rich experience in Capital Market, Law, Finance and public service to enhance the efficiency of the Tribunal in justice delivery and in promoting investors’ confidence.
The newly appointed members include: Amos Isaac Azi, Chairman: Gboyega Oyekanmi, Member; Felix Onwuneme, Member; Shehu Lawal Mandiya, Member; Robert Uchenna Okwuego, Member; and Osaze Ize – Iyamu.
Other members are Ummahani Ahmad Amin ,Ali Sadiq Mohammed, Olatunde M. Amolegbe, Udegbulam Athanatius Chukwuemeka, Orya Ungwaga Roberts and Kamarudeen Oladosu.
The Investments and Securities Tribunal is a specialized adjudicatory body established to enable a timeous resolution of disputes and enforce rights arising from investments and securities transactions. It is a very critical capital market infrastructure which serves to ensure fairness, transparency and integrity in our financial market, thereby promoting investors’ confidence.
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