The Federal Government will on Monday inaugurate the board of the Securities and Exchange Commission to be chaired by Mr. Olufemi Lijadu.
According to Punch, the board’s constitution is coming four years after President Muhammadu Buhari sacked the former SEC board headed by Mr. Peter Obi.
The report quoted NAN as saying a senior management source who pleaded anonymity confirmed the constitution and inauguration. The source said that the inauguration would take place at the Ministry of Finance Headquarters, Abuja, and would be conducted by the permanent secretary.
The source further said Lijadu, who hails from Ogun, had been announced as the commission’s chairman.
According to him, other members of the board include Mr. Lamido Yuguda from Gombe State (Non-executive Commissioner), Mrs. Rekiya Ladi (Kaduna) Non-executive Commissioner and Mr. Okokon Ekanem, representing the Ministry of Finance.
The others include Dr. Alvan Ikoku, representing the Central Bank of Nigeria, Ms. Mary Uduk, SEC’s Acting Director-General, and Mr. Henry Rowlands, SEC’s Acting Executive Commissioner, Corporate Services.
The other members of the board from SEC are Mr. Isyaku Tilde, Acting Executive Commissioner (Operations), and Mr. Reginald Karawusa, SEC’s Acting Executive Commissioner (Legal and Enforcement).
The board will have a four-year tenure, according to the source.
