The Chartered Institute of Stockbrokers has inducted the acting Director General of the Securities and Exchange Commission, Ms Mary Uduk, as an associate member.
Uduk, while speaking during her induction, urged members of the institute to continue to uphold the tenets of the noble profession and strive to contribute to the growth of their respective organisations and the capital market at large.
She said by promoting and protecting the interests of the profession through prescribing and upholding the highest standard of service and integrity, the institute would contribute highly to the attainment of a capital market of everyone’s dreams.
According to a statement by SEC, Uduk said the strong collaboration between the CIS and SEC led to the achievement of results over the years, especially in deepening the capital market.
She noted that one of such collaborative initiatives led to the development of a stand-alone capital market studies curriculum to be introduced at the basic and secondary school levels of education in Nigeria.
Uduk said, “The initiative, which is in partnership with other stakeholders, is one of the cardinal objectives of the Capital Market Master Plan, aimed at inculcating a culture of financial literacy and boosting investment education in Nigeria.
“The strength of character and service innovation of our professionals is one of the yardsticks with which the Nigerian capital market is benchmarked by the investing community. The way and manner capital market professionals conduct businesses with clients will affect how our market is perceived.
“At the commission, we recognise that the institute is a critical stakeholder in the capital market, and, therefore, should strive to continue to maintain the highest level of professional standard towards ensuring that our market remains manned by the most competitive professionals in the world.”
Uduk expressed delight at becoming a member of the CIS, saying she was honoured to be inducted into the institute.
The President, CIS, Mr Adedapo Adekoje, said the institute took the issue of professional standards and ethical behaviour of its members seriously as erring members were investigated and disciplined as necessary.
