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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Elections & Politics

CIS president unveils reform agenda

From The Punch · () English

Summarized and contextualized by DistantNews.

At a glance

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  • Dr. Fiona Ahimie, the new president of the Chartered Institute of Stockbrokers, has launched an ambitious reform agenda to boost the institute's influence and expand its reach.
  • Key initiatives include establishing a N5 billion endowment fund for aspiring capital market professionals and strengthening the institute's national and regional presence.
  • Ahimie aims to position the institute as a driver of capital market development and Nigeria's economic transformation, building on past achievements.

Dr. Fiona Ahimie, the first female president of the Chartered Institute of Stockbrokers (CIS), has unveiled a comprehensive reform agenda aimed at elevating the institute's standing and impact.

During her inauguration as the 14th President and Chairman of Council, Ahimie outlined a strategy focused on strengthening the CIS's influence, expanding its national and regional footprint, and enhancing the recognition of its professional qualifications. A central pillar of her plan is the establishment of a N5 billion endowment fund. This fund is designed to support the next generation of capital market professionals, particularly talented young individuals who may lack the financial resources to pursue careers in the securities and investment industry.

Ahimie pledged to build upon the successes of previous administrations, emphasizing her vision to position the CIS as a crucial catalyst for capital market development and Nigeria's overall economic progress. She paid tribute to her predecessor, Mr. Oluropo Dada, acknowledging his leadership in fostering collaboration and elevating the institute's profile. "The relevance of our institute is not fixed by our past but determined by our collective courage in the present," Ahimie stated, underscoring a forward-looking approach.

The reform agenda is structured around five key points: enhanced member engagement, increased recognition of CIS certifications, nationwide membership expansion, regional integration beyond Nigeria, and improved financial sustainability. Specific initiatives include a Member Engagement and Participation Initiative to boost visibility and involvement in industry forums and policy discussions. To foster national inclusion, the institute plans to extend its presence beyond Lagos and Abuja by establishing stronger regional structures and additional district societies across the country.

The relevance of our institute is not fixed by our past but determined by our collective courage in the present. We can and will strengthen our institute, deepen participation in our profession, and expand across this nation.

โ€” Dr Fiona AhimieIn her inaugural address, the new CIS president outlined her vision for the institute's future.
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Originally published by The Punch. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.