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Purposeful innovation key to capital market growth — Owoturo

From The Punch · () English

Summarized and contextualized by DistantNews.

At a glance

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  • Coronation Registrars CEO Oluseyi Owoturo stated that purposeful innovation is crucial for Nigeria's capital market growth.
  • The company received three international awards in 2026 for its innovative registrar services, particularly in resolving unclaimed dividends.
  • Owoturo emphasized technology's role in building trust, improving efficiency, and creating value for investors and issuers.

Oluseyi Owoturo, Chief Executive Officer of Coronation Registrars Limited, asserts that sustainable growth in Nigeria's capital market hinges on innovation that streamlines operations and enhances the investor experience. He highlighted this following the company's receipt of three international awards in 2026.

These recognitions reflect our commitment to redefining shareholder services through innovation, operational excellence, and a deep understanding of our clients’ evolving needs.

— Oluseyi OwoturoCommenting on the company's international awards.

Coronation Registrars secured two accolades at the Global Economics Awards: Most Innovative Registrar for Unclaimed Dividend Resolution and Leading Registrar for Capital Market Services. Additionally, they won the Gazet International Annual Award for Excellence in Shareholder Services and Capital Market Administration – Nigeria 2026. Owoturo stated these recognitions underscore their commitment to redefining shareholder services through innovation and operational excellence.

"At Coronation Registrars, we believe every interaction should build trust, simplify processes, and create lasting value for shareholders, issuers, and the wider capital market ecosystem," Owoturo said. He added that the company remains committed to setting higher industry standards.

At Coronation Registrars, we believe every interaction should build trust, simplify processes, and create lasting value for shareholders, issuers, and the wider capital market ecosystem.

— Oluseyi OwoturoExplaining the company's philosophy and commitment to its stakeholders.

The firm has strengthened its operations by deploying digital platforms for dividend administration, corporate actions management, and shareholder registry tracking. The award for unclaimed dividend resolution specifically acknowledges their efforts to address a persistent challenge in the Nigerian capital market by leveraging digital tools and e-mandate onboarding to simplify dividend recovery for retail investors. Coronation Registrars plans to deepen its digital transformation, enhance corporate governance support, and align its infrastructure with evolving market frameworks.

We are honoured by these awards and remain committed to setting higher standards of excellence in the industry.

— Oluseyi OwoturoExpressing gratitude for the awards and reaffirming the company's dedication to quality.
DistantNews Editorial

Originally published by The Punch. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.