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New SEC Leadership Moves to Restore Investor Confidence in Capital Markets

By on June 20, 2012

After months of controversies peaking in the suspension of Arunma Oteh as the Director General of the Securities and Exchange Commission (SEC) and closely followed by the retirement of the entire SEC board by the Federal Government, the Commission has moved to restore investor confidence in the Capital Markets.

Bolaji Bello, the Acting Director General of the Commission addressed the employees of the Commission on Monday and reiterated the need for the Commission to work extra diligently to revive investor confidence in the market.

He said, “Forget about the past. It is going to be a team work, not me alone and your welfare, especially on outstanding staff matters will be addressed immediately in line with laid down policy and procedure but subject to availability of resources. Just put in your best to ensure that we together move the market forward. We have no time for endless talk, let our work speak for us.”
“We expect commitment, cooperation, dedication and discipline. We want to leave behind, a SEC that everybody will be proud of and the one that the coming generations would commend us for. We have been given opportunity, let’s work together to leave a legacy.”