• Home
  • News
  • Entertainment
  • Sports
  • Politics
  • Business
  • Jobs
  • Food
  • Health
  • Classified
  • Faith
Thursday, February 25, 2021
Everyday.NG
ADVERTISEMENT
  • Home
  • News
  • Entertainment
  • Sports
  • Politics
  • Business
  • Jobs
  • Food
  • Health
  • Classified
  • Faith
No Result
View All Result
  • Home
  • News
  • Entertainment
  • Sports
  • Politics
  • Business
  • Jobs
  • Food
  • Health
  • Classified
  • Faith
No Result
View All Result
Everyday.NG
No Result
View All Result
Home Business

Adeosun reassigns portfolios in SEC, as Mary Uduk takes over as Acting DG

Admin by Admin
13 April 2018
in Business, Jobs
0
Adeosun reassigns portfolios in SEC, as Mary Uduk takes over as Acting DG
0
SHARES
9
VIEWS
Share on WhatsappShare on FacebookShare on Twitter

The Minister of Finance, Mrs. Kemi Adeosun, has named Ms Mary Uduk as the new head of the Securities and Exchange Commission (SEC) in an announcement that listed other reassignments of portfolios in the Commission.

Uduk’s appointment as acting director-general, a statement by Adeosun spokesman, Mr. Oluyinka Akintunde, says is governed by the provisions of the Investments and Securities Act (ISA), 2007 and the conditions of service applicable to the Director-General of the Commission.

The statement adds: The Minister, in a letter dated 13th April, 2018, said Uduk’s appointment had become necessary to ensure effective regulation of the Capital Market. Her appointment will, subject to satisfactory performance, subsist until further notice.

The Minister also announced the redeployment of the former acting Director-General of the Commission, Dr. Abdul Zubair, to External Relations Department.

She further made the following reassignment of the under-mentioned persons –

i.  Reginald C. Karawusa – Acting Executive Commissioner, Legal and Enforcement;

ii. Isiyaku Tilde – Acting Executive Commissioner, Operations;

iii. Henry Roland Adekunle – Acting Executive Commissioner, Corporate Services.

The new Acting Director-General joined the Commission in 1986 as an assistant financial analyst. Her career as a regulator has spanned many functions and departments in the Commission, from corporate finance, administration, to providing structural, policy and due diligence for capital market transactions.

She has also been responsible for managing several landmark capital market projects, including the registration of Capital Market Operators, articulating rules for bonds and equities; Mergers, acquisitions and Takeovers, and managing the banking and insurance industry consolidations between 2005-2007.

Uduk served as the pioneer Head of the Operations Division in the Lagos Zonal Office, and has headed the following Departments in the Commission: Internal Control, Investment Management, Financial Standards and Corporate Governance and Securities, and Investment Services Department, among others.

Meanwhile, the Federal Ministry of Finance has requested for a formal explanation from the SEC of the recent communications between the Commission and the Nigerian Stock Exchange (NSE), which adversely impacted market confidence.

ADVERTISEMENT
Previous Post

Again, Nigerian killed by South African policeman

Next Post

$1billion for security: Bayelsa opts for court action

Admin

Admin

Next Post
Ekweremadu urges Easter prayers against killings; Buhari, Saraki, Dickson seek peace

$1billion for security: Bayelsa opts for court action

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
UN says US bigger killer of Afghan civilians than Taliban

(Viral video) Is this frightening message for the whole world or America?

7 July 2020

Woman raped by herdsmen In Anambra dies; as viral video, incessant rape builds tension

1 July 2020

(Interview) Gideon Para-Mallam insists Presidency got it wrong on CAN, praises Kukah

11 January 2020

Scandalous video on Success school; govt sacks head-teacher as girl gets help

20 March 2019
“Devaan says,” debuts….I was deceived, what do I do?

“Devaan says,” debuts….I was deceived, what do I do?

6
Restructuring: why it won’t work here

Restructuring: why it won’t work here

3
Diary of an angry and frustrated graduate

Diary of an angry and frustrated graduate

3
Govt, Christian bodies meet over controversial school curriculum

Govt, Christian bodies meet over controversial school curriculum

2
Benue, Nasarawa Governors disagree on location of Fulani herdsmen killing Benue indigenes

Leave Ortom alone

25 February 2021

NIPC workers protest continues, as management calls for dialogue

25 February 2021
APC’s troubles escalate as party names new officers after court order, anger, plots heighten as Police take over office

Group accuses Obaseki of premeditated plot to indict Oshiomhole, Agba over Storm-Water project

25 February 2021

Death In Custody: Autopsy Report Faults Police Claims

25 February 2021

Recent News

Benue, Nasarawa Governors disagree on location of Fulani herdsmen killing Benue indigenes

Leave Ortom alone

25 February 2021

NIPC workers protest continues, as management calls for dialogue

25 February 2021
APC’s troubles escalate as party names new officers after court order, anger, plots heighten as Police take over office

Group accuses Obaseki of premeditated plot to indict Oshiomhole, Agba over Storm-Water project

25 February 2021

Death In Custody: Autopsy Report Faults Police Claims

25 February 2021

Contact us

Everyday.NG

Do you have information, advertisement, event, report, video, or article to share? Please reach Nigeria Everyday (www.everyday.ng) through:
Tel. +234 8022198060
WhatsApp +234 8022198060
Email: info@everyday.ng; matsilas@gmail.com.

Please note that all articles tagged ‘Opinion’ do not necessarily represent the views and opinions of Nigeria Everyday (www.everyday.ng), they are the views and position of the writer

Follow Us

Browse by Category

  • Agriculture
  • Business
  • Classified
  • Culture
  • Education
  • Entertainment
  • Faith
  • Features
  • Food
  • Health
  • Jobs
  • News
  • Obituary
  • Opinion
  • Politics
  • Social Media
  • Sports
  • Uncategorized

Recent News

Benue, Nasarawa Governors disagree on location of Fulani herdsmen killing Benue indigenes

Leave Ortom alone

25 February 2021

NIPC workers protest continues, as management calls for dialogue

25 February 2021
  • Privacy Policy

© 2019 Nigeria Everyday - Truth Begets Freedom

No Result
View All Result
  • Home
  • News
  • Entertainment
  • Sports
  • Politics
  • Business
  • Jobs
  • Food
  • Health
  • Classified
  • Faith

© 2019 Nigeria Everyday - Truth Begets Freedom