The Director-General of the Securities and Exchange Commission Nigeria (SEC Nigeria), Emomotimi Agama, has been re-elected the Vice Chair of the Africa/Middle-East Regional Committee (AMERC) of the International Organization of Securities Commissions (IOSCO).
Agama, who was first elected in August 2025 to serve on the Board of IOSCO, the highest decision making organ of the global securities regulatory organization till 2026, was re-elected for a second term till 2028.
IOSCO, which was established in 1983, is the global standard-setter for the securities industry and is recognised as the leading international policy forum for securities regulators.
Members of IOSCO regulate more than 95 percent of the world’s securities markets across over 100 jurisdictions.
Agama’s appointment, confirmed by IOSCO, reflects the growing recognition of Nigeria’s capital market and its strategic importance within the Africa and Middle East region, the SEC said in a statement on Tuesday.
The Commission said Agama’s appointment highlights the confidence of peer regulators in Nigeria’s leadership, regulatory progress, and continued commitment to strengthening capital market systems.
Also, the Commission said its DG’s re-election presents a significant opportunity for SEC Nigeria to deepen its engagement at the highest level of global securities regulation.
As AMERC Vice Chair, SEC said Nigeria would maintain a seat on the IOSCO Board, the organisation’s highest policy-making body, where critical decisions shaping global capital market standards, regulatory frameworks, and cross-border cooperation are made.
This position, the Commission said, would ensure that Nigeria’s perspectives, experiences, and priorities are represented in key discussions that influence the direction of international financial markets.
“Beyond representation, this development enhances Nigeria’s ability to contribute meaningfully to global regulatory dialogue, particularly in areas such as enforcement cooperation, market integrity, and investor protection,” Agama said of his re-election.
He said it creates a stronger platform for collaboration with other jurisdictions on cross-border regulatory issues, including tackling illicit financial flows and strengthening supervisory frameworks.
The DG said the role further supports ongoing efforts to align Nigeria’s capital market with international best practices, fostering greater investor confidence and facilitating increased participation in global financial markets.
“Ultimately, this milestone reinforces Nigeria’s position as a leading voice in regional and global capital market development. It is expected to contribute to building a more resilient, transparent, and robust capital market ecosystem, not only within Nigeria but across the broader Africa and Middle East region. SEC Nigeria remains committed to leveraging this opportunity to advance regulatory excellence, deepen market integration, and support sustainable economic growth,” he said.
