Aggregated News From Investment Management Regulators

Exit of an Icon, Gamaliel Onosode: 1933 – 2015


Please complete the required fields.

onosodeThe Executive Management and staff of the Securities and Exchange Commission (SEC) note with grief the sad demise of Dr. Gamaliel Onosode who passed on in Lagos on Tuesday 29th September, 2015 aged 82.

One of Nigeria’s foremost capital market experts, Dr. Onosode served as the inaugural President of the Chartered Institute of Stockbrokers (CIS) from 1995 to 2001. Prior to that, he had established an enviable reputation as a boardroom guru serving as Board Chairman of numerous corporations including Dunlop Nigeria Plc, Cadbury Nigeria Plc and Zain Nigeria Limited.

During an illustrious career spanning both the private and public sectors, Dr. Onosode was a chief proponent for reforms famously, chairing the Presidential Commission on Parastatals in 1981. He was also an Adviser to President Shehu Shagari on budget affairs, helping to inspire discipline in public finance. Notably, his important work during the Second Republic earned him the respect and admiration of successive administrations since then.

Dr. Onosode was a quintessential professional helping to establish and lead some of Nigeria’s most prestigious professional organizations like the Association of Pension Funds in Nigeria and the Nigerian Institute of Management. He was also a fellow of the Chartered Institute of Bankers.

Born in Sapele, Dr. Onosode studied at the University of Ibadan. He was a notable disciplinarian and embodied corporate governance principles. He was nicknamed “Mr. Integrity”. He was passionate about environmental issues as a founding leader of the Niger Delta Environmental Survey. He was a devout Christian and philanthropist.

Dr. Gamaliel Onosode has left behind a legacy of building strong and lasting institutions capable of leading Nigeria’s economic development. The SEC and the capital market community are implementing Nigeria’s 10-year capital market master plan which will make Dr. Onosode’s dream of a modern Nigerian capital market a reality.

Source link

Regulator Information

Abbreviation: SEC NG
Jurisdiction: Nigeria

Recent Articles

SEC Charges Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations

Eight celebrities also charged for illegal touting of Sun’s crypto asset securities The Securities and Exchange Commission today announced charges against crypto asset entrepreneur Justin Sun and t

SEC Proposes to Modernize the Submission of Certain Forms, Filings, and Materials Under the Securities Exchange Act of 1934

The Securities and Exchange Commission today proposed amendments designed to modernize its information collection and analysis methods by, among other things, proposing that a number of filings be su | Statement on Electronic Filing

Today, the Commission is considering a proposal under the Exchange Act to require broker-dealers and other registrants to submit forms electronically.

ASIC suspends AFS licence of Cartesian Corporate Finance Limited

ASIC has suspended the Australian financial services (AFS) licence of Cartesian Corporate Finance Limited (Cartesian) until 25 August 2023. The licence authorises Cartesian to deal...

Completion of Recovery Certificate No. 6075 of 2022 issued against Mr. Yash Paul Jindal [Defaulter] PAN: ACDPJ8198B in the matter of GDR Issue by...

This news item was originally published by the Securities and Exchange Board of India (SEBI IN). See the article here: Read more

Get the latest from Regulatory.News in your inbox!