International body re-elects Oteh as AMERC chairperson

The Director-General, Securities and Exchange Commission, Ms. Arunma Oteh, has been returned unopposed as the Chairperson of the African/Middle East Regional Committee of the International Organisation of Securities Commissions.

The development took place at the 39th annual conference of the organisation, which is currently taking place in Rio de Janeiro, Brazil.

As a result of the election, Oteh will also serve on the Executive Committee, which is the highest decision-making organ of IOSCO for the next two years.

Oteh, who became SEC DG in 2010, was quoted as saying her election as AMERC Chair was a demonstration of the confidence in her and her team at SEC and Nigeria as a whole.

She promised to protect the region’s interest and uphold the goals and ideals of the global body.