The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has been re-elected as Vice Chairman of the Africa/Middle East Regional Committee (AMERC) of the International Organization of Securities Commissions (IOSCO) for a second term covering 2026 to 2028.
The SEC disclosed that the appointment was confirmed by IOSCO, the global standard-setting body for securities regulators.
Established in 1983, IOSCO serves as the leading international policy forum for securities regulation, with members responsible for overseeing more than 95 per cent of the world’s securities markets across over 100 jurisdictions.
According to the commission, Agama’s re-election reflects the increasing recognition of Nigeria’s capital market and its growing strategic importance within the Africa and Middle East region.
The development, SEC noted, also underscores the confidence of global regulators in Nigeria’s leadership role, regulatory reforms, and commitment to strengthening the capital market.
The commission stated that the renewed mandate will enable SEC Nigeria to deepen its engagement in global securities regulation, while contributing more actively to discussions shaping international capital market policies.
By virtue of the position, Nigeria will continue to hold a seat on the IOSCO Board, the organisation’s highest policy-making body, where key decisions regarding global regulatory standards, frameworks, and cross-border cooperation are made.
The role provides Nigeria with an opportunity to bring its perspectives and experiences to the table in discussions that influence the evolution of global financial markets.
Commenting on the development, Agama said the re-election would further strengthen Nigeria’s participation in international regulatory dialogue and collaboration.
“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,” he said.
He added that the position would also provide a stronger platform for collaboration with other jurisdictions on cross-border regulatory matters.
“It creates a stronger platform for collaboration with other jurisdictions on cross-border regulatory issues, including tackling illicit financial flows and strengthening supervisory frameworks,” Agama noted.
He further explained that the role aligns with ongoing efforts to position Nigeria’s capital market in line with international best practices, while boosting investor confidence and encouraging greater participation in global financial markets.
Agama said the development reinforces Nigeria’s growing influence in regional and global capital market development.
“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,” he said.
He added that the SEC would leverage the opportunity to strengthen regulatory standards, deepen market integration, and support sustainable economic growth.
“SEC Nigeria remains committed to leveraging this opportunity to advance regulatory excellence, deepen market integration, and support sustainable economic growth,” Agama stated.
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