ICSAN Urges Stockbrokers to Join Institute

September 8, 2019
ICSAN Urges Stockbrokers to Join Institute

By Adedapo Adesanya 

President of the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN), Mr Bode Ayeku, has called on stockbrokers at the Nigerian Stock Exchange (NSE) to join its hub of governance professionals.

Mr Ayeku made this call when he led the institute to the NSE, where he beat the gong to signal the closing of transactions last Friday.

“We have a charter that gives us the right to train and certify members as both chartered secretaries and chartered administrators.

“However, we observe that not many people are aware of the second leg of our chartered status, that is, you are also a chartered administrator.

“A lot of people have not joined us because they are not aware of these benefits.” he said during his visit to the exchange.

He noted that the institute was open to all and not just a few selected members of the business world.

“We discover that both brokers and company secretaries have a lot of similarities. Company secretaries are agents of their companies, they are representing the companies and brokers are agents of their clients, representing their clients.

“Company secretaries provide information to the market and brokers use the information we provide on behalf of their clients

“We are inviting stockbrokers to join the institute because they are also administrators and can be better administrators when they join the Institute,” he informed the stockbrokers.

Using the opportunity to enlighten the stockbrokers, Mr Ayeku noted that two past presidents of the exchange were members of the Institute; late Chief MKO Abiola and Oba Otudeko.

Others include Chief Kola Jabutu, and Dr. Suleiman Ndanusa, former Chairman of Securities and Exchange Commission (SEC)

ICSAN is a statutory body established by an Act of the Nigerian Parliament to provide guidance and professional education leading to the professional qualification as a Chartered Secretary and Administrator, is reputed for being a leading global voice on good Corporate and Public Governance.

Adedapo Adesanya

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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