The Institute of Capital Market Registrars has elected new executives to pilot the affairs of the institute, led by the Managing Director of Africa Prudential Plc, Mrs Catherine Nwosu.
The election of new council members was held at the Annual General Meeting of the institute, which took place in Lagos on Saturday.
ICMR is a membership association for capital market registrars. It provides operating standards, codes of ethics, certification, and continuous educational and professional development for its members.
During the election, the members voted for Nwosu as their next president, Dr. Kamal Okunola as the first vice president, and Mr. Ugochukwu Okonkwo as the second vice president. Four others, including Ezekiel Oni, Mrs. Oby Chiki-Ijegbulem, Mr. Henry Rowlands, and Dr. Joseph Mekiliuwa, were elected as council members.
Speaking after the elections, the President/Chairman of Council, ICMR, Seyi Owoturo, said that the process was rancour-free, reflecting the governance structure that had been put in place.
He said, “We are governance professionals. It’s more about putting the governance process to the test in terms of how this transition will happen. There has been no rancour, no fights, and it’s important that for professionals like us, we are able to demonstrate that it can be done.
“We are a small institute, relatively, if you compare us to CIBN or ICAN and all. But if you start right when you are small, as you grow, the likelihood that you will succeed is better assured. So, for me, this is the first time we’re having this type of election for the institute. For me, it’s a fulfilment of a desire to build on the work that my predecessors have done and to ensure that we don’t do less than they have done, and for that, I’m grateful.”
The newly elected president also spoke and briefly highlighted her agenda, saying, “The first one is to build ICMR as a reputable institute, an institute that will come to the class of the likes of CIBN and others. Secondly, to change the narrative about the registrar industry in Nigeria, the narrative has been that they are people who are slowing things down, people who are not supporting investors; we want to change this. Definitely, by the grace of God, the brand will become a better brand, and then the perception about the registrar industry will greatly improve.”
The newly elected executives would be inaugurated on November 1, during the annual conference of the association.
