Emomotimi Agama

Last updated
Director-General
Emomotimi Agama
CitizenshipNigerian
EducationAccounting(BSc); Banking and Finance(MSc); Economics(MSc, PhD)
Alma materUniversity of Benin; Rivers State University of Science and Technology
Occupation(s)Securities and Exchange Regulation
Organization(s)Securities and Exchange Commission, Nigeria
Website https://sec.gov.ng/

Emomotimi Agama is a Nigerian securities and exchange regulator. He is the Director General of the Securities and Exchange Commission(SEC) of Nigeria. [1] He was appointed by President Ahmed Bola Tinubu in April 2024 [2] [3] [4] and was confirmed by the Nigerian Senate in June 2024. [5]

Contents

Education

Agama attended the Rivers State University of Science and Technology, graduating in 1991 with a Bachelors in Accounting [6] and subsequently proceeded to the University of Benin, obtaining an MSc in Banking and Finance in 1997 and a second MSc in Economics in 2000. He proceeded to the Nile University, Abuja and successfully obtained a PhD in 2022 with a research focus on "Impact of Cryptocurrency Operations on Macroeconomic Variables in Nigeria". [7] He also holds a postgraduate certificate in capital markets from George Washington University School of Business.

Career

Prior to his appointment as Director General of Securities and Exchange Commission, Agama had served as the Managing Director of the Nigerian Capital Market Institute, a subsidiary of the SEC. [8] He was also seconded to the US Securities and Exchange Commission in 2018. [9]

Agama began his career at the University of Benin where he worked as Accountant and part-time lecturer between 1993 and 2002. He then moved to the National Centre for Women Development, serving as Personal Assistant to the Director General between 2002 and 2003. [10] He subsequently joined the SEC in February 2004 as a Senior Financial Analyst and Special Assistant to the Executive Commissioner (Operations). He rose to become the Deputy Head of Exchanges in 2018, and subsequently the Managing Director of the Capital Market Institute before his appointment as Director General of SEC. [11]

Regulation

Since assumption of office, Agama's role at SEC has mainly focused on regulating the digital assets industry, [12] [13] licensing crypto exchanges, [14] tackling identity management issues in the industry, [15] stimulating innovative instruments in the capital market [16] and providing an enabling environment that fosters investor confidence in Nigeria. [17] [18] [19]

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References

  1. ↑ "Agama assumes office as acting SEC DG - Daily Trust". dailytrust.com. 2024-05-01. Retrieved 2024-09-18.
  2. ↑ Aro, Busola (2024-04-19). "Tinubu appoints Emomotimi Agama as SEC DG, names board". TheCable. Retrieved 2024-09-18.
  3. ↑ Nwachukwu, Iheanyi (2024-04-19). "Tinubu appoints Emomotimi Agama as new DG of SEC". Businessday NG. Retrieved 2024-09-18.
  4. ↑ Ugwu, Chris (2024-04-19). "President Tinubu appoints Emomotimi Agama as new director general of SEC". Nairametrics. Retrieved 2024-09-18.
  5. ↑ Adaji, Daniel (2024-06-06). "Senate confirms Agama as SEC DG". Punch Newspapers. Retrieved 2024-09-18.
  6. ↑ Olujinmi, David (2024-04-20). "SEC: Meet Emomotimi Agama, lecturer-turned market regulator". Nairametrics. Retrieved 2024-09-07.
  7. ↑ "Meet The New SEC DG, Emomotimi Agama – Independent Newspaper Nigeria". 2024-04-22. Retrieved 2024-09-18.
  8. ↑ "Meet new SEC DG, Agama - Daily Trust". dailytrust.com. 2024-04-22. Retrieved 2024-09-18.
  9. ↑ "All Eyes on New SEC DG to Transform the Capital Market – THISDAYLIVE". www.thisdaylive.com. Retrieved 2024-09-18.
  10. ↑ "New SEC DG pledges effective regulation of capital market – Punch Newspapers". 30 April 2024. Retrieved 2024-09-18.
  11. ↑ Obienyi, Chinwendu (April 22, 2024). "NGX: Operators laud Agama's appointment as new SEC DG". thesun.ng.
  12. ↑ Thisday. "Agama-Over 80% Nigerians Interested in Digital Assets Industry". thisdaylive.com. Retrieved 2024-09-18.
  13. ↑ "Nigeria's SEC meets crypto exchanges stakeholders - CNBC Africa". www.cnbcafrica.com. Retrieved 2024-09-18.
  14. ↑ Aro, Busola (2024-09-12). "SEC: 50 cryptocurrency exchanges have applied for licences". TheCable. Retrieved 2024-09-18.
  15. ↑ "Tackling Lingering Identity Management in Capital Market – THISDAYLIVE". www.thisdaylive.com. Retrieved 2024-09-18.
  16. ↑ Bello, Olushola (2024-07-03). "Innovative Instruments Key To Development – SEC" . Retrieved 2024-09-18.
  17. ↑ Oni, Sola (August 21, 2024). "Who's afraid of Emomotimi Agama?". businessday.ng.
  18. ↑ Esiedesa, Obas (August 8, 2024). "SEC calls for collaboration to grow Capital Market ahead of CMC meeting". vanguardngr.com.
  19. ↑ "Capital Market Solicitors Are Indispensable in Nation's Economic Growth – THISDAYLIVE". www.thisdaylive.com. Retrieved 2024-09-18.
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