SEC’s Acting DG resumes office

The newly appointed Acting Director General of the Securities and Exchange Commission, SEC, Mr. Ibrahim Bello, will resume work today.

The Minister of Finance, Dr. Ngozi Okonjo-Iweala, had last week announced that Mr Bello will take charge of affairs at the regulatory body, as the four-year term of the current board of SEC led by Senator Udoma Udo Udoma expired last Friday.

Until his appointment, Mr Bello was the Director of Administration with the SEC. He is a fellow of the Chartered Institute of Stockbrokers (CIS) and currently a Council Member of the Institute.

He attended Government Secondary School Ilorin, Federal Government College Sokoto and University of Lagos and graduated with B.Sc Business Administration in 1978. He holds an MBA from Ahmadu Bello University ABU Zaria in 1981.

Bello did his National Youth Service at the Nigeria Stock Exchange, Kaduna Branch and qualified as a Chartered Stockbroker in 1979. He started his career at Capital Stockbrokers Limited, a stockbroking firm in 1979.

The new SEC boss has 33 years working experience which spanned Banking, Stockbroking and Capital Market Regulations with companies such as, Icon Merchant Bank, Citi Trust Merchant bank, and Empire Securities Limited where he was the MD/CEO, until he joined SEC in 2001 as a Deputy Director. He was appointed a Director in 2006.

His working experience in SEC includes Head of Registration department, Head of Lagos Zonal office, then became Director of Transformation and now Director of Administration.