The Board of Fellows of Chartered Institute of Stockbrokers has conferred Fellowship on the Chief Executive Officer of First Registrars and Investor Services Limited, Dr Bayo Olugbemi.
The fellowship is the highest rank for a certified stockbroker.
In his opening remarks at the investiture, the Chairman of the CIS Governing Council, Oluwole Adeosun, described Olugbemi as a “quintessential Nigerian finance professional.”
He said, “Dr Olugbemi is an authority in registrar and investor support functions in the capital market. His work career since 1982, has been intertwined between banking and the capital market. He is an undisputable leader in the share registration service.”
Adeosun stated further that Olugbemi’s impact had been felt in no less than four Registrar service companies in Nigeria, thereby underscoring the importance of the sector to the Nigerian economy.
Receiving the fellowship, Olugbemi, a former president of Chartered Institute of Bankers of Nigeria, appreciated the Institute for considering him worthy of the honour.
Olugbemi vowed to foster positive relations between the Institute of Capital Market Registrars and CIS.
“To God, I give glory for my journey in life and the capital market as I ascend to a higher level in my career today. I express gratitude to the Institute of Stockbrokers. My 41-year journey in the financial sector services has been a rollercoaster of growth and experiences culminating in this esteemed recognition at the very right time,” he said.
He tasked the younger generation to have integrity, honesty and diligence as virtues. He said these were the virtues to achieve tremendous feats.
Speaking on the sidelines of the event, Adeosun said that Olugbemi’s investiture was not an honorary title but a professional one after he had scaled the Institute’s integrity tests examinations.
Adeosun added that the CIS was working hard to engage millennials through comprehensive investor literacy education.
According to him, recently CIS created a course; Securities and Investment, which the National Universities Commission approved for tertiary institutions. Only two schools in Nigeria, Nasarawa State University, in Keffi and Mountain Top University, in Ogun State currently offer the courses. The CIS’ President, said talks were ongoing to spread the courses to other universities.
The event was graced by personalities from the financial market and other sectors of the economy.
