Yuguda out as Tinubu appoints Emomotimi Agama as SEC DG

President Bola Tinubu has appointed Emomotimi Agama as the new director general of the Securities and Exchange Commission (SEC), to take over from Lamido Yuguda.

Special adviser to the president on media and publicity, Ajuri Ngelale who disclosed this in a statement on Friday, said Tinubu also appointed Lairiga Katuka as SEC’s board chairman.

Ngelale said Frana Chukwuogor was appointed as executive commissioner (legal and enforcement); Bola Ajomale, executive commissioner (operations); Samiya Usman, executive commissioner (corporate services).

Tinubu approved the appointment of Lekan Belo and Kasimu Garba Kurfi as non-executive commissioners.

Ngelale added that the president anticipates the SEC board will bring to bear their wealth of experience and competence in advancing the commission’s core mandate.

He said the responsibilities of SEC are developing and regulating a capital market that is dynamic, fair, transparent, and efficient, to bolster investor confidence and contribute immeasurably to the nation’s economic development.