The Chartered Institute of Stockbrokers (CIS) has admitted 122 new associate members and conferred fellowships on 51 others.

The institute restated its resolve to increase advocacy for investor education and financial literacy by attracting millennials and Gen Z through the deployment of modern information technology.

Addressing the inductees during the institute’s 27th yearly conference with the theme ‘Appraising New Trends in the Global Financial Market: Localising the Benefits’, its President and the Chairman of the Governing Council, Oluwole Adeosun, who congratulated the new fellows for attaining the highest level in the profession, urged the associate members to uphold the tenets of integrity to operate as certified professionals.

Earlier in his welcome address, Adeosun, explained that CIS had always been on the front line of advocacy in the Nigerian financial market.

According to him, the institute is preoccupied with the training and certification of its members for enhanced global competitiveness.

The Governor of Ogun State, Adedapo Abiodun, expressed delight at the institute’s activities and promised Ogun State’s willingness to collaborate with the market regulators and operators.

He challenged the institute among other key stakeholders on the need to create more awareness of effective utilisation of the capital market to bridge the infrastructural deficit in Nigeria.

Abiodun stated that the capital market served as a veritable source of funds, which governments at all levels could tap into for the execution of various projects and said Ogun State was willing to take advantage of this soon.

Director-General, Securities and Exchange Commission (SEC), Lamido Yuguda, in his goodwill message, said the CIS’ 2023 theme was timely and relevant, stressed that global capital markets were undergoing significant reforms, driven by key trends such as sustainable finance, digital assets, technology, private markets and globalisation.

“These developments underscore the increasing need for investors to stay informed and adaptable. The conference is an opportunity for stakeholders to engage in profound discussions, share insights, and strategize on how Nigeria can effectively navigate the domestic and global capital markets,” Yuguda said.