Albert Okumagba, the president, Chartered Institute of stockbrokers (CIS), has reiterated that the ongoing repositioning of the Chartered Institute of Stockbrokers (CIS) would put the institute on the global map of professional excellence.
Also, Okumagba stated that the new leadership has been working very closely with the National Assembly in order to ensure the passage of the Bill that would transform the CIS into the Chartered Institute of Securities and Investment.
Okumagba, who was represented by Oluwaseyi Abe, the institute’s first vice president, at the interactive forum with the registered students in Lagos at the weekend, said that one of the objectives of the ongoing transformation of CIS was to bring all the practitioners in the Securities and Investment industry into one fold.
The interactive forum was initiated by the institute and supported by some coaching centres to create a platform where students can rub minds with the institute’s principal officers, top management staff, examiners and heads of lecture centres on the students’ complaints and suggestions as well as the institute’s position on each issue.
In his welcome address, Okumagba explained that CIS was undergoing aggressive transformation to rebrand and reposition for global competitiveness. He urged the students to be frank, sincere and down-to-earth without any fear of victimisation to ask any question as regards the institute’s certification process.
“The institute deemed it necessary at this point to organise this forum in order to create an avenue for exchange of ideas between the institute and and the students. This, I hope will give you students the opportunity to ask relevant questions, make suggestions and contributions to any of the institute’s programmes,” he said.
Speaking on the plan to globalise the CIS professional qualification, Okumagba said “The new leadership will pursue the passage of our bill which is at the 3rd reading stage at the National Assembly for change of its name to Chartered Institute of Securities and Investment.
“In the new dispensation, the institute is poised to bring all the practitioners in the Securities and Investment industry to its fold to ensure that the minimum training and certification is maintained for the advancement of the industry in accordance with its statutory powers as it is practiced in other developed market.”
Adedeji Ajadi, the registrar and chief executive officer of CIS, advised the students to devote more time to the preparation for examinations. According to him, the institute had embarked on some programmes aimed at enhancing seamless preparation for examinations particularly for those who are very busy with their office work and those who live outside Lagos with limited access to coaching centres.
Participants expressed delight at the forum and urged the institute to constantly organise such fora to enable the students have more insight into the institute’s conduct of its Diploma and Professional examinations. Other speakers who shared experiences with the students included Mike Itegboje, the former president; Dapo Adekoje, the 2nd vice president; Akeem Oyewale, a council member; examiners and promoters of the lecture centres.
