President Muhammadu Buhari on Monday approved the appointment of a new Chairman/Chief Executive Officer for the Investments and Securities Tribunal (IST).
The new Chairman, Barrister Amos Isaac Azi has been a staff of the Securities and Exchange Commission (SEC) before the president appointed him, a statement from the tribunal on Monday said.
Azi whose appointment began on July 17, 2020, will serve an initial five years in line with the provisions of Sections 275(2) and 277(1) of the Investments & Securities Act (ISA), 2007.
The statement further said the president also reappointed Barr. Nosa Osemwengie as a full time member of the tribunal for a second and final term of four years.
Osemwnegie’s appointment began on August 1, 2020, in line with the provisions of Section 277 (2) of the Investments and Securities Act (ISA), 2007.