Ambitious Reform Agenda Unveiled by New CIS President
Fiona Ahimie has been inaugurated as the 14th President and Chair of the Board of Trustees of the Chartered Institute of Stockbrokers (CIS), bringing with her a vision for transformative reforms aimed at enhancing the Institute’s influence and expanding its reach both nationally and regionally. This will also serve to raise the profile of its professional qualifications.
Endowment Fund Proposal for Future Professionals
Ahimie, marking a historic milestone as the first female president of the CIS, proposed the creation of a five billion naira endowment fund. This initiative is designed to support aspiring capital market professionals who lack financial means to pursue careers in the securities and investment industry.
Leadership Transition in the CIS
During the inauguration, First Vice President Hakeem Oyewole and Second Vice President Jude Chimeka were also sworn in, while the outgoing President, Oluropo Dada, assumed the role of Immediate Past President (IPP).
Strengthening the Foundation for Future Growth
In her inaugural address, Ahimie emphasized the significance of the proposed 5 billion naira CIS endowment fund, which aims to empower talented young professionals. She is committed to building on the successes of her predecessor, positioning the institute as a pivotal player in capital market development and Nigeria’s broader economic transformation.
A Vision for Institutional Relevance
Ahimie acknowledged the contributions of Oluropo Dada, referring to him as a great mentor. She noted that under his leadership, collaboration among industry executives was enhanced, significantly elevating the institute’s profile. In her view, the institute’s relevance will be defined not by its past, but by their collective determination to thrive in the present.
Five-Point Agenda for Member Engagement
She outlined a comprehensive five-point agenda focusing on enhancing member engagement, increasing awareness of CIS accreditation, expanding national membership, fostering regional integration, and ensuring financial sustainability. A key initiative will include launching a member engagement program designed to boost visibility and participation of stockbrokers and investment professionals in industry forums and policy discussions.
Expanding National Presence and Inclusion
Achimie also expressed intentions to broaden the CIS presence beyond major hubs such as Lagos and Abuja. This strategy will involve strengthening regional structures and establishing additional district associations across the country to promote national inclusivity.
Support and Acknowledgment from Industry Leaders
The launch event gathered a diverse group of distinguished guests, including senior government officials and leaders from the private sector and financial services. Notable attendees included Nigeria’s Vice President Kassim Shettima, Ekiti State Governor Abiodun Oyebanji, and Imaan Sulaiman-Ibrahim, the Minister of Women’s Affairs. Their presence underscored the institute’s commitment to gender inclusion, as well as heightened confidence in Ahimie’s leadership.
