The Federal Ministry of Finance, Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC), Nigeria Exchange Group (NGX), are among the top agencies and institutions to headline the Investors Conference organized by the Association of Asset Custodians of Nigeria (AACN).
The Annual conference of the umbrella body for Nigerian custodian banks is the 9th edition, with experts and key players in the economy and capital market pencilled to grace the event.
Restoring a new normal, against the disruption inflicted by the COVID-19 pandemic, will be the fulcrum of the two-day capital-market focused conference, which holds virtually, on Tuesday, 15th and Wednesday, 16th of June 2021. It has the theme, ‘Nigerian Capital Market: The Road To New Normal’.
Among headliners to participate at the event include representatives of the Federal Ministry of Finance, Central Bank of Nigeria CBN, Securities and Exchange Commission (SEC), Nigeria Exchange Group (NGX), and CSCS Plc. Others are Mobolaji Onibudo, Founder and CEO of Xendbit-Digital Transaction Services Ltd; renowned Africa Economist, David Cowan; Bola Ajomale, MD/CEO of NASD OTC Plc; and Igboa Abumere, CISO/DPO, Stanbic IBTC Bank Plc.
The choice of theme, according to the President of the association, Biodun Adebimpe, is to reflect on the new volatility which the COVID-19 pandemics have imposed on the global economy, as well as specific markets, making it imperative to embrace any opportunity to unlock market reforms and economic activities that ensure a quick return to stability and normalcy.
It has been such a turbulent journey which has reflected in the ups and downs of share prices and asset classes, Adebimpe noted, adding that finding ways of mitigating future shocks is a task before all stakeholders in the capital market. This outcome underpins the essence of the event.
Among topics to be dissected at the conference include ‘Nigeria Macroeconomics update’, ‘Securities service offering in the wake of a global pandemic’, ‘Key highlights of CAMA Act 2020 & Finance Acts 2020 and potential impact on portfolio investments’, and ‘Cybersecurity,’
AACN’s Publicity Secretary, Deoye Oduntan, reiterated the commitment of the Association to promoting portfolio investments in Nigeria, especially at this difficult time that the country is trying to recover from the devastating global disruption inflicted by the COVID-19 pandemic.He assured that the AACN would continue to explore ways of supporting the growth and development of the Nigerian financial market by collaborating with relevant stakeholders as well as the Federal Government. He urged participants to register via the link: https://assetcustodians.com.ng/register/
The AACN is the umbrella body for Nigerian custodian banks. The members provide investor services and custodial services such as asset safekeeping, corporate actions etc. to foreign and domestic institutional investors.
Such clients include Global Custodians, Fund Managers, international Broker/Dealers and domestic and foreign institutional investors such as Insurance companies, and collective investment schemes (Mutual Funds), among others.