Friday, March 29, 2024

Buhari appoints new Chairman for IST

President Muhammadu Buhari on Monday approved the appointment of Barrister Amos Isaac Azi as Chairman/Chief Executive Officer for the Investments and Securities Tribunal (IST).

Azi, before this appointment, was a staff of the Securities & Exchange Commission.

A statement from the IST said “his appointment is for an initial period of Five (5) years in accordance with the provisions of Sections 275(2) and 277(1) of the Investments & Securities Act (ISA), 2007. The appointment is with effect from 17th July 2020.”

Similarly, President Buhari has approved the reappointment of Barr. Nosa Osemwengie as a full-time member of the Investments and Securities Tribunal, for a second and final term of four (4) years.

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His appointment is said to be in accordance with the provisions of Section 277 (2) of the Investments & Securities Act (ISA), 2007.

The appointment is with effect from 1st August, 2020.

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