Adeosun becomes president of Stockbrokers’ Institute

Oluwole Adeosun, described as a core finance professional, is the new president of the Chartered Institute of Stockbrokers (CIS). He will also double as the chairman of the governing council of the body following his election into both roles.

With his election at the institute’s hybrid annual general meeting (AGM) over the weekend, Adeosun, the institute’s former first vice president, takes over from the erstwhile president, Olatunde Amolegbe, whose tenure was characterised by many laudable achievements.

By his election, Adeosun shall be formally decorated with the paraphernalia of office in a high profile event called investiture at a later date.

Under this change of baton, Oluropo Dada, the institute’s second vice president, automatically emerged the first vice president.

Adeosun, a fellow of the institute and a multidimensional professional, brings on board over two decades of robust experience in the financial market.

A product of the prestigious Loyola College, Ibadan, he holds a B.Sc. (honours) in Business Administration from the University of Ilorin in 1986 and capped it with a Master’s Degree in Business Administration (MBA) and specialising in finance and banking from University of Lagos in 1993.

Adeosun trained at Coopers and Lybrand (Chartered Accountants), now PricewaterhouseCoopers and qualified as a chartered accountant in May 1991. He later qualified as a chartered stockbroker and banker.

He has been a long-standing member of the governing council of the Chartered Institute of Stockbrokers since April 2013 and has served as the institute’s first vice president in 2020-2022 and second vice president from 2018 to 2020. He also served as a member of the finance and general-purpose committee of the Chartered Institute of Bankers of Nigeria (CIBN) and its investment subcommittee.

Among the major highlights of the meeting was the re-election of Fiona Ahimie and Adeyemi Aina to the institute’s governing council, and the election of Ayodeji Ebo and Elile Olutimayin to the board.

The new CIS president is the managing director and chief executive officer of Chartwell Securities Limited and a distinguished fellow of many major professional institutes in Nigeria’s financial services sector, including, Institute of Chartered Accountants of Nigeria (ICAN), Chartered Institute of Bankers of Nigeria (CIBN) and Chartered Institute of Taxation of Nigeria (CITN), amongst others.

In a recent interview, Amolegbe, the institute’s immediate past president, expressed optimism that he had left behind a team of top notch professionals that would further advance its growth and development.

“My Priority has always been to enhance the institute’s brand positioning by increasing its visibility via advocacy while putting the members’ welfare on the front burner,” Amolegbe said.

Senior stockbrokers commended the principal officers and management of the institute for its visibility and returning it to profitability despite the inclement operating environment. Among them were Elizabeth Ebi, group managing director, Futureview Group; Oladipo Aina and Oluwaseyi Abe, both past presidents.