President Bola Ahmed Tinubu has approved the reappointment of Amos Isaac Azi as Chairman of the Investments and Securities Tribunal (IST), alongside the appointment of new members to the body.
The decision followed recommendations from the Minister of State for Finance, in line with sections 315 and 319 (2) of the Investments and Securities Act 2025.
The appointments represent a significant step towards strengthening the adjudicatory framework of Nigeria’s capital market.
The newly appointed members, with diverse expertise in capital markets, law, finance, and public service, are expected to enhance the tribunal’s efficiency in justice delivery and further boost investor confidence.
Amos Isaac Azi, Esq. has been reappointed as Chairman of the Tribunal. The newly appointed members include Gboyega Oyekanmi, Felix Onwuneme, Shehu Lawal Mandiya, Robert Uchenna Okwuego, Osaze Ize-Iyamu, Ummahani Ahmad Amin, Ali Sadiq Mohammed, Olatunde M. Amolegbe, and Udegbulam Athanatius Chukwuemeka.
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Other existing members of the Tribunal are Orya Ungwaga Roberts and Kamarudee Oladosu.
The IST, a specialised adjudicatory body, was established to ensure the speedy resolution of disputes and enforcement of rights arising from investment and securities transactions.
It plays a critical role in safeguarding fairness, transparency, and integrity within Nigeria’s financial markets, thereby promoting investor confidence.