Demutualisation Will Bring Many Benefits To Stock Market - Amolegbe

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Mr Olatunde Amolegbe, a well-versed financier of nearly three decades and Fellow of the Chartered Institute of Stockbrokers (CIS) was recently elected as

the 11th president and chairman of Governing Council of the Institute. Amolegbe, managing director of Arthur Stevens Asset Management Limited, in this interview with, speaks on the stockbroking profession, his vision, the financial markets and economy generally.

The first benefit of the current situation is that everyone, brokers, investors, and regulators now accept that technology is the way of the future. It is inevitable that most of the innovations put in place now will have to be sustained even after COVID-19: issues like remote trading, e-payments, e-IPOs and so on will become the order of the day. At CIS we have gone full swing into online training, and similar innovations will soon be incorporated into our examinations.

The Nigerian Stock Exchange is being demutualized. What are the implications for the Exchange itself and other members of the capital market ecosystem?

 

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