The Chartered Institute of Stockbrokers (CIS) has inaugurated its Lagos Island District Society as part of organic membership drive and need for collaboration.
By the inauguration, stockbrokers in the area, shall meet regularly to update themselves on the latest development in the institute and the financial market, uphold the tenets of professionalism, deepen investor education and encourage young ones to take career in securities and investment profession.
In his inaugural speech, President, Chartered Institute of Stockbrokers (CIS), Mr. Oluropo Dada explained the uniqueness of the Lagos Island District Zone, which comprises the largest concentration of securities and investment professionals in Nigeria.
According to him, this imposes on the District, the responsibility to play vital role in the growth and development of the institute.
“The Lagos Island District Society holds a unique position in the annals of our great institute. It is the district with the largest concentration of securities and investment professionals in our dear country, and as such, much is expected from this district. With a significant membership base, this district has a distinct opportunity, and indeed the responsibility of significantly impacting the growth of the institute,” Dada said.
The maiden Chairman, Lagos Island District, Mr. Hakeem Otiti, assured that his members shall collaborate with the institute’s principal officers to bring about rapid development in the securities and investment profession.
Otiti noted that his members were aware of the responsibilities ahead and would work as a team to support the Institute.
“ There is a lot of tasks ahead of us. It is an opportunity to serve, and opportunity to be servants of our institute and I believe we are going to grow the institute’s membership. This district is the nerve centre of the institute. We are going to work in collaboration with the institute and the key members of the community for the accomplishments of the objectives of the district in particular and the institute in general,” Otiti said.
The high point of the inauguration was the taking of the oath of office by the members of the interim executives. The creation of the Lagos Island District Society is aimed at fostering collaborations and a sense of community among members of the CIS in the Zone. In December last year, the institute inaugurated the FCT, Nothern Zone District in Abuja.
