By Ayomide Otitoju
Mr. Babatunde Majiyagbe, Chief Executive of Stanbic Nominees Limited, has been elected as the President of the Association of Asset Custodians of Nigeria (AACN), succeeding Mr. Abiodun Adebimpe of Rand Merchant Bank Nigeria after his four-year tenure. Previously serving as Vice President, Majiyagbe was elected during peaceful polls held at the association’s Lagos headquarters.
In his acceptance speech, Majiyagbe vowed to build on the legacy of his predecessors, focusing on promoting portfolio investments and advocating for a market-friendly economic environment amid Nigeria’s economic transition. He reaffirmed the association’s commitment to financial awareness and inclusion to foster a robust financial market.
Majiyagbe emphasized the continued significance of the annual Nigerian Investors Conference as a platform to showcase Nigeria’s economic fundamentals globally.
Newly elected officials include Adebola Adedeji-Lawani (Vice President, Ecobank Nominees), Folusho Ogundele (Financial Secretary/Treasurer, Zenith Nominees), Ifedola Oluteye (General Secretary, First Nominees), and Osamuede Fadaka (Publicity Secretary, FSDH Merchant Bank).
Speaking on behalf of the new committee, Fadaka expressed excitement about advancing the AACN’s mandate as a pivotal player in Nigeria’s financial services sector.