Great news broke on Wednesday 31st August 2016, that founding Chairman and Chief Executive Officer of Dunn Loren Merrifield Group, who is also on the board of Real Estate Unite, Mr Sonnie Ayere has been named the new President, Association of Issuing Houses of Nigeria (AIHN) at an investiture ceremony held in Lagos.
According to Vanguard, the presentation of Ayere and other key principals of AIHN was part of activities in the association’s Annual General Meeting. At this event, the immediate past chairman of AIHN, Mr. Victor Ogiemwonyi commented that credibility and transparency of operational transactions in the market would help boost the confidence of Issuing Houses in Nigeria.
In his address to members of the association, Mr. Ayere called for a unified frontier by partnering with allied bodies such as the Chartered Institute of Stock Brokers (CIS), Pension Fund Operators Association of Nigeria (PenOps), Fund Management Association of Nigeria (FMAN), Association of Corporate Trustees (TACT) in resolving pertinent challenges that currently affect the efficiency of service delivery in the financial markets. “We will invest in the education of our markets, investors and where necessary, regulators to ensure we achieve a positive change in the way our industry operates. When successful, universal securities firms should hopefully begin to operate and service investors and clients across a wholesome, viable and sustainable financial market, with access to sustainable liquidity to finance their operations. As such, these firms will be able to build very strong institutions, intermediate better, create lots of high value jobs, contribute to financial market stability and facilitate a much better market for capital raising and trading.” Ayere said.
Mr. Ayere also requested for the consideration of flexible fee structures, as an incentive within the market to accommodate interest of Issuing Houses in providing varied level of services to small and large transactions for companies.
The 3INVEST team officially congratulates Mr. Ayere on his new appointment and wishes him a successful stay in office.
Culled from: Vanguard