The Nigerian Securities and Exchange Commission (SEC) has given Alpha Morgan Capital Advisory Partner Limited the licence to function in the Nigerian capital market.
Commenting on this, Ade Buraimo, group managing director of the company, said the licence has made the organisation a full-fledged investment banking institution engaging in wealth management, portfolio and funds management, issuing house, financial advisory and underwriting.
“The Investment banking licence is coming at a time when the capital market needs innovation to deepen it and make it an enabler of economic development,” he said in a statement.
“I am confident that with the variety and depth of skills, experience and commitment possessed by Alpha Morgan Capital, the Nigerian capital market is set to witness a positive revolution.”
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Buraimo also announced the appointment of George Imade as managing director of the company.
Prior to his appointment, Imade was the executive director investment banking in the Alpha Morgan Group and associate director at Planet Capital.
Imade has a master’s in business administration. He is an associate of chartered institute of stock brokers (ACIS) and a registered capital market operator with SEC.
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The organisation has won various awards including LCCI’s emerging investment banking institution in 2016.
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