I have known the unassuming Edun as a stockbroker since early 90s, when I was reporting the market for The Guardian during the Open Outcry trading system termed the Call-Over. As an Executive Director at Investment Banking and Trust Company Limited now, Stambic IBTC PLC, he was highly respected as a cerebral professional. His credentials as a former Commissioner for Finance in Lagos State remains a reference point.
One of the earliest pronouncements of President Tinubu was the plan by his administration to reform the Nigerian financial market: The reform aims at reactivating the economy. Annually, Chartered Institute of Stockbrokers holds National Workshop which brings many talents from the financial market to dissect the economy and advise the government on the medium and long term investment opportunities in the Nigerian capital market.
Barring unexpected glitch, the newly sworn-in Minister of Industry, Trade and Investment, Dr Mrs Doris Uzoka-Aniete and Minister if Marine and Blue Economy, Mr Adegboyega Oyetola are expected at the Workshop to gain insights from Stockbrokers on the revival of the economy.
Market reform under the new administration should be geared towards development of financial infrastructure and increase in effectiveness of the existing institutions.
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