By Tony Obiechina, ABUJA
Nigeria’s first Prof of Capital market, Prof Uche Uwaleke has been elected the President of the newly registered Association of Capital Market Academics of Nigeria.
According to the certificate of incorporation no CAC/IT/NO 121224 issued by the Corporate Affairs Commission, the Aims and Objectives of the Association include to serve as a forum for galvanizing ideas from capital market scholars as well as provide a platform for disseminating research findings as regards the capital market in institutions of higher learning in Nigeria.
Prof Uche Uwaleke, who is the Head of Banking and Finance department at the Nasarawa State University Keffi, told journalists in Abuja the Association is a forum that brings together principally Academic Staff of Tertiary Institutions in Nigeria engaged in research and the teaching of capital market related courses such as Securities and Investments, Portfolio Management, Financial Derivatives, Introduction to Capital Markets, Corporate Finance, Investment Law etc.
According to him, membership is inter-disciplinary cutting across teaching in various programmes in tertiary Institutions in Nigeria including Banking and Finance, Economics, Accounting, Management and Law.
He said “The Association shall be disseminating research findings and keep members abreast of developments in the global and national capital markets through regular academic conferences and publication of an international journal of capital market research”.
He equally added that the Association will serve as a bridge between the Academia and the Industry by working closely with academically-minded capital market operators in conducting joint research with practical relevance.
Prof Uwaleke described the birth of ACMAN as a new dawn for capital market education in Nigeria and hopes that key stakeholders such as the Securities and Exchange Commission and the Nigerian Stock Exchange will in the near future leverage the Association’s reach and membership strength in promoting capital market literacy in Nigeria.
ACMAN has as its Secretary Barrister George Ibekwe who teaches Investment Law at the Nigerian Law School Kano.