Mounir H. Gwarzo became the Director General of the Securities and Exchange Commission (SEC) in May 2015 and Chairs the Africa Middle East Regional Committee (AMERC) of the International Organization of Securities Commissions (IOSCO). He had previously served on the SEC Board as Executive Commissioner in charge of Operations from January 2013 before being appointed as Director General by the President of Nigeria. Prior to joining the SEC Mr. Gwarzo led the Capital Market initiatives of the Federal Mortgage Bank of Nigeria (FMBN) where he facilitated the issuance of Nigeria’s first ever mortgage-backed bond.
Mr. Gwarzo started his career at the Kano State Ministry of Trade and Commerce in 1988 and proceeded to garner a uniquely rich blend of experience as an operator and a regulator. He has worked in well-established institutions in Nigeria’s financial services industry including the Nigerian Stock Exchange (NSE), Century Merchant Bank, Empire Securities Limited and MTL Global Investment Limited. In 1999, he joined the SEC working directly with the then-Director General before heading the Commission’s Investment Division.
Mr. Gwarzo has attended Advanced Management programs at INSEAD and SAID Business School. He has been a fellow of the Nigerian Chartered Institute of Stockbrokers (CIS) since 2000. He obtained a Post Graduate Diploma in Development Finance from the University of Birmingham, UK in 1991 and a Bachelors of Science Degree in Economics from Bayero University Kano in 1987.
In the course of his career, Mr. Gwarzo has delivered more than 25 papers at different seminars and workshops. He has served on about 20 high level Committees either as Chairman or Member receiving commendations for exemplary service and uncommon leadership. He devotes his time to pushing for greater visibility for African and Middle Eastern capital markets as well as pushing for greater financial inclusion for all Nigerians.