The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has stated that the principles of sustainable finance, opens a new vista for all market intermediaries, trustees inclusive, to take their businesses and client relationships to a new and higher level.
He therefore urged businesses to move towards more sustainable and climate-friendly solutions. The SEC DG stated this at the 2024 Business luncheon of the Association of Corporate Trustees (ACT) held in Lagos, with the theme, ‘Sustainable finance: The role of corporate trustees.
Represented by the director, Market Development of SEC, Tunde Kamali said that the theme of this year’s luncheon is quite pertinent.
He noted that “our planet faces daunting challenges. Climate change, resource scarcity, social inequality, and economic instability demand a collective effort towards a more sustainable future.”
He explained that while we cannot over emphasise the pivotal role required of corporate trustees in facilitating sustainable financing, acting as intermediaries between investors and issuers, corporate trustees oversee assets and ensure compliance with legal and fiduciary obligations.
