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CSCS bags Market Choice award for counterparty trust assurance

The Central Securities Clearing System (CSCS) Plc, Nigeria’s capital market infrastructure, has bagged the prestigious Market Choice award for outstanding counterparty trust assurance.

Mr Haruna Jalo-Waziri, the Chief Executive Officer of CSCS, said in a statement in Lagos that the CSCS was commended for its broad asset class coverage, enhanced collaboration with market participants and commitment to market efficiency and growth.

He added that the award was a call for continuous improvement and a boost to the CSCS tenacious commitment to delivering on market-efficiency initiatives.

“I would like to dedicate this award to our esteemed participants, whose loyalty, support and constructive feedbacks continue to enhance our operations and broader service to the Nigerian capital market.

“I would like to express my profound gratitude to our regulator, the Securities and Exchange Commission as well as the Board of Directors of CSCS for their diligent oversight and for ensuring sound governance which I believe is essential to every corporate’s sustainability and long-term value creation.

“I know the stakes are higher as we have set new benchmarks, albeit I am more than ever optimistic in our capacity to do more and work with our participants in delivering better experience and value to investors in the Nigerian capital market,” Jalo-Waziri added.

Previously known as the “Top CEOs and Next Bulls Awards,” had been jointly organised by BusinessDay and the Nigerian Exchange Limited (NGX) since 2015.

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