Uduk Has Not Resigned As Acting DG, Says SEC

The Securities and Exchange Commission, SEC, has denied that its Acting Director General, Ms. Mary Uduk, has resigned from the Commission.The Commission made this clarification in a statement, Sunday, signed by its Head, Corporate Communications, Efe Ebelo.

Mrs Ebelo said, “SEC’s attention has been drawn to a publication in the media on Sunday June 14, 2020, wherein the Acting Director General, Ms. Mary Uduk, is purported to have resigned from the Commission and a send forth party slated for Monday June 15, 2020.“The Commission therefore wishes to inform the general public  that the Acting Director General of the SEC, has not resigned her appointment with the Commission, neither has she handed over to anyone.

“Ms Uduk, like every other staff of the Commission, is awaiting the arrival of the new DG,, Mr. Lamido Yuguda, who was cleared by the Senate last week,” she said.

According to the Commission no send forth party is being planned for Ms. Uduk, as she is still a personnel of SEC and has not resigned.

“Stakeholders in the capital market and the general public are therefore advised to disregard the contents of the aforementioned publication as they are false,” the statement by the Commission said.