Capital market skills not transferable – NSE chief

The Chief Executive Officer of Nigerian Stock Exchange (NSE), Oscar Onyema, has clamoured for distinctive set of skills to further the growth of the capital market.

He said the fourth industrial revolution has made the global race for talent more competitive.

Onyema, who made the call in his speech at the graduation ceremony of the 2019 set of the Graduate Training Programme (GTP) held on Tuesday, said the NSE is making giant strides in the right direction by building streams of talent for the capital market through the GTP.

The Programme was launched in 2015 to cater for the young generations (26-years and below) looking to be among capital market leaders in the future.

Nigerian Stock Exchange, NSE CEO Oscar Onyema, NSE Graduate Trainee Programme

Speaking on the GTP, Onyema said: “The NSE Graduate Trainee Programme is our quest to educate and make employable young and bright Nigerians who can help shape the future of our market and this country, by nurturing them and providing them with the enabling environment to flourish as we recognise that for Nigeria to thrive we need such young leaders who would spark innovation in every sector of the economy.

“The speed and complexity of change in financial markets today means that we can no longer rely solely on the education sector for specialist human capacity development. The fourth industrial revolution has placed added responsibility on the capital market with the emergence of new technologies like blockchain, tokenisation, and cloud computing to mention a few.

“The revolution has made the global race for talent more competitive for corporates to foster an environment in which young graduates can be equipped with requisite skills, necessary to build a sturdy professional foundation and propel them to become thought leaders and captains of industry.

He said certain skills are not transferable but must be taught.

“The unique role played by exchanges requires a distinctive set of skills that are not easily transferrable from other sectors of the financial industry. Hence, the NSE Graduate Trainee Program has been specially designed to fulfill a demand for specialist skills by providing the appropriate talentfit for The Exchange to achieve its strategic business aspirations,” Onyema concluded.



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