Home Finance & Economy FirstBank to host Q1 financial markets dealer’s association meeting

FirstBank to host Q1 financial markets dealer’s association meeting

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First Bank of Nigeria Limited is scheduled to host 2020 first quarterly meeting of the Financial Markets Dealer’s Association (FMDA) on Thursday, 19 March 2020.

The bank’s Chief Executive Officer (CEO), Dr Adesola Adeduntan, will give the welcome address with the theme, “Nigeria: Fiscal and Debt Sustainability”, which would be delivered by the keynote speaker, Dr Amine Mati, IMF Senior Resident Representative/Mission Chief to Nigeria.

The meeting would convene treasurers, market players, their institutions and other stakeholders from the financial services sector.

The quarterly meeting serves as a platform for in-depth knowledge sharing, dissemination of information and fostering of business relationships of its members in treasury market practice through capacity building professional standards and promoting professionalism in the Over – The -Counter (OTC) markets.

According to Ini Ebong, Group Executive, Treasury & International Banking, First Bank of Nigeria Limited “at FirstBank, we are delighted to host the 2020 inaugural quarterly meeting of the Financial Markets Dealers Association of Nigeria (FMDA), a platform we consider pivotal to the continued growth of financial markets in the country. We are excited with the successes so far achieved by our noble Association – FMDA – as with the right regulatory and risk management framework, we have been able to impact and promote fairness in the activities of members, whilst providing the enabling environment for the required liquidity needed to promote business and impact the national economy.

With the knowledge and insights shared in the course of the quarterly meeting, we would further deepen our resolve towards the unrelenting the role we play in the economy”, he concluded.

FMDA is the principal interface with the monetary authorities through policy advocacy and engagement aimed at promoting sound markets and ethical conducts comparable to international standards that facilitate liquidity, transparency and price discovery and engendering market deepening.

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