CSCS Receives Award for Advancing Digital Innovation, Cybersecurity 

The Central Securities Clearing System (CSCS) Plc has received the highly coveted ‘Digital Transformation and Cybersecurity Advocate of the Year Award’.

This prestigious accolade which falls under the Segment Awards Category, was given at the Banks and Other Financial Institution’s Awards (BAFI) 2023 ceremony held in Lagos, recently.

CSCS was recognised for its unwavering commitment to advancing digital innovation and reinforcing cybersecurity advocacy within the Nigerian financial sector. The award also reaffirms CSCS’ pivotal role in shaping Nigeria’s financial landscape, making it a paragon of excellence in the industry.

Commenting on this, the managing director and chief executive officer, CSCS, Mr Haruna Jalo-Waziri said: “this award is a testament to the relentless pursuit of excellence and innovation that defines CSCS. Our team’s commitment to embracing digital transformation and enhancing cybersecurity has been a driving force behind our success. We are honoured to be recognized for our efforts in fortifying Nigeria’s financial infrastructure.”

Jalo-Waziri represented by the Divisional head, Business Technology & Digital Innovation, CSCS, Mr. Tobe Nnadozie emphasized the significance of CSCS’ role in the digital age, saying that “the world is evolving rapidly, and the financial industry is at the forefront of this transformation. As the foremost central securities depository, it is our responsibility to ensure that the Nigerian capital market is equipped with the most robust digital infrastructure while maintaining the highest standards of cybersecurity. This award motivates us to keep pushing boundaries and exploring new horizons.”

The award acknowledges the proactive measures taken by CSCS to stay at the forefront of the financial industry’s digital revolution. The company has consistently invested in cutting-edge technologies and cybersecurity protocols to ensure that investors, institutions, and market participants can engage with confidence in the Nigerian capital market. The company is also at the forefront of cybersecurity advocacy ensuring cybersecurity practices in safeguarding market integrity.