The Central Securities Clearing System Plc has received the ‘2018 Outstanding Contribution to the Capital Markets in Nigeria’ award from Capital Finance International.
The CSCS said it was shortlisted for the award based on the initial nomination and voting by CFI.co readers, contributors, subscribers, visitors all over the world to their website, and having fulfilled all the award selection requirements.
It said after going through a rigorous exercise, the judging panel reviewed and declared it the winner of the award.
According to a statement, the CFI judging panel said the CSCS continued to respond efficiently and faithfully to the needs of the securities and commodities market and has a proud record of providing sterling services to the capital markets in Nigeria.
It added that the CSCS looked to the best international models when planning its business but insisted on incorporating in its plan features that responded to the specific needs of the Nigerian market.
The statement read in part, “The judging panel further stated that CSCS takes its corporate governance responsibilities very seriously and constantly seeks out ways to improve.
“The CSCS is very keen to harness technological developments in support of the services it offers. This is a very well-financed and -managed firm that is moving from strength to strength.”
The Managing Director/Chief Executive Officer, CSCS, Mr Haruna Jalo-Waziri, said he was delighted and pleased with the award.
He described it as a confirmation and a testimony of consistent hard work, investment in technology and being customer-focused.
According to Jalo-Waziri, the award is a call to continue to deliver excellent services to all the markets being served.
He said, “This achievement is shaped by the strength of the foundation we have set. It is as a result of consistent hard work, investment in technology and being customer-focused. The foundation of any great organisation such as ours is deeply rooted in technology and sterling services.
“For us at CSCS, customer service is not a department or unit; it is an attitude. We began the year by setting a three-year strategic plan (2018 – 2020) focusing on five strategic pillars: enhanced technology, process optimisation, customer satisfaction, partnership through strategic alliances, and revenue growth.”
Jalo-Waziri added that staying focused on the strategic pillars had started yielding enviable results, while more were expected to come.
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