Africa / Middle-East Regional Committee
The AMERC is one of four regional committees constituted by IOSCO to focus on regional issues relating to securities regulation in the African / Middle-East region.
Members of the Africa / Middle-East Regional Committee
Chair
H.E. Waleed Saeed Al Awadhi, Chief Executive Officer, Capital Market Authority, United Arab Emirates
H.E. Waleed Saeed Al Awadhi is a seasoned leader with over two decades of experience across financial services, financial regulation, governance, public policy, and legislation. He currently serves as Chief Executive Officer of the UAE’s Capital Market Authority, where he is advancing the regulatory framework in line with international standards, strengthening market integrity, and steering the Authority’s strategic direction in support of national economic priorities.
Prior to this role, H.E. Al Awadhi was Chief Operating Officer at the Dubai Financial Services Authority (DFSA), the independent integrated regulator of the Dubai International Financial Centre (DIFC). In this capacity, he oversaw key functions including licensing and authorisation, strategic operations, technology and innovation, cybersecurity, and corporate affairs, and led the Authority’s digital transformation programme.
He is actively engaged with global standard-setting bodies, including the International Organization of Securities Commissions (IOSCO), the Islamic Financial Services Board (IFSB), and the Union of Arab Securities Authorities (UASA). He currently serves as Chair of IOSCO’s Africa and Middle East Regional Committee (AMERC) and is a member of the IOSCO Board. He is also a global assessor for the Financial Action Task Force (FATF)’s Mutual Evaluations.
At the national level, H.E. Al Awadhi serves on several boards and committees, including Dubai Health, Al Etihad Credit Bureau, Al Jalila Foundation, and the National CSR Fund (Majra), in addition to the National Anti-Money Laundering and Combating the Financing of Terrorism Committee.
Earlier in his career, he held senior roles across banking, media, real estate, and technology, including at Emirates Islamic Bank, Abu Dhabi Media, Dubai Holding, and Etisalat. He holds a Master of Laws in Commercial Law and a Bachelor’s degree in Applied Business Science and is an alumnus of Harvard Business School. He is also the author of The Sustainability of Family Businesses in the United Arab Emirates.
Vice Chair
Dr. Emomotimi John Agama, Director General, Securities and Exchange Commission, Nigeria
Board Representative
Mr. Désiré Vencatachellum, Chief Executive, Financial Services Commission, Mauritius
Members (29)
Financial Services Regulatory Authority, Abu Dhabi
(Mr. Emmanuel Givanakis, Chief Executive Officer)
Commission d'Organisation et de Surveillance des Opérations de Bourse, Algeria
(Mr. Youcef BOUZENADA, Chairman)
Comissão do Mercado de Capitais, Angola
(Mr. Elmer Serrão, Chairman / Mr. Vasco Januário, Executive Director)
Central Bank of Bahrain, Bahrain, Kingdom of
(Mr. Ali Haroon Al Aamer, Director of the Central Bank of Bahrain's Capital Markets Supervision Directorate)
Auditoria Geral do Mercado de Valores Mobiliários, Banco Central of Cabo Verde, Cabo Verde
(Ms. Ana Cristina Lopes Semedo, General Audit)
Commission de Surveillance du Marché Financier de l'Afrique Centrale (Securities and Exchange Commission of Central Africa), Central Africa
(Ms. Danielle Bunduku-Latha, Secretary General)
Dubai Financial Services Authority, DIFC, Dubai
(Mr. Mark Steward, Chief Executive)
Financial Regulatory Authority, Egypt
(Dr. Mohamed Farid Saleh, Executive Chairman)
Securities and Exchange Commission, Ghana
(Dr. James Klutse Avedzi, Acting Director General)
Securities and Exchange Organization, Iran
(Dr. Hojatollah Saydi, Chairman)
Jordan Securities Commission, Jordan
(Emad M. Abuhaltam, Chairman)
Capital Markets Authority, Kenya
(Mr. Wyckliffe M. Shamiah, Chief Executive Officer)
Capital Markets Authority, Kuwait
(Mr. Tareq Abdullateef AlShehab, Commissioner)
Reserve Bank of Malawi, Malawi
(Mrs. Khumbo Mtalika, Director, Capital Markets and Microfinance Supervision)
Financial Services Commission, Mauritius
(Mr. Désiré Vencatachellum, Chief Executive)
Autorité Marocaine du Marché des Capitaux, Morocco
(Mr. Tarik SENHAJI, Chairman and CEO)
Securities and Exchange Commission, Nigeria
(Dr. Emomotimi John Agama, Director General)
Financial Services Authority, Oman, Sultanate of
(Mr. Abdullah Salim Al-Salmi, Executive President)
Palestine Capital Market Authority, Palestine
(Mr. Barraq Adli Rashed Nabulsi, General Director)
Qatar Financial Markets Authority, Qatar
(Mr. Tamy Ahmed Ali Al Boutamy Al Binali, Chief Executive Officer)
Capital Market Authority, Saudi Arabia
(Mr. Mohammed Abdullah Elkuwaiz, Chairman of the Board of the Capital Market Authority / Mr. Khaled Alhomoud, Board Commissioner)
Financial Sector Conduct Authority, South Africa
(Ms. Astrid Ludin, Deputy Commissioner / Mr. Kedibone Dikokwe, Divisional Executive in the Market Integrity Division)
Syrian Commission on Financial Markets and Securities, Syria
(Dr. Abdul Razzak Kasem, Chairman and CEO)
Capital Markets and Securities Authority, Tanzania
(Mr. Nicodemus D. Mkama, Chief Executive Officer)
Conseil du marché financier, Tunisia
(Mr. Hatem Smiri, Chairman)
Capital Markets Authority, Uganda
(Ms. Josephine Okui Ossiya, Chief Executive Officer / Dickson Ssembuya, Director Research and Market Development)
Capital Market Authority, United Arab Emirates
(H.E. Waleed Saeed Al Awadhi, Chief Executive Officer)
Autorité des Marchés Financiers de l’UMOA, West African Monetary Union
(Mr. Badanam PATOKI, Chairman)
Securities and Exchange Commission, Zambia
(Mr. Phillip K. Chitalu, Secretary and Chief Executive)
Associate Members (Non-Voting Members) (12)
Union of Arab Securities Authorities, Arab Union
(Marwa Shata, Director of International Relations)
Non-Bank Financial Institutions Regulatory Authority, Botswana
(Ms. Verily Molatedi, Acting CEO)
Financial Services Regulatory Authority, Eswatini
(Mr. Ncamiso T. Ntshalintshali, Chief Executive Officer)
Iraq Securities Commission, Iraq
(Faisal Al Haimus, President of the Iraq Securities Commission)
Capital Markets Authority, Lebanon
(Mr. Karim Souhaid, Chairman / Mr. Walid Kadri, Executive Board Member)
Banco de Moçambique, Mozambique
(Dr. Rogério Zandamela, Governor / Mrs. Elda Monteiro, Director / Mr. Jamal Omar, Director)
Namibia Financial Institutions Supervisory Authority, Namibia
(Mr. Kenneth S Matomola, Acting CEO)
Qatar Financial Centre Regulatory Authority, Qatar
(Mr. Michael G. Ryan, Chief Executive Officer)
Capital Market Authority, Rwanda
(Ms. Staci Warden, Chairperson)
Financial Services Authority, Seychelles
(Ms. Virginie Quatre, Director Capital Markets, Collective Investment Schemes Supervision Sectionvation)
Prudential Authority, South Africa
(Ms. Suzette Vogelsang, Head of Department: Banking, Insurance and FMI Supervision Department / Ms. Shamila Kara, Divisional Head: FMI Supervision)
Securities and Exchange Commission of Zimbabwe, Zimbabwe
(Mr. Anymore Taruvinga, Chief Executive Officer)
