Purposeful innovation key to capital market growth — Owoturo

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Chief Executive Officer of Coronation Registrars Limited, Oluseyi Owoturo, has emphasised that the sustainable growth and expansion of Nigeria’s capital market depend heavily on purpose-driven innovation that resolves operational friction and elevates the overall investor experience.

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Speaking following the firm’s recognition with three international awards in 2026, Owoturo noted that technology-led solutions remain essential to building trust, improving market efficiency, and creating long-term value for corporate issuers and retail investors alike.

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The company secured two accolades at the Global Economics Awards: Most Innovative Registrar for Unclaimed Dividend Resolution and Leading Registrars for Capital Market Services.

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It was also named winner of the Gazet International Annual Award for Excellence in Shareholder Services and Capital Market Administration – Nigeria 2026.

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“These recognitions reflect our commitment to redefining shareholder services through innovation, operational excellence, and a deep understanding of our clients’ evolving needs,” Owoturo said.

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“At Coronation Registrars, we believe every interaction should build trust, simplify processes, and create lasting value for shareholders, issuers, and the wider capital market ecosystem. We are honoured by these awards and remain committed to setting higher standards of excellence in the industry,” he added.

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Over the years, the subsidiary of Coronation Group has strengthened its operational footprint by deploying digital platforms across dividend administration, corporate actions management, shareholder registry tracking, and online investor self-service.

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The award for unclaimed dividend resolution highlights the firm’s contributions toward tackling one of the Nigerian capital market’s most enduring challenges. By leveraging practical digital verification tools and streamlined e-mandate onboarding, Coronation Registrars has simplified the dividend recovery process for retail investors.

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The firm affirmed that it will continue to deepen its digital transformation strategy, enhance corporate governance support, and align its infrastructure with evolving market frameworks across the Nigerian financial ecosystem.

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The international accolades come as capital market operators in Nigeria increasingly prioritise technology to automate legacy post-trade processes and enhance market participation. Unclaimed dividends have long remained a key structural issue within the Nigerian Exchange Limited ecosystem, largely due to paper-based registration, missing bank verification details, and legacy account records.

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By building digital touchpoints that enable automated identity verification and seamless data reconciliation, registrar firms serve as a crucial bridge in unlocking dormant investor capital. For corporate issuers, maintaining modern, tech-enabled registrar operations is essential for ensuring smooth corporate actions, regulatory compliance, and sustained investor trust.

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