Wealth & Finance April 2017

Wealth & Finance International 14 Dedication’s What You Need tanbic IBTC is a leading provider of integrated financial services, pensions and wealth management products and services. Stanbic IBTC Pension Managers Limited was incorporated as the Government of Nigeria reformed the pensions industry in 2004. Stanbic IBTC Pension Managers is a subsidiary of Stanbic IBTC Hold- ings (SIBTCH), a leading end to end financial services provider in Nige- ria. SIBTCH is a member of Standard Bank Group, Africa’s 154-year-old and largest financial services group by assets, with operations in 20 countries on the continent and key markets around the world. Eric begins by telling us about the firm’s important market share and their dedicated team of people and technology driven service processes. “From being a pioneer in its industry, Stanbic IBTC Pension Managers quickly became the largest pension fund administrator and currently maintains the lead with assets under management in excess of N1.88 trillion, which accounts for a market share of 31%; and with over 1.5 million customers, has over 20% market share of retirement savings account holders. “Stanbic IBTC Pension Managers has been able to achieve this through its dedicated people, integrated and technology driven service processes, nearness to customers with both physical and electronic channels while ensuring their financial security through best practices and transparency. “The company demonstrates its credibility by delivering competitive investment returns and by paying its current book of 44,000 retirees timely. Cumulatively, it has disbursed over N261 billion to retirees since commencing operations in 2006 and continues to do so with a monthly pay-out of N1.8 billion.” In just over 10 years of operations, Stanbic IBTC Pension Managers maintains a strong financial standing and has grown its shareholders’ funds by more than 8 times its regulatory capital requirement of N1 billion to N8 billion, as of the end of 2016 Eric highlights. “The organ- isation’s success is underlined by deep understanding of local needs, driven by a vast pool of talented and experienced personnel” Eric adds. This has seen the company win several nominations and awards, the most recent being: • The European Global Banking and Finance Awards 2016; • Pension Fund Administrator of the Year; • 2016 Africa Pension Awards and; • Award for the best use of ICT for Excellent Customer Service deliv- ery at the World Pension Summit (Africa Special). “Stanbic IBTC Pension Managers has had many firsts in the Nigeria pensions industry and will continue to reinvent itself by expanding the horizon, providing thought leadership and maintaining nimbleness where it concerns its target customers” Eric concludes. Company: Stanbic IBTC Pension Managers Limited Name: Eric Fajemisin, Chief Executive Email: [email protected] Web Address: www.stanbicibtc.com Telephone: 0700 2255 782 6282 Fund Manager Elite 2017 - Nigeria award winner, Stanbic IBTC Pension Managers Limited, is a licensed Pension Fund Administrator (PFA) in Nigeria. We interviewed the firm’s Chief Executive Eric Fajemisin to find out more about the firm, which comes from a rich heritage in banking, wealth management and investment services. S 1704WF16 “The organisation’s success is underlined by deep understanding of local needs, driven by a vast pool of talented and experienced personnel”