Nigeria’s leading financial services group and holding company, FBN Holdings Plc, led the capital market as the Listed Company of the Year at the 2021 Nigerian Investor Value Awards (“NIVA”).
The BusinessDay newspaper collaborated with the Nigerian Exchange Limited for the 2021 edition of the NIVA event which took place at the Lagos Intercontinental Hotel, Victoria Island Lagos.
According to the organisers, the Listed Company of the Year award“is bestowed on a company that has proven the resilience of its business model, recovery capacity across all verticals it participates in, and strategic opportunism in new growth areas” This award is in recognition of the indelible contributions of FBNHoldingsand its subsidiaries to the economic growth of Nigeria, through its 127 years of existence; representing all that is enviable about the financial services industry in Nigeria, reinventing itself to transform into a digital bank with sprawling footprints across the country and Africa.
Receiving the award on behalf of FBNHoldings, the Group Managing Director, U.K. Eke, MFR, said; “we are delighted to have been recognised for the impeccable roles we continueto play to support the growth of the Nigerian economy and indeed the Stock Market where we have been a leading player for many decades’. With our dedication to Nigeria and the Nigerian people, the FBN Holdings Group has been providing exceptional services to its customers, bringing mainstream banking to Nigeria’s 774 LGAs.
Through our Agent Banking platform, we empower peopleand transform lives. Our shareholders remain key to our success story and every day we strive to deliver quality returns on their investment whilst strengthening the fundamentals of the business through smart investment in technology, our people, and process. As a business, we also prioritize our Economic, Social, and Governance practices to ensure the sustainability of the environment.”
The company has also recently won the Holding Company of the Year and has platinum certification as a Great Place to work from the Great Place to Work Institute.
About FBN Holdings Plc.
FBN Holdings Plc. is the non-operating financial holding company of one of the largest banking and financial services organisations in Africa. A truly diversified financial services Group that offers a broad range of products and services, including commercial banking, merchant banking and asset management, and insurance brokerage to millions of customers. FBNHoldings oversees business groups that collaborate to deliver innovative financial solutions.
The bank and the non-bank subsidiaries of the holding company operate in Nigeria, as well as through overseas branches, subsidiaries, and representative offices across the world. The companies in the FBNHoldings group include; First Bank of Nigeria Limited (FirstBank), a commercial bank with operations in 11 countries; the Merchant Banking and Asset Management business of FBNHoldings, which comprises FBNQuest Merchant Bank Limited, FBNQuest Capital Limited, FBNQuest Trustees Limited, FBNQuest Capital Asset Management Limited, FBNQuest Funds Limited, and FBNQuest Securities Limited.
FBN Insurance Brokers Limited is a subsidiary of FBNholdings. The business combines expert insurance brokerage knowledge and capabilities for risk assessment, analysis, structuring, and advisory services in the Life and General insurance business.