Stanbic IBTC Pension Managers Limited, a Pension Fund Administrator (PFA), has posted over N1trillion worth of assets in 10 years.
Chief Executive of the company, Eric Fajemisin, in a statement in Lagos, said the company has emerged as Nigeria’s leading PFA with over one million retirement savings account holders under management.
Fajemisin said the company is paying more than N2.1 billion to over 38,000 retirees monthly, adding that over N204 billion has been paid to retirees since they began operations in 2005.
He noted that their aim is to continue to set higher standards of service delivery and ensure that “our retirement savings account holders derive maximum value from their contributions,” Fajemisin said.
He said in line with its commitment to enriching customer experience, the company would continue to broaden and enhance its service channels for efficient service delivery. He said: “This is in fulfillment of its promise to provide quality and stress-free pension fund administration and financial management services to our clients and Nigerians wherever they may be.
The cardinal value propositions of the PFA are participation, accessibility, quality, convenience and efficiency.
