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Stanbic IBTC Pension’s assets hit N1tr

 

TVC E, BUSINESS – Stanbic IBTC Pension Managers Limited, a Pension Fund Administrator (PFA), has recorded over N1trillion worth of assets in 10 years.

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The Chief Executive of the company, Eric Fajemisin, has said the company has emerged as Nigeria’s leading PFA with over one million retirement savings account holders and the company is paying more than N2.1 billion to over 38,000 retirees monthly.

Stanbic IBTC Pension Managers Limited sets higher standard of service delivery and ensure that retirement savings account holders derive maximum value from their contributions.

Its commitment enriches customer experience and the company would continue to broaden and enhance its service channels for efficient service delivery.

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Stanbic IBTC Pension Managers is a subsidiary of Stanbic IBTC Holdings, a full financial service group with a focus on three main business pillars – Corporate and Investment Banking, Personal and Business Banking and Wealth Management.

Standard Bank Group is the largest African bank by assets and earnings and is rooted in Africa with strategic representation in 20 countries of the continent, including South Africa.

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