Fidelity Pension Managers grows managed funds, profits
by Obinna Emelike
September 27, 2017 | 12:54 am| | | Start Conversation
Fidelity Pension Managers Limited has announced impressive growth in the size of funds under its management and profitability. The company’s financial statement for the year ended 2016 also revealed that is declared a dividend of 10 kobo per share at its annual general meeting held recently in Lagos.
In a statement issued to journalists, Amaka Andy-Azike, managing director of Fidelity Pensions, stated that Fidelity Pension Managers Limited is poised to continue to grow the company’s market share, expand product offerings in the industry, and deepen customer engagement through cutting edge technology and focused activities for its target market.
“We have put structures in place to play aggressively and take advantage of the huge business opportunity in the informal sector of the business once the National Pension Commission issues the guidelines,” Andy-Azike said. “The focused leadership of our board of directors, the doggedness of the management team and the commitment of Fidelity Pension Managers Limited staff are our greatest assets. We shall continue to tap into these assets to retain and motivate all our deserving team members.”
In addition, the World Finance Global Pension Awards, a leading voice in the global pensions sector has named Fidelity Pension Managers the Best Pension Fund/Provider in Nigeria for the 2017 financial year.
The Company has thus won the prestigious award consecutively for two years on account of an international recognition for its strong brand performance, sector leading status and expertise as a reliable, sound, client centric pension fund provider and financial partner.
“We are prepared to move our company to the next level, break barriers, conquer new frontiers and gain new grounds in our industry and in our communities,” Andy-Azike stated.
In a Corporate Social Responsibility Initiative to mark its 10thanniversary, Fidelity Pension Managers partnered with the Regina Mundi Holy Family Home for the Elderly in Mushin, Lagos. The aim of the partnership is to identify with and positively impact on the lives of the seniors. This is an affirmation that Fidelity Pension Managers Limited stands for promoting and enabling quality post work life and our way of giving back to society.
The shareholders commended the management and staff of Fidelity Pension Managers Limited for their achievement.
Fidelity Pension Managers Limited commenced operations as a pension fund administrator (PFA) in 2007 when it obtained its license from the National Pension Commission (PenCom). 2017 marks a decade of its eventful existence in Nigeria’s contributory pension industry.
“Our experience has been both exciting and challenging, as we work to establish the company very firmly in the top echelons of operators in the industry and delight our clients with exceptional customer experiences,” Fidelity Pension boss said.
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