ICMS gets award as best cash in transit company West Africa


October 1, 2017 | 3:13 pm
  |     |     |   Start Conversation

Integrated Cash Management Services (ICMS) Limited has been awarded the Best Cash in Transit (CIT) in West Africa by the Nigeria Brand Award in Lagos.


The award is in recognition of the firm’s contributions to the growth of the economy as well as bringing sanity in the banking sector in the area of cash supply and processes among others.


“The award is as a result of ICMS global approach to business and our leadership role in this environment “says Oluwaseun Bamisile, managing director.


Receiving the award, the, Managing Director of ICMS, Oluwaseun Bamisile explained that the ICMS is a local company with global focus in its chosen business of line.


Speaking with journalists after the award ceremony, Bamisile said before the introduction of integrated cash management, all the banks in Nigeria possibly moved their cash with bullion van, which was unsecured and constituting nuisance to the public.


“When we came the first thing we did was to improve the delivery channel. We introduced armoured vehicles to help the banks move their cash in better ways. It has brought security and some level of sanity because if you drive in those vehicles, you are more comfortable staying in the traffic and everything”, he said.


Speaking on the award and impact on the company, he said, “in building the brand, what we have also done is that we are able to render service to almost all the banks in Nigeria today. We are trying to build a brand that will be iconic and serve the taste of time.


“The award has established the credibility of what we are doing and it also shows the acceptance to the people. It is going to introduce more profits to what we are doing”, the managing director said.


ICMS provides services to assist Nigerian banks in managing their risks within the cash supply chains. it provides cash in transit, vault management, cash processing, sorting and packing.


The award reinforces ICMS leadership position in Nigeria. ICMS is a member company of XL Africa Group.


Nigeria Brand Award, a franchise of Africa Brands Award observed that the process of the award is thorough and error free. ICMS won the Best CIT company award in West Africa.


Seun Bamisile equally mentioned about his plan to have regional presence in major economic hubs in Africa.

Tags: ,


October 1, 2017 | 3:13 pm
  |     |     |   Start Conversation

Big Read |  


What Nigeria must do before signing AfCFTA

Nigeria’s President Muhammadu Buhari last Wednesday gave a hint that he would sign the African Continental Free Trade Area (AfCFTA)...

MTN Banner ADS 2


Newsletter Fixed income