FBN
Capital Asset Management recently emerged the best Asset Manager in Nigeria at
the Africa Banking Awards 2014 organised by EMEA Finance Magazine, which took
place on the 4th of December 2014 at the Law Society in London,
United Kingdom.
As
the asset management division of FBN Capital, a fully owned subsidiary of FBN
Holdings, the company was recognised for its impressive performance in the
period under review where assets
under management experienced a double digit increase. According to EMEA Finance
Magazine, “This award is in recognition of the milestones and accomplishments
recorded by the company within the review period. What is particularly
impressive is the 200% growth rate in Assets under Management (AUM) across the mutual
funds.”
Speaking
on the award, the Managing Director of FBN Capital Asset Management, Mr. Michael
Oyebola, said, “We are indeed pleased to have been selected to receive this
award which serves not only as a recognition of our efforts, but as a
motivation to achieve even greater results in the coming year.” He added that
the award is evidence of the skill and expertise which characterises the
personnel within FBN Capital Asset Management and other subsidiaries within the
Group.
According
to the Managing Director of FBN Capital, Mr. Kayode Akinkugbe, “This is a
landmark achievement which demonstrates the hard work of the team in FBN
Capital Asset Management. According to him, “One of our core values is
excellence, and this shows how much we exemplify our values through the work
that we do” First Bank of Nigeria another member of the FBN Holdings group has
also been recognised as the Best Private Bank in Nigeria for their attention to
client service, and their private banking hubs located in Abuja, Lagos and Port
Harcourt which have been described as ‘best in class’.
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