First Pension Custodian (FPC) completes acquisition of Access Pension Custodian
First Pension Custodian (FPC) has announced that it has completed the acquisition of Access Pension Custodian. This was disclosed in a Press release signed by the acting company secretary Adewale L.O Arogundade.
Press release by FBN Holdings Plc
NOTIFICATION OF COMPLETION OF THE ACQUISITION OF ACCESS PENSION FUND CUSTODIAN LIMITED BY FIRST PENSION CUSTODIAN NIGERIA LIMITED
FBN Holdings Plc (“FBNH” or “the Company”) is pleased to inform Nigerian Exchange Limited (“NGX” or “the Exchange”) and the investing public that First Pension Custodian Nigeria Limited (“First Pension”), a subsidiary of FBNH’s flagship’ subsidiary, First Bank of Nigeria Limited (“FirstBank”), has completed the acquisition of 100% of the share capital of Access Pension Fund Custodian Limited from Access Bank Plc, having obtained the requisite regulatory approvals.
The transaction has the “no objection” of the Central Bank of Nigeria as well as the approvals of the National Pension Commission (PenCom) and the Federal Competition and Consumer Protection Commission.
The transaction is in line with First Pension’s growth strategy and advances its mission to be the ‘custodian of first choice’, and leading pension custodian in sub-Saharan Africa.
Support PensionNigeria financially with N1,000 per Month HERE, or with any amount HERE
Empower us to do more independent analysis of the Pension Industry in Nigeria
Subscribe to PensionNigeria Daily News Broadcast on WhatsApp, just send “Subscribe” to 08160052802, PLEASE ensure you also save 08160052802 to your contacts as “PensionNigeria” to enable you receive the PensionNigeria News Broadcast.
Subscribe to PensionNigeria Daily Newsletter and get Today’s Top Pension News delivered straight into your email box every Evening.
If you have subscribed before and you still do not receive our Newsletter, please check your “Spam Folder”, if you find our Newsletter there, mark it as “NOT SPAM” or move it to your Inbox
Pension is Your Right,
An Insurance for Old Age
Follow PensionNigeria on Social Media LinkedIn Twitter Instagram Facebook YouTube
