Cititrust Holdings Plc wins Global Finance Award
Cititrust Holdings Plc, a leading Nigerian financial services group, has won the 2020 Global Banking and Finance magazine’s award for a decade of offering excellent financial and investment services across Africa.
This was announced by Global Banking and Finance magazine in the 18th edition of its annual awards for deserving financial institutions in seven regions and more than 80 countries.
In the letter of award, Cititrust Holdings Plc is designated winner of the ‘Decade of Excellence Investment Holding Company Africa 2020’ category.
While expressing his joy at the development, Yemi Adefisan, the Group Chief Executive Officer of Cititrust Holdings Plc, said the award is an acknowledgement of the group’s consistent focus on “strategic and value-driven investments” in financial sector of the economies of the 11 countries, where it currently operates across Africa.”
Adefisan said in a statement by the company that the award was particularly gratifying, coming on the heels of winning the prestigious ‘Investment Holding Company of the Year Award’ at the 2019 edition of BusinessDay’s Banks and Other Financial Institutions Awards.
He further noted that Cititrust Holdings was proud to share the same platform with Stanbic IBTC Bank, which also won the ‘Best Custodian Bank’ category of the Global Banking and Finance magazine’s award.
According to Adefisan, over the years, all the subsidiaries of Cititrust Holdings, which include: LivingTrust Mortgage Bank Plc (formerly Omoluabi Mortgage Bank), Core Capital Ltd, First Options MFB Ltd, FGH Healthcare Ltd, CDP Insurance Brokers Ltd and Bermuda BDC Ltd and others across Africa, have established a reputation for long-term value creation across the financial sector of the economy.
He said the company has also continued to make significant investment in cutting edge technology in order to maintain and improve its excellent customer service delivery.
Adefisan reaffirmed Cititrust Holdings’ commitment to protecting and promoting the interests of its stakeholders across the African continent and making significant contributions to the development of the Nigerian and regional economy.
Cititrust Holdings Plc was founded in 2006 and holds significant investments that cut across commercial and mortgage banking, asset management, stockbroking, and investment banking, currency trading, pension fund administration and insurance services.