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Your one-stop shop for all
Pension Custody Services
Safeguarding your assets with
utmost professional care
Bespoke custody solutions designed to meet
our clients’ needs leveraging technology
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NEWS & INSIGHTS

About Us

First Pension Custodian Nigeria Limited (FPCNL) is a wholly-owned subsidiary of First Bank of Nigeria Limited. Our origins date back to 2004 when, in accordance with the Pension Reform Act of 2014

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Our Services

The principal activity of First Pension Custodian is to provide the entire gamut of custodial services permitted under the Pension Reform Act 2014, in addition to our bouquet of value-adding services.

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Our Clients

Here at First pension, we view our clients as partners and work collaboratively with them to achieve results that can be measured. We work diligently to ensure that the needs of our clients come

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OUR PFA CLIENTS

Here at First pension, we view our clients as partners and work collaboratively with them to achieve results that can be measured. We work diligently to ensure that the needs of our clients come first thereby ensuring satisfaction

the language of business

Corporate Governance Statement

First Pension Custodian Nigeria Limited adopts the highest Corporate Governance standards as we believe these to be at the core of the long-term survival of any financial institution. Our Board and Management remain committed to upholding the core values of transparency, integrity, honesty, accountability and optimum protection of contributors’ assets. To this end, we consistently update our policies and processes to drive continuous improvement in our service offering while keeping in mind our ultimate objective of maximizing stakeholders’ value.

Codes and Regulations

Operating within a highly regulated

industry

Operating within a highly regulated industry, we place a premium on compliance with applicable legislation, regulations, and codes.

Transparency and accountability

Transparency and accountability remain essential to our work culture. Through robust Board oversight, the institution ensures compliance with these tenets.

Compliance with the Code of Corporate Governance

As a licensed Pension Fund Custodian, we confirm that, throughout the year ended 31 December 2020, the Company complied with the principles set out in the Code of Corporate Governance.

 

 

Whistle Blowing Procedure

In line with our commitment to instil the best corporate governance practices, we have established a whistleblowing procedure that guarantees anonymity. The company has dedicated phone numbers (integrity lines), emails and portal to facilitate the whistleblowing process. We recognize that it is not always easy to raise concerns about likely misconduct, but we encourage our stakeholders to speak up. Concerns are dealt with confidentially and appropriately.

OUR ANNUITY CLIENTS

Our Strategic Priorities

Our business model is focused on building a sustainable operation as a Pension Fund Custodian with the aim of supporting our clients to achieve their objectives while also creating long term value for our stakeholders. This business structure is underpinned by a service-oriented approach to our clients.

First Pension Custodian’s vision has been crafted to suit its intentions and aspirations of operating at the highest levels, while our strategic objectives outline what we need to do to achieve this vision..

The essence of our strategy is to enhance our reputation as a Pension Fund Custodian of first choice delivering quality service and constantly competing for growth opportunities in our markets.

Ours is a high-performing organisation that rewards our people not just for what they do, but how they do it. We invest time and resources in understanding our clients’ unique needs and combine our capabilities with the strength of our Group to deliver best-in-class services to our clients in a bid to drive business growth.

Board of Directors

First Pension Custodian Limited’s Board of Directors is made up of people of impeccable character who have contributed in various ways to the economic development of Nigeria.
Please click on any director below to view detailed profile.

Management Team

First Pension Custodian Limited’s Board of Directors is made up of people of impeccable character who have contributed in various ways to the economic development of Nigeria.

Read Our Latest Financial Satements

Contact Us

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