FBN Capital Asset Management Emerges Best Fund Manager At Emea Africa Banking Awards 2014

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’.