Stanbic IBTC nominees marks 30 years of custodian services

Stanbic IBTC Nominees Limited marked a significant milestone celebrating three decades of exceptional custodial services in Nigeria’s financial markets.

The anniversary gala, which was held under the theme “30 Years of Trust,” brought together industry leaders, clients, regulators, and stakeholders to commemorate the institution’s enduring legacy and steadfast commitment to safeguarding client assets.

Since its establishment in 1996, Stanbic IBTC Nominees has grown into one of Nigeria’s most trusted custodians, providing comprehensive asset servicing, safekeeping, and investment administration solutions to institutional and retail clients nationwide.

The celebratory event highlighted the business’s journey from its inception to its current position as a market leader, highlighting its evolution through regulatory changes, technological advancements, and shifting market dynamics.

The evening featured testimonials from long-standing clients, recognition of dedicated team members, and reflections on the milestones that have shaped the business over the past 30 years.

Wole Adeniyi, Chief Executive, Stanbic IBTC Bank, emphasized the strategic importance of the custody business to the group’s overall operations: “Our vision is to be Africa’s most innovative and trusted custody provider, leveraging cutting-edge technology while maintaining the personalized service that has defined us for 30 years. The next 30 years will be about combining global expertise with local insight to create unparalleled value for our clients and supporting Nigeria’s capital market growth with infrastructure that meets global standards.”

Chief Executives Stanbic IBTC nominees, Babatunde Majiyagbe, highlighted the custody team’s dedication to excellence, he noted that: ‘what truly distinguishes us is our holistic approach. We do not just safeguard assets, we provide comprehensive solutions that include settlement efficiency, accurate reporting and regulatory compliance support’.

He added that ‘ our track record of zero tolerance for operational errors and consistent regulatory compliance reflects our commitment to being more than service providers. We are trusted partners to Nigeria’s leading institutional investors’.