Stanbic IBTC Nominees Limited, recently, celebrated three decades of exceptional custodial services in Nigeria’s financial markets, with an anniversary gala, tagged: “30 Years of Trust,” bringing 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, showcasing its evolution through regulatory changes, technological advancements, and shifting market dynamics.

 

 

Chief Executive, Stanbic IBTC Bank, Wole Adeniyi, emphasised the strategic importance of the custody business to the group’s overall operations, adding that the company’s vision is to be Africa’s most innovative and trusted custody provider, leveraging cutting-edge technology while maintaining the personalised service that has defined it for 30 years.

 

 

On the company’s outlook for the future, Adeniyi stated that the next three decades for the company, will be about combining global expertise with local insight to create unparalleled value for its clients, and supporting Nigeria’s capital market growth with infrastructure that meets global standards.

 

 

In his remarks,  Chief Executive, Stanbic IBTC Nominees, Babatunde Majiyagbe highlighted the custody team’s dedication to excellence, while identifying the company’s holistic approach as the distinguishing factor between it and others.

 

 

“We do not just safeguard assets, we provide comprehensive solutions that include settlement efficiency, accurate reporting, and regulatory compliance support. Our track record of zero tolerance for operational errors and consistent regulatory compliance reflects our commitment to being more than service providers; we’re trusted partners to Nigeria’s leading institutional investors,” he stated.

 

 

The custody business has played a pivotal role in Nigeria’s capital markets development, supporting pension fund administrators, asset managers, insurance companies, and other institutional investors in their investment operations.

 

 

The business has also consistently maintained compliance with regulators and global best practices while adopting innovative technology solutions to enhance service delivery.

 

 

Sharing his experience working with Stanbic IBTC, Chief Executive Officer, Nigerian Exchange Limited,  Jude Chiemeka, described the partnership with Stanbic IBTC as ‘transformative’ for Stanbic IBTC’s operations.

 

 

“What stands out most is the peace of mind that comes from knowing our assets are in safe hands. Beyond technology, it is the people that make the difference; their team is responsive, knowledgeable, and genuinely invested in our success. We view them as strategic partners rather than just service providers,” he added.