Stanbic IBTC Emerges Biggest Winner at 2018 NSE CEO Awards

In validation of their market leadership, expertise and the high standard of service quality to both local and international clients, Stanbic IBTC Stockbrokers Limited and Stanbic IBTC Capital Limited, members of Stanbic IBTC Holdings PLC, emerged the biggest winners at the recently held 2018 NSE CEO Awards, picking five out of ten award categories.

Stanbic IBTC Stockbrokers Limited won two awards for dealing member firm with the highest volume of transactions and dealing member firm with the highest value of trades while Stanbic IBTC Capital Limited was joint winners of the award for issuing houses with the highest number of primary market transactions (equity), joint winners of award for issuing houses with the highest number of debt issuance (corporate bonds), and joint winner of the award for the Issuing houses with the largest deal of the year for the period under review.

For the seventh consecutive year, Stanbic IBTC Stockbrokers Limited was named the Best Dealing Member Firm on the Nigerian Stock Exchange. The 2018 NSE CEO Awards, which held in Lagos on Wednesday 12 December 2018. The firm was commended for a high performance culture that has enabled it maintain its leadership position in the Nigerian capital market.

The prestigious NSE CEO Award, which previously had four award categories, was this year increased to ten to reflect the dynamic nature of the market. The award recognises compliance, excellence and exceptional performance by market operators in a given year. Organisers of the awards seek to reward outstanding contributions to the growth and development of the Nigerian capital market as well as the Exchange.

During the period under review, Stanbic IBTC Stockbrokers Limited retained its position as the largest stockbroking firm in Nigeria, consistent with its past performance and market status held since 2013.

Mr. Oscar Onyema, Chief Executive Officer, Nigerian Stock Exchange (NSE), noted that Stanbic IBTC Stockbrokers Limited’s consistent performance over the years reflects a robust strategy to set clear values, objectives and processes to ensure that investors derive optimal value from their investments. He urged the organization not to rest on its oars as the NSE, in collaboration with other stakeholders, will continue to nurture the Nigerian capital market into a world-class hub.

In her remarks, Chief Executive, Stanbic IBTC Stockbrokers Limited, Mrs. Titi Ogungbesan, said the company is delighted to win the NSE CEO award again this year, which validates the appetite and growing capacity of the stockbroking firm to provide robust services in the capital market.

“We are excited to be recognized for our efforts and impressive performances in the Nigerian capital market. The awards reflect our strong commitment to consistently deliver relevant, innovative and timely solutions to our ever-growing local and foreign clientele,” Ogungbesan stated, adding that continuously providing top-notch service and value to its clients is a top priority for the firm. These have enabled it maintain very strong and lasting relationships with clients and consequently positioned the organisation in good standing to improve its market share.

Also speaking on the awards, Chief Executive, Stanbic IBTC Capital Limited, Mr. Funso Akere, said the company will continuously strive for the highest corporate governance, compliance and performance with a view to reinforcing investor confidence in the Nigerian capital market. “We will continue to play our part by putting in the public domain initiatives and strategies that would help all stakeholders, especially investors, to be better informed about developments in the capital market, which will help them in making informed investment decisions,” he said.

Photo Caption: From Left; Chief Executive, Stanbic IBTC Capital Limited, Mr. Funso Akere; Group Chief Financial Officer, Stanbic IBTC Holdings PLC, Mr. Adekunle Adedeji; Executive Director, Stanbic IBTC Stockbrokers Limited, Mrs. Bunmi Olarinoye; Chief Executive Officer, the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema; Chief Executive, Stanbic IBTC Stockbrokers Limited, Mrs. Titi Ogungbesan; and Group Chief Executive, Stanbic IBTC Holdings PLC, Mr. Yinka Sanni, displaying the five awards won by Stanbic IBTC at the 2018 NSE CEO Awards held in Lagos, recently…