Stanbic IBTC soars at FMDQ Gold Awards; secures seven awards for financial markets excellence
Stanbic IBTC Holdings’ subsidiaries have been honoured for their outstanding performance in the Nigerian financial markets, receiving seven prestigious awards at the FMDQ Gold Awards. These accolades recognise the resilience and adaptability of participants in Nigeria’s financial sector and were presented to Stanbic IBTC Capital, Stanbic IBTC Bank, and Stanbic IBTC Asset Management across various categories.
Stanbic IBTC Capital received awards for Bond Listings, CP Quotations, and the Capital Markets Securities Origination – Primary Market Champion Award. Stanbic IBTC Bank was acknowledged as the Fixed Income Market Liquidity Provider, FX Market Liquidity Provider, and Dealing Member of the Year. Stanbic IBTC Asset Management was honoured as the Most Active Buy Side Participant in the Fixed Income Market.
These distinctions highlight Stanbic IBTC’s commitment to leadership and innovation in the financial sector. Each award demonstrates the team’s dedication and expertise, reinforcing its role as a facilitator of capital access for clients.
Commenting on the awards, Chuma Nwokocha, Chief Executive, Stanbic IBTC Holdings, said, “At Stanbic IBTC, we are immensely proud to receive these prestigious accolades at the FMDQ Gold Awards. This recognition underscores our steadfast commitment to excellence and innovation in Nigeria’s financial markets. Our team’s dedication and resilience have played a vital role in achieving these milestones, and we remain focused on providing our clients with exceptional access to capital. Together, we will continue to lead and adapt in an ever-evolving financial landscape.”
The FMDQ GOLD Awards celebrate the resilience and agility of Nigerian financial market participants. Based on FMDQ’s ‘GOLD’ Agenda (Global Competitiveness, Operational Excellence, Liquidity, and Diversity), the awards recognise the significant contributions of stakeholders in shaping the markets and advancing the Nigerian economy across FMDQ’s Securities Exchange, Central Counterparty, and Depository.
Adding to this momentous occasion, Presco PLC, a valued client of Stanbic IBTC Capital, received the award for the Largest Corporate Bond Listing on FMDQ. This achievement further emphasises the positive impact of Stanbic IBTC Capital’s initiatives in the marketplace, showcasing the collaborative efforts that drive success in the financial sector.
Oladele Sotubo, Chief Executive, Stanbic IBTC Capital, stated, “We feel truly gratified to be hailed for our relentless efforts and dedication to excellence in our field. This award is not only proof of our hard work but also reflects the deep trust and confidence our clients place in us. Each recognition motivates us further to uphold our commitment to exceptional service while fostering meaningful partnerships. As we move forward, we remain passionate about enhancing our standards and providing committed support to our clients in all their pursuits.”
The recognitions received underscore Stanbic IBTC’s strengths and showcase broader advancements in Nigeria’s financial markets. The firm is dedicated to offering innovative financial solutions that drive economic growth and stability.
As the company celebrates this notable achievement, it looks forward to building on this momentum and continuing to strengthen relationships with its clients, ensuring sustained success and growth in the financial landscape.
