AIICO Pension Managers Limited
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AIICO Pension Managers Limited is a
pension fund A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension funds typically have large amounts of money to invest and are the major investors in listed and priva ...
s management company in
Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf o ...
. It is a 65 percent owned subsidiary of ''AIICO Insurance'', a
Nigeria Stock Exchange The Nigerian Stock Exchange (NSE) now Nigerian Exchange Group is a Nigerian stock exchange founded in 1961 in Lagos. As of November 2019, it has a total of 161 listed companies, with 8 domestic companies on the premium board, 144 companies on the ...
listed insurance services provider. On 31 December 2015, the company's total assets were NGN:1,337,546,000, with shareholders' funds of NGN:1,275,178,000. As at September 2016, the company had over 200,000 registered clients and has an excess of NGN:60 billion under management.


History

AIICO Pension Managers Limited was founded in February 2005. In April 2006, the company was awarded a licence to operate as a ''pension funds administrator'' (PFA). In August 2016, to mark 10 years in business, the company appointed
Nollywood Nollywood is a sobriquet that originally referred to the Nigerian film industry. The origin of the term dates back to the early 2000s, traced to an article in ''The New York Times''. Due to the history of evolving meanings and contexts, there ...
actress
Joke Silva Joke Silva , MFR is a Nigerian actress, director, and businesswoman. In 1998 she had a major role, starring opposite Colin Firth and Nia Long in the British-Canadian film ''The Secret Laughter of Women''. In 2006, she won "Best Actress in a Le ...
as its
brand ambassador A brand ambassador (sometimes also called a corporate ambassador) is a person engaged by an organization or company to represent its brand in a positive light, helping to increase brand awareness and sales. The brand ambassador is meant to embod ...
, to promote the company services and products.


See also

* List of banks in Nigeria *
Economy of Nigeria The Economy of Nigeria is a middle-income, mixed economy and emerging market with expanding manufacturing, financial, service, communications, technology, and entertainment sectors. It is ranked as the 27th-largest economy in the world in term ...


References

{{reflist Financial services companies of Nigeria Companies based in Lagos Financial services companies established in 2005 Pensions in Nigeria Nigerian companies established in 2005