United Capital Group achieved remarkable success at the 2024 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, securing five prestigious accolades that underscore its position as a leading financial services organization.
The Pan-African investment and financial services entity demonstrated exceptional performance across multiple categories, earning the prestigious award of Financial Services Group of the Year, Investment Management Firm of the Year, Innovative Fund Manager of the Year, Stockbroking Company of the Year, and Trustees Company of the Year.
This accomplishment is particularly noteworthy as three of the Group’s key subsidiaries—United Capital Asset Management, United Capital Trustees, and United Capital Securities—secured top honors in their respective fields. This achievement underscores the Group’s diverse capabilities and its proficiency in excelling across multiple domains within the financial services industry, showcasing comprehensive excellence and operational acumen.
Mr. Peter Ashade, the Group CEO of United Capital Group, graciously conveyed his appreciation, expressing his heartfelt gratitude: “We are deeply honoured to be recognized by our industry peers with these prestigious awards. The recognition of both the Group and our subsidiaries reaffirms our commitment to delivering world-class financial solutions and creating exceptional value for our clients, investors, and shareholders.”
Ashade, who was also recently recognized as one of Nigeria's leading Chief Executive Officers at the BusinessDay Top CEOs Awards, further underscored, “This milestone inspires us to continue innovating, pushing boundaries, and setting new benchmarks as we lead the charge in shaping the future of finance in Nigeria and across Africa.”
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| L-R: Group Executive Director and Chief Operating Officer, Ayodeji Adigun, Group Chief Executive Officer, Peter Ashade, Deputy Group Chief Executive, Sunny Anene; all of United Capital Group at the BAFI Awards |
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| L-R MD/CEO, Trustees, Michael Abiodun Thomas, Dr. Gbadebo Adenrele, MD, Investment Banking, Group Chief Executive Officer, Peter Ashade, MD/CEO Securities, Bawo Oritsejafor, Deputy Group Chief Executive Officer, Sunny Anene, MD/CEO, Asset Management, Odiri Oginni, Chief Operating Officer, Ayodeji Adigun, Head, Wealth Management, Adetola Fasuyi; all of United Capital Group at BAFI Awards. |
The 2024 BAFI awards cap off what has been an extraordinary year for United Capital Group. In addition to these esteemed recognitions, the Group has achieved several landmark milestones, including spearheading the historic issuance of Nigeria’s inaugural Domestic FGN US Dollar Bond, which raised over $900 million, and expanding its portfolio with the establishment of its seventh subsidiary, UCEE Microfinance Bank, which is quickly gaining prominence in the sector.
Moreover, the Group’s recently published Q3 2024 financial performance report highlighted remarkable results, featuring a 93% increase in profitability along with substantial enhancements across all key financial indicators.
As the year comes to a close, United Capital Group’s momentum remains robust. The organization is dedicated to its vision of becoming Africa’s foremost financial services hub, aiming to democratize wealth creation throughout the continent via innovative financial solutions, strategic investments, and a focus on customer satisfaction.