Pension Fund Custodians (PFCs) are responsible for keeping safe custody of pension assets on trust on behalf of contributors. The main functions of PFCs are to receive pension contributions on behalf of PFAs; settle transactions and undertake activities relating to the administration of pension fund investments on behalf of PFAs and to notify the PFA within 24 hours of the receipt of pension contributions from employers.
The Commission considers applications for license to operate as a PFC from entities that fulfil the requirements as enshrined in Section 62 of the PRA 2014. The applicant company must be wholly owned by a licensed financial institution with specified net worth as may be determined by the Commission from time to time. In addition, the parent company must issue a guarantee to the full value of pension assets held by the PFC.
MANAGING DIRECTOR:
CHINEDU OSUNDU EKEOCHA
No. 1A, Tiamiyu Savage Street
Victoria Island, Lagos
+234 – 1 – 2713680, +234 – 1 – 4613652, +234 – 1 – 4613754, +234 – 1 – 4613799, +234 – 1 – 4613753
info@diamondpfc.com
www.diamondpfc.comMANAGING DIRECTOR:
KUNLE LAWAL JINADU
6 Maduike Street
Off Awolowo Road
Ikoyi, Lagos
+234 – 1 – 2692896, +234 – 1 – 2713019, +234 – 1 – 2713217, +234 – 1 – 2662721
kunle.jinadu@firstcustodiannigeria.com
info@firstcustodiannigeria.com
MANAGING DIRECTOR:
BAYO YUSUF
3rd Floor, Plot 22b, Idowu Taylor Street
Victoria Island, Lagos
Abuja Liaison Office
2nd Floor, UBA House
18, Adetokunbo Ademola Crescent
Wuse II, Abuja
+234 – 1 – 2702627, +234 – 1 – 2718000-4 Abuja liaison office Numbers, +234 – 8190538105, +234 – 8023618859
bayo.yusuf@ubagroup.com
info@ubagroup.com
MANAGING DIRECTOR:
NKEM ONI-EGBOMA
Civic Towers (4th & 5th Floors)
Ozumba Mbadiwe Road
Victoria Island, Lagos
+234 – 1 – 2712793, +234 – 1 – 2712794, +234 – 1 – 2712795
enquiries@zenithcustodian.com
customercare@zenithcustodian.com