Pension Fund Custodians

PENSION FUND CUSTODIANS (PFCs)

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.

Pension Fund Custodians

Diamond Pension Fund Custodian Limited

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.com

First Pension Custodian Nigeria Limited

MANAGING 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

www.firstpensioncustodian.com

UBA Pensions Custodian Limited

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

http://www.ubagroup.com

Zenith Pensions Custodian Limited

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

www.zenithcustodian.com

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