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Frequently Asked Questions

Overview

About Stanbic IBTC Pension Managers Limited

Stanbic IBTC Pension Managers Limited is a licensed Pension Fund Administrator (PFA) set up with the primary objective of delivering quality pension fund administration and management services to both private and public sector employees covered by the Pension Reform Act 2014.

Incorporated on 19 May 2004, Stanbic IBTC Pension Managers Limited is a subsidiary of Stanbic IBTC Holdings PLC (a member of the Standard Bank Group) and enjoys a rich heritage derived from the Group’s extensive and proven track record in money management and long-held values of protection and enhancement of customers’ wealth.

Stanbic IBTC Pension Managers Limited has an authorized and paid-up capital of N1 billion, in line with the minimum requirement of N1 billion. The company is a joint venture between Stanbic IBTC Holdings PLC and Linkage Assurance PLC. Stanbic IBTC Pension Managers Limited is 88.24% owned and managed by the Stanbic IBTC Group. The combined net worth of the company’s shareholders is over N160 billion.

Stanbic IBTC Pension Managers Limited is easily accessible at over 200 locations nationwide. For further enquiries on how to select Stanbic IBTC Pension Managers Limited as your PFA, please contact Nike Bajomo on +234 1 422 1113. Alternatively, you can visit any branch of Stanbic IBTC Bank to open a Retirement Savings Account (RSA).

Our Values

  • Serving our customers

    We do everything in our power to ensure that we provide you with the products, services and solutions to suit your needs, while ensuring that everything we do for you is based on sound business principles.
     
  • Growing our people

    We encourage and help our people to develop to their full potential, and measure our leaders on how well they grow and challenge the people they lead.
  • Delivering to our stakeholders

    We understand that we earn the right to exist by providing appropriate long-term returns to our shareholders. We try extremely hard to meet our various targets and deliver on our commitments.
     
  • Being proactive

    We strive to stay ahead by anticipating rather than reacting, but our actions are always carefully considered.
     
  • Working in teams

    We and all aspects of our work are interdependent. We appreciate that, as teams, we can achieve much greater things than as individuals. We value teams within and across business units, divisions and countries.
     
  • Constantly raising the bar

    While we celebrate what has been achieved in the past, it is important to raise the bar a little higher each time we succeed. We must constantly strive to outdo our past achievements.
     
  • Respecting each other

    We have the highest regard for the dignity of all people. We respect each other and what Standard Bank stands for. We recognize that there are corresponding obligations associated with our individual rights.
     
  • Upholding the highest levels of integrity

    Our entire business model is based on trust and integrity as perceived by our stakeholders, especially our customers.