‘Sigma Pensions is the only PFA listed on LSE report’
The London Stock Exchange (LSE) in its recent ‘Companies to Inspire Africa’ report unveiled in Lagos recently, listed Sigma Pensions amongst the fastest growing private businesses in Africa.
The report noticeable, was a laudable accolade as Sigma Pensions was the only pension fund manager (PFA) listed amongst the identified 343 companies in 42 African countries. Out of the 58 Nigerian companies made it to the list of the most exciting and promising companies, including small businesses.
The report is part of LSEG broader support for companies that have shown excellent growth rate and potential to power Africa’s development. In response to the listing, the Chief Executive officer Sigma Pensions, Dave Emenike Uduanu, said: “Our recent recognition by the London Stock Exchange reveals that the Nigerian Pension industry is gradually receiving the attention it deserves, and we are proud to be pioneers. We see this as a gateway of opportunities to further grow the Nigerian Pension Industry. This is a great feat for Sigma Pensions and we will leverage on the experience that the new ownership; Actis, would bring to the company.”
On what to expect from Sigma Pensions going forward, he said that Sigma Pensions, would roll out innovative products that will attract the informal sector as well as increase productivity and profitability.
“With the new ownership by Actis through Actis Golf, and their recorded success in local and international businesses, you can be sure that there will be more innovation and increased profitability for both investors and RSA holders. Sigma Pensions is made up of a team of high performers poised to create exceptional value to all its stakeholders,” Uduanu added.