Access Holdings Plc trading as Access Corporation has announced that it has received full regulatory approval on its acquisition of majority equity stake in First Guarantee Pension Limited.
Following this development, First Guarantee Pension Limited is now a subsidiary of the Corporation and will provide a strong spring board for the Corporation’s execution of its ecosystem strategy for pension funds administration industry.
Speaking on this development, Dr Herbert Wigwe, Group Chief Executive Officer, Access Corporation said:
“This transaction is in line with our vision to create a globally connected community and ecosystem; inspired by Africa for the world. We will deploy our renowned culture of strong risk management, innovative technology and best practice corporate governance to deliver high standards of management and returns on pension assets to the benefit of our stakeholders.”
