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Quest Merchant Bank Limited has unveiled its 2026–2030 strategic plan, setting a new growth trajectory aimed at strengthening its market position, deepening client relationships, and delivering sustainable value to shareholders.
The announcement was made during the Bank’s 11th Annual General Meeting (AGM), where shareholders approved the audited financial statements for the year ended December 31, 2025, and commended the institution’s performance, successful recapitalisation, and strategic direction.
Its strategic plan comes after the successful acquisition of Quest Merchant Bank by Everquest Acquisition LLP, a special purpose vehicle led by Custodian Investments Plc, and the Bank’s achievement of the Central Bank of Nigeria’s N50 billion minimum capital requirement ahead of the regulatory deadline.
The new strategic roadmap is anchored on operational excellence, innovation, strong corporate governance, customer-focused solutions, and disciplined execution. It is designed to position Quest Merchant Bank as a leading player in Nigeria’s merchant banking space while supporting critical sectors of the economy.
Speaking on the strategy, the Acting Managing Director/Chief Executive Officer of Quest Merchant Bank, Afolabi Olorode, said the Bank’s strengthened capital base provides a solid foundation for accelerated growth and expansion.
“Our strategic focus remains clear: to build a leading merchant bank anchored on strong capital, innovation, execution excellence, and deep client relationships. With our enhanced capital base and the launch of our 2026–2030 strategic plan, Quest Merchant Bank is exceptionally well-positioned to support critical sectors of the economy while delivering superior value to shareholders and stakeholders alike,” Olorode said.
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He added that the Bank would continue to deepen its capabilities across corporate and investment banking, wealth management, and global markets, while increasing investments in technology, talent development, and operational resilience.
The Bank’s FY 2025 results reflected the momentum behind its transformation agenda. Gross earnings rose by 29 per cent year-on-year to N81.5 billion, driven by stronger net interest income and improved asset yields. Profit before tax also increased by 23 per cent, while operational efficiency improved as the cost-to-income ratio declined by 2.3 percentage points.
Quest Merchant Bank maintained strong liquidity and asset quality indicators during the year while enhancing its risk management, governance, and compliance frameworks to meet changing regulatory and market expectations.
Beyond business growth, the bank expanded its corporate social responsibility initiatives in 2025 through financial literacy programmes, youth empowerment projects, healthcare interventions, and inclusive education partnerships.
With the implementation of its 2026–2030 strategic plan, Quest Merchant Bank said it remains committed to innovation, sustainable finance, and strategic financial intermediation to support Nigeria’s economic transformation.
