By Henry Uche
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings and leading Pension Fund Administrator (PFA) in Nigeria, has received prestigious Judges’ Choice Award for Excellence and Innovation in the communication and engagement category at the World Pension Summit.
This recognition was for the 2022 FUZE Festival organised by the Pension Managers in its attempt to meaningfully engage Nigerian youths through its talent show and festival as its Corporate Social Responsibility (CSR).
Held in Louwman Museum in The Hague, Netherlands, as part of the Pensions & Investments WorldPensionSummit 2023, the event served as a platform for industry leaders, experts, and innovators to convene, exchange knowledge and recognise exceptional achievements in the global pension industry.
The WorldPensionSummit Judges’ Choice Award highlights and celebrates outstanding initiatives and proven solutions in pension. An external expert jury meticulously evaluated all nominations in the various categories and Stanbic IBTC Pension Managers was shortlisted as nominated finalist in three categories – Pension Fund Design and Reform; Investments; and Communication & Engagement. The company was recognised alongside 32 other finalists and 10 winners from 17 countries.
According to the Judges, Stanbic IBTC Pension Managers’ FUZE has been bold and personal in the way it reaches out to new generations, saying “Well set up, involving relevant stakeholders, an example of out-of-the-box thinking in the pension and financial sector. This award recognises the company’s commitment to delivering innovative solutions in the pension industry.”
Chief Executive of the Pension Managers, Olumide Oyetan said; “We are honoured to receive the Judges’ Choice Award for Excellence and Innovation in Communication and Engagement. This achievement underscores our continuous dedication to employing cutting-edge strategies and technologies to enhance the perception of pension and the financial industry in Nigeria and globally.
“We will continue to champion initiatives that foster positive youth engagement, provide our valued pension contributors with seamless experiences, and empower them to make informed decisions for a financially secure future.”
Oyetan added, “We are taking things a notch higher this year as the 2023 edition features a two-week boot camp period with 28 finalists competing, honing their skills and engaging with industry experts to aid their overall development.”