Stanbic IBTC Pension Managers is committed to the well-being of its customers, the Chief Executive, Stanbic IBTC Pension Managers, Olumide Oyetan, has said.
He stated this at the virtual Stanbic IBTC Pension Managers Employers Forum.
The event theme was ‘’Pension Smart: Equipping your Employees for a Better Future’’..
Oyetan noted that the forum is a platform by the Pension Fund Administrator (PFA) to engage employers on issues and develop strategies that will enable employers to continue to offer employees access to high quality pension services as an important part of the total staff benefits and compensation package.
Acknowledging the role employees play in the efficient operation of any organisation, he said the survival of business enterprises depends on ensuring the general well-being of their staff and having a pension fund provides an avenue for employers to plan for the future of their employees.
“For employers, the importance of planning towards the well-being of their employees remains paramount to the survival of such organisations.
“Having a pension system in an organisation demonstrates the employer’s commitment to the future of its employees,” Oyetan said.
While appreciating employers for the confidence they bestowed on his organisation, Oyetan noted that it has continued to demonstrate its ability to deliver value, being the largest pension fund administrator in the country in volume of Retirement Savings Accounts (RSA) and value of Assets Under Management (AUM) based on the 2020 Annual report of the National Pension Commission (PenCom).
Highlighting the organisation’s capabilities, Oyetan said: “We, at Stanbic IBTC Pension Managers, have continued to demonstrate excellent leadership in pension management in Nigeria. Through our technological offerings, we have continued to unbundle the challenges associated with pension administration as contributors can access their funds from any part of the country.
“We remain committed to enabling dreams, expertly managing contributors’ funds, and partnering with stakeholders to develop our industry and economy. “While we continue to demonstrate this leadership role, we implore contributors who are dissatisfied with services offered by their PFA to take advantage of the Transfer Window to join the Stanbic IBTC Pension Managers family and enjoy the unique solutions and benefits we offer.’’