Nigerian firm, Rosabon emerges Middle East, Africa’s 2016 best wealth manager

Nigeria’s foremost non-banking financial intermediary firm, Rosabon Financial Services, has clinched the Middle East and Africa, MEA Bespoke Wealth Management Services business award for 2016.

The award was organised by UK-based publisher, AI Global Media.

The Award which focuses on all sectors and industries recognizes and rewards outstanding works by the Middle East and Africa’s most dedicated and experienced companies.

Rosabon Financial Services was declared winner, according to a statment as a result of its outstanding record in creating tailor- made wealth management solutions; the first Nigerian owned company to be awarded such honours in Africa, the statement further said.

Commenting on the award, Chidimma Onyeokoro, Head, Strategy and Marketing said in the statement: “We are very excited to be recipients of this award. It shows that our dedication and commitment to ensuring better access to affordable financial products, educating our clients on wealth creation and the management of such wealth do not go unnoticed even outside the shores of our country.

“The role of a financial institution is not limited to furthering people’s financial well-being but also paying vital attention to the management, growth and optimization of such wealth. This is why at Rosabon Financial Services, we ensure that no matter how little or much our customers earn; they have a wide range of wealth management plans to choose from in the pursuit of their goals which may be fund placements towards retirement, house projects, a dream wedding amongst others.”

The statement said that over the past two decades, Rosabon has pioneered several financial services initiatives to drive and boost access to finances for all categories of businesses.

“Some of these financial solutions span across personal loans, leasing, auto-financing, corporate venturing and treasury management etc. The company has become reputed for creative defiance, through some of its solutions, of Nigeria’s financial industry’s prevailing traditions of high cost of borrowing. For instance, in September, 2016, the company announced the disbursement of a N1.8 billion collateral free personal loan funds to its customers at industry’s lowest 2.5% interest rate”.

As a result, Rosabon has over the years, received various awards, local and international, for its outstanding accomplishments in the industry. Some of these awards include: African Financial Quality Service Loans Award for best practice in Equipment Leasing, Corporate Venturing and Treasury Management, 2014, awarded by the Institute for Government Research and Leadership; and Best SME Financial Advisory Nigeria, 2015 which was awarded by Capital Finance International, an affiliate of World Bank and International Finance Corporation.

Onyeokoro added: “Rosabon Financial Services remains focused on its steady expansion whilst ensuring that we are capable of maintaining the levels of service which our clients have come to expect from us. In doing these, we would closely follow international best practices to ensure our continuous recognition on a global scale and sustained growth.”