GTCO acquires Investment One’s subsidiaries

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The two subsidiaries are Pension Managers and Investment One Funds Management

In a corporate filing on the Nigerian Exchange , Erhi Obebeduo, GTCO’s group company secretary, said One Pension Managers will function primarily as a Pension Fund Administrator to the general public.

“With over 30 years of being a trusted banker to millions of Nigerians and expertise in capital allocation to generate the highest yields for our customers and shareholders; the Pension Fund business is a natural fit for the Guaranty Trust brand,” he said. “Whilst evolving as an organisation, we remain committed to our founding values of excellence, hard work and integrity, as we continue to build a Proudly African and Truly International brand for millions of people in and outside of Africa”.

He said: “We will focus on replicating our digital-first customer-centric retail strategy to create distribution channels for wealth solutions that we will offer, to both institutional and retail clients.

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