Cititrust Receives ‘Decades of Excellence’ Award for 2020

Cititrust Holdings Plc, a leading African investment and financial services group, has won the 2020 Global Banking and Finance Magazine’s award for a decade of offering excellent financial and investment services across the continent.

This was announced by magazine in the 18th edition of its annual awards for deserving financial institutions in seven regions and more than 80 countries.

In the letter of award, Cititrust was designated winner of the ‘Decade of Excellence Investment Holding Company Africa 2020’ category.

While expressing his joy at the development, the Group Chief Executive Officer of Cititrust Holdings Plc, Mr. Yemi Adefisan, said the award is an acknowledgement of the group’s consistent focus on “strategic and value-driven investments” in financial sector of the economies of the 11 countries, where it currently operates across Africa.

Adefisan said in a statement by the company that the award was particularly gratifying, coming on the heels of winning the prestigious ‘Investment Holding Company of the Year Award’ at the 2019 edition of BusinessDay’s Banks and Other Financial Institutions Awards.

According to Adefisan, over the years, all the subsidiaries of Cititrust, LivingTrust Mortgage Bank Plc (formerly Omoluabi Mortgage Bank), Core Capital Ltd, First Options MFB Ltd, FGH Healthcare Ltd, CDP Insurance Brokers Ltd and Bermuda BDC Ltd and others across Africa, have established a reputation for long-term value creation across the financial sector of the economy.

He said, “We have also continued to make significant investment in cutting edge technology in order to maintain and improve our excellent customer service delivery.

“Cititrust Holdings is committed to protecting and promoting the interests of its stakeholders across the African continent and making significant contribution to the development of the Nigerian and regional economy.”

Cititrust Holdings Plc was founded in 2007 and holds significant investments that cut across commercial and mortgage banking, asset management, stockbroking, and investment banking, currency trading, pension fund administration and insurance services.

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