Thursday, May 25, 2017 9:05 AM / Nigeria’s leading bank
Mr. Ike Onyia has been appointed Managing Director / CEO of FBN Capital Asset Management, a subsidiary of FBN Holdings Plc investment bank & Asset Management Group.
Mr. Onyia joins the firm with more than 20 years of experience in management and investment advice. Prior to his appointment, he held the position of Managing Director of Fiducia Capital, a Security and Trade Commission (SEC) and FMDQ OTC investment management company registered in Nigeria, and as Executive Director of Parsifal Partners Limited.
Mr. Onyia was instrumental in the creation and management of two asset management firms, FSDH and Zenith Capital, and was a key member of the initial team that created a premier pension fund administrator. plan.
He was also a pioneer executive committee member and treasurer of the Fund Manager’s Association of Nigeria between 2010 and 2013, and is an associate of the Chartered Institute of Stockbrokers (ACS) in Nigeria.
Mr. Onyia will bring rich experience to the team, and his knowledge and expertise is expected to positively impact the business and increase the value delivered to customers.
Provide wealth and investment management services through a diverse range of products, FBN Capital Asset Management has always provided competitive returns to investors.
According to the SEC, the FBN Fixed Income Fund remained the largest mutual fund in its class at the end of March 2017, while the FBN Nigeria Smart Beta Equity Fund grew by 14.98% at the end of March 2017. and outperformed the NSE 30 benchmark which fell by 10.68% over the same period.
FBN Capital Asset Management was recently recognized as âBest Asset Manager in Nigeria in the Euromoney Private Banking 2017 Survey; âBest Asset Manager in Nigeriaâ at the EMEA Finance Africa Banking Awards 2016; and received the âBest Managed Fundsâ award in the Money Market Fund and Equity Fund categories at the Business Day Banking Awards 2016.