Pension fund administrator, Leadway Pensure, has recorded a 25 per cent growth in its assets under management for the 2023 financial year.
The PFA announced in a statement on Wednesday that it had exceeded its financial targets for the year.
Speaking on the firm’s revenue and investment growth, Chief Executive Officer of Leadway Pensure, Mr Lanre Idris, stated that the achievement further solidified the company’s position as a value-driven, growth-oriented organisation with a unique drive, thereby, positioning it as a trusted and capable financial management partner in the pension industry.
“In a landscape defined by economic uncertainties, Leadway Pensure has not only weathered the storm but has soared beyond expectations, achieving an exceptional 25 per cent growth in the fund under management, surpassing our ambitious targets for 2023.
“The drivers to achieving this remarkable financial milestone include the team’s assertive revenue drive, deploying astute strategic investment steps, embracing digital innovations and adopting a customer-centric approach as the cornerstone of our operations. By prioritising the evolving needs of our clients and leveraging cutting-edge technologies, we have not only adapted to the challenges of the times but have thrived amidst them.
“This achievement underscores the dedication and resilience of our team, whose collective efforts have propelled us to new heights. As we celebrate this milestone, we remain steadfast in our mission to provide unparalleled service and value to our esteemed clients. With our sights set on the future, we are poised to continue our growth trajectory, setting new benchmarks of excellence in the industry,” Idris stated.
During the year under review, Leadway Pensure also won triple awards as West Africa’s Pension & Lifestyle Company of the Year; Best Customer Care Awards, and its CEO was named Best Pension and Finance CEO of the Year.
Leadway Pensure is a part of the Leadway Group, offering pension administration and fund management services to individuals, corporate organisations, and federal and state institutions.