FCMB PENSIONS DISBURSES N200BN TO RSA HOLDERS AS IT MARKS 20 YEARS

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FCMB Pensions Limited, a subsidiary of FCMB Group Plc, this Monday embarked on a road walk in abuja as part of activities lined up for its 20th anniversary celebration.

Managing Director/Chief Executive Officer of the FCMB Pensions, Christopher Bajowa who addressed the press before the walk disclosed that the company has disbursed over N200Bn in benefits payouts to both retirees and other types of beneficiaries since inception. 

“Today is not just a milestone; it is a testament to the dedication, resilience, and shared purpose that have shaped our journey over the past two decades,” he said.

“Today, with over N1.1 trillion in AUM, over N200 billion paid to retirees and other beneficiaries, we remain a strong institution, making impact in the communities we serve.

“As we reflect on our journey, we are reminded that we would not be in business without our customers. Their trust, loyalty, and confidence in us over the years are the reason we exist, grow, and thrive. Every account opened, every contribution made, and every benefit paid represents a customer depending on us to deliver on our promise.”

Despite the huge disbursement, Mr Bajawo said the company is not yet there, as efforts are being made to deploy digital technologies in a bid to closing the gap between the organization and customers while delivering service with speed and efficiency.

“As we reflect on our journey, we remember the challenges we faced, the lessons we learned, and the countless victories we achieved together. Every project completed, every client served, every improvement made has contributed to our growth and success. And behind each of those achievements stands a team of dedicated people who consistently give their best.”

The company was incorporated on April 7, 2005 and licenced by the National Pension Commission (PenCom), to carry out business as a Pension Fund Administrator (PFA) as defined under the Pension Reform Act, 2014.

Bajowa also mentioned that the company would seize opportunities in Micro Pension which is currently the focus area of the regulator (PenCom) to deepen pension inclusion in the country. 

“As you know, at this time, micro pension is the focus area for our regulator and it represent a big opportunity to grow inclusion in the pension industry. That is why we seize this opportunity to commence a walk and also promote pension and pension plan which we believe represent the next function in terms of growth in the pension industry,” he said.

The MD noted the company takes feedback from the customers very seriously. 

“We learn by their feedback, and the truth is that we do our best to serve our customers,” he said.

On 2026 target, Bajowa said “we want to grow our offerings to our customers by way of PPP that we are flagging off today. 

“Outlook also in terms of investment returns, is very encouraging. We have done well in 2025 and we want to build on that, but most especially, we want the customers to be able to reach us through digital platforms, physical offices and through other platforms we may have that are really structured for them.”

The walk which started from the FCMB Pensions office at Central Business District (CBD) and terminated at the popular Wuse Market, was aimed at deepening pension and retirement awareness in the country.

“Today’s road walk to Wuse Market is a meaningful part of this celebration, and it serves three important purposes: It reinforces our commitment to healthy living, reminding us that our people—our staff—are our greatest asset, and wellbeing must always come first; It provides a platform to create awareness about the Personal Pension Plan (PPP), helping traders, artisans, and self-employed individuals understand that retirement planning is not only for salaried workers but for everyone; It allows us to connect directly with the communities we serve, strengthening trust, visibility, and our role as a responsible corporate citizen.”

“Our journey over the last two decades has been guided by our Core Values. We believe we will be guided in future by a refined EPIC with Core Values as; Excellence – We consistently hold ourselves to the highest standards, ensuring quality, integrity, and professionalism in everything we do; Purpose – Beyond profit, we are driven by a clear mission: to secure the future of our customers and positively impact the communities we serve; Innovation – We embrace change and technology, continually improving our processes, products, and channels to meet evolving customer needs; Customer Focus – Our customers remain at the centre of our decisions, actions, and service delivery, because their trust is our most valuable asset,” the MD stated.

While acknowledging staff members both past and present whose dedication, professionalism, and passion have brought the brand to life every single day, Bajowa said they are the engine that drives the success story of FCMB Pensions.


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