Premium Pension Limited, one of Nigeria’s Pension Fund Administrators (PFAs) has announced the attainment of over N1 trillion in Assets under Management (AUM).
A statement by the firm’s Head, Corporate Communications, Aliyu Mohammed Ali yesterday in Abuja said Premium Pension is now part of the three PFAs (out of a total of 19) that are in the trillion-AUM category.
It said the PFA is the first to be fully owned by Nigerians that has achieved over N1 trillion AUM without any form of business combination.
Commenting on the recent development, the Company’s Board Chairman, Ibrahim Alhassan Babayo said, “The attainment of N1trillion Assets under Management is a clear manifestation of hard work which translated into effective management of resources entrusted under the care of our Company”.
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Babayo, while appreciating the National Pension Commission for creating the right environment to safeguard pension assets further said, “Premium Pension is now in the league of Tier-1 PFAs”.
Also, the Managing Director and Chief Executive Officer Umar Sanda Mairami, expressed his appreciation to customers who entrusted their retirement savings to Premium Pension Limited.
He went further to say, “This great milestone of having over N1 trillion Assets under Management was achieved through customer patronage and dint of hard work by staff at all levels without any business combination but by adhering to the Company’s Vision of being “the fastest growing top-tier PFA creating value”.
