Cititrust Holdings Plc https://cititrustholdings.com Cititrust Holdings Plc Sat, 22 Oct 2022 10:39:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://cititrustholdings.com/wp-content/uploads/2021/10/favicon.png Cititrust Holdings Plc https://cititrustholdings.com 32 32 The Pearl Column Vol 5.0 https://cititrustholdings.com/the-pearl-column-vol-5-0/ Mon, 10 Oct 2022 09:33:28 +0000 https://cititrustholdings.com?p=16215

The Pearl Column Vol 5.0 is here. Read more on the latest news and happenings at CITITRUST

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The CITITRUST Healthcare Initiative CSR Report https://cititrustholdings.com/the-cititrust-healthcare-initiative-csr-report/ Sun, 09 Oct 2022 10:24:37 +0000 https://cititrustholdings.com?p=16191

We are delighted to share our latest milestone with you.

CITITRUST in partnership with Health Emergency Initiative (a non-profit humanitarian organization) has designed to show care and concern and enhance the chances of survival of indigent women and children through swift and timely life-saving support.

As part of our Corporate Social Responsibility, we are reaching out to a large number of indigent patients with medical conditions that can be managed and treated end to end in primary, secondary and tertiary health institutions.

Kindly click the button below to view the update report.

#WeAreOutonaMission

#CititrustCares 

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CITITRUST Holdings Plc Now Listed On NASD OTC https://cititrustholdings.com/cititrust-holdings-plc-now-listed-on-nasd-otc/ https://cititrustholdings.com/cititrust-holdings-plc-now-listed-on-nasd-otc/#respond Mon, 30 May 2022 08:43:09 +0000 https://cititrustholdings.com?p=15531

CITITRUST Holdings Plc (the Company) hereby notifies the investing public and shareholders of the Company’s admission to the NASD OTC Securities Exchange on 26th May 2022, with a Symbol Code: SDCITITRUST @ N5.50 per share.

In view of the above and the availability of its shares to the public, the Company hereby wishes to congratulate all stakeholders and reassure its customers, shareholders, and the public of its commitment to increasing an all-round stakeholder’s value in adherence to best practices and ethical standards fulfilling its goals and objectives.

For more information, feel free to contact us at investorrelations@cititrustholdings.com
For: CITITRUST HOLDINGS PLC

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The CITITRUST Healthcare Initiative. https://cititrustholdings.com/the-cititrust-healthcare-initiative/ Mon, 16 May 2022 08:10:45 +0000 https://cititrustholdings.com?p=15515

We are delighted to share our latest milestone with you.

CITITRUST in partnership with Health Emergency Initiative (a non-profit humanitarian organization) has designed to show care and concern and enhance the chances of survival of indigent women and children through swift and timely life-saving support.

As part of our Corporate Social Responsibility, we are reaching out to a large number of indigent patients with medical conditions that can be managed and treated end to end in primary, secondary and tertiary health institutions.

Click here to view our first visit to Massey Children Hospital, Lagos Island

#WeAreOutonaMission

#CititrustCares

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The Pearl Column Vol 4.0 https://cititrustholdings.com/the-pearl-column-vol-4/ Mon, 09 May 2022 08:33:41 +0000 https://cititrustholdings.com?p=15476

The Pearl Column Vol 4.0 is here. Read more on the latest news and happenings at CITITRUST

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CITITRUST WINS AFRICAN FINANCIAL BRAND OF THE YEAR AT THE BAFI AWARDS https://cititrustholdings.com/cititrust-wins-african-financial-brand-of-the-year-at-the-bafi-awards/ Tue, 04 Jan 2022 16:21:46 +0000 https://cititrustholdings.com?p=14607

Pan-African financial and investment institution, CITITRUST Holdings Plc, carted a
highly coveted African Financial Brand of the Year award at the prestigious
BusinessDay’s Bank and other Financial Institutions Awards (BAFI).

 The firm beat other strong contenders to clinch this award in a well-attended ceremony
comprising of Bank CEO’s, Captains of Industries and Senior financial executives, last
weekend.

Looking ahead, CITITRUST Holdings Plc was recognized as the Investment Holding
Company of the Year Award at the 2019 and 2020 edition of the BusinessDay’s Banks
and Other Financial Institutions Awards (BAFI), and this year, won the ‘African Financial
Brand of the Year’ award in recognition of its consistent effort as a resolute African
brand expanding on the continent with business offices operating in at least 12 African
countries, using a composite of financial metrics, strategic foresight, execution
discipline, world-class governance and global vision to attain its aspiration of being the
gateway and catalyst for mobilizing capital for growth and development across Africa.
 The Group Chief Executive, Mr Yemi Adefisan, who received the award on behalf of
the company, expressed his delight at the recognition from BusinessDay.

 He said, “This award marks another milestone for CITITRUST Holdings Plc and is a
testament of the resilience and diligent execution of the firm’s strategic initiatives on
customer service. Being recognized as African Financial Brand of the Year
complements our commitment to improving efficiencies, service quality and innovation.
I, therefore, dedicate it to our growing loyal corporate and retail customers, who are our
essence. We will continue to impact lives through our service as well as funding to
individuals, businesses and governments”.

 Adefisan pointed out that the firm remains focused to change the narrative of financial
services in Africa while noting: “Even though Africa’s economic landscape has been
unpredictable in recent times, which resulted in a recession in Nigeria and some of
Africa’s best-performing economies, the firm still found its rhythm and excelled.”
CITITRUST Holdings Plc is a foremost financial solutions provider. The firm has been
an intricate part of diverse African economies since 2007, establishing its footprints
through its Nigerian subsidiaries: Cititrust Asset Management Limited, Atlass Portfolio
Limited, LivingTrust Mortgage Bank Plc and Cititrust Private Equity Limited. The firm
has evolved over the years into an award-winning market leader connecting people and
businesses across Africa (Nigeria, Ghana, Rwanda, Botswana, Liberia, Benin Republic,
Malawi, Kenya, Tanzania, Uganda, Cote d’Ivoire, South Africa) through Commercial and
Investment Banking, Wealth Management, Pension Management, Insurance and
Alternative Investment and Securities Trading.

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Cititrust Supports Living Fountain Orphanage… Holds Retreat, Awards Ceremony https://cititrustholdings.com/cititrust-supports-living-fountain-orphanage-holds-retreat-awards-ceremony/ Tue, 04 Jan 2022 16:00:11 +0000 https://cititrustholdings.com?p=14589

Staff of Cititrust Holdings Plc and its Nigerian subsidiaries have donated food items to the Living Fountain Orphanage, Lagos, as a mark of gratitude to God for a successful year and to support the orphanage in the running of its activities, especially during the festive season.

The company has also held its annual retreat and awards ceremony to reward employees for outstanding performance, dedication and excellence across its subsidiaries and divisions.

According to the Group Head, Marketing and Corporate Communications, Isioma Iwuagwu, the employee-driven Corporate Social Responsibility (CSR) initiative was designed to provide much-needed succour for the most vulnerable children in the community, who have been the hardest hit by the pandemic-induced economic challenges.

She said the company hoped the gesture would go a long way in making the holiday season more enjoyable for the children.

“As a company, we give strong priority to people’s welfare, especially children. We are determined to assist ordinary Nigerians during the current difficulties and this is one of the ways we are achieving this,” Iwuagwu further stated.

Also speaking on the recently held awards ceremony, she said, “Human resources are our most important asset. That is why we are passionate about building formidable leaders, a friendly ecosystem that helps promote employee welfare, productivity, and all- around work/life balance across the twelve (12) African countries where we operate. This has been our philosophy, which reflects on our employee productivity numbers year on year,” 

The highlight of the awards ceremony was the presentation of the Staff of the Year Award to Mr Ojonimi Shehu by the Group Chief Executive. Other award categories include Award for Excellence, Division of the Year, Award for Prudence, Most Sustainable Company of the Year, Product of the Year, Chief Executive of the Year, Best Performing Company of the Year for Commercial Banking Group, Investment Banking Group, Wealth Management Group and Alternative Investment Group.

CITITRUST Holdings Plc is a foremost financial and investment solutions provider. The firm has been an intricate part of diverse African economies since 2007, establishing its footprints through its Nigerian subsidiaries: Cititrust Asset Management Limited, Atlass Portfolio Limited, LivingTrust Mortgage Bank Plc and Cititrust Private Equity Limited.

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CITITRUST Award 2021 https://cititrustholdings.com/cititrust-award-2021/ Thu, 25 Nov 2021 06:24:22 +0000 https://valiance.qodeinteractive.com/?p=2386

Leading pan-African Financial and Investment Conglomerate, Cititrust Holdings Plc has held its annual award ceremony to reward outstanding employees across its subsidiaries and divisions for their hard work and dedication.

This year’s event was held on Saturday, November 6, 2021, at the Swiss International Hotel, Lekki, Lagos.

Adefisan, in his remarks, said “human resources are our most important asset. That is why we are passionate about building formidable leaders, a friendly ecosystem that helps promote employee welfare, productivity, and all-around work/life balance across the twelve (12) African countries where we operate. This has been our philosophy, which reflects on our employee productivity numbers year on year,” 

Also commenting on the company’s annual CEOs Retreat, which preceded the awards ceremony, Adefisan said the retreat presented the executive management team the opportunity to learn, unlearn and strategize for the next financial year, 2022.

The highlight of the occasion was the presentation of the Staff of the Year Award to Mr. Ojonimi Shehu by the Group Chief Executive.

Other award categories include Award for Excellence, Division of the Year, Award for Prudence, Most Sustainable Company of the Year, Product of the Year, Chief Executive of the Year, Best Performing Company of the Year for Commercial Banking Group, Investment Banking Group, Wealth Management Group, and Alternative Investment Group.

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The Pearl Column Vol 2.0 https://cititrustholdings.com/the-pearl-column-vol-2-0/ Thu, 25 Nov 2021 06:23:24 +0000 https://cititrustholdings.com?p=14418

The Pearl Column Vol 2.0 is here. Read more on the latest news and happenings at CITITRUST

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CITITRUST Holdings Plc repositions, Divests from CITITRUST Financial Services, Nigeria https://cititrustholdings.com/cititrust-holdings-plc-repositions-divests-from-cititrust-financial-services-nigeria/ Thu, 25 Nov 2021 06:22:49 +0000 https://cititrustholdings.com?p=14424

CITITRUST Holdings Plc has announced its strategic decision to divest its 100% holdings in CITITRUST
Financial Services Plc Nigeria. This decision was taken after considering the company’s long-term
sustainability and objectives of its business model that no longer align with the vision of CITITRUST
Financial Services Plc Nigeria.

A statement today signed by CITITRUST Holdings Plc states that CITITRUST Financial Services Plc Nigeria is now owned and represented by Clandun Business Advisory, which will be responsible for the management and operations of CITITRUST Financial Services PLC Nigeria and its six (6) subsidiaries:
Cititrust Credit Limited, Cititrust Portfolio Limited, Core Capital Limited, First Guaranty Healthcare Limited, First Option Microfinance Bank Limited, and Great Hope Insurance Brokers Limited.

Consequently, CITITRUST Financial Services PLC Nigeria and its direct subsidiaries cease to be a direct or indirect affiliate of CITITRUST Holdings PLC, as the new owners are not related to the Holding Company.

CITITRUST Holdings Plc remains committed to consistently delivering excellent service and performance
in line with its core business values and objectives. Recently, one of its subsidiaries, Pan African Finance
Limited Rwanda, was granted an Investment Banking license from the Rwanda Capital Market Authority,
to upscale the business model to operate fully as a Merchant Bank.

To further underscore the dynamism of Cititrust Business Model, its solely CBN licensed Banking
subsidiary, LivingTrust Mortgage Bank Plc, declared a Q3 2021 Profit After Tax of N533Million. Cititrust
Holdings Plc is resolved to deliver outstanding performance to its stakeholders across the remaining 18
direct subsidiaries and 2 indirect subsidiaries across twelve (12) African countries.

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