Cititrust Holdings Plc, a multi-sector investment group, has emerged winner of the prestigious Investment Holding Company of the Year Award at the 2019 edition of BusinessDay’s Banks’ and Other Financial Institutions (BAFI) Awards, which held in Lagos on Saturday, October 19, 2019. The company beat out some of Nigeria’s most iconic diversified business investment groups to clinch the award.
Cititrust Holdings was recognized to have demonstrated strategic agility in long-term value creation across different sectors of the economy in a way that is sustainable for its non-operating business model.
According to the award citation, the Awards Review Committee was impressed by its strategic vision, disciplined execution and solid competitive positions of its investee companies and subsidiaries. Receiving the award on behalf of the company.
Mr. Yemi Adefisan, Cititrust’s dynamic Group Chief Executive Officer, expressed his appreciation to BusinessDay for the honour and dedicated the award to all its shareholders and investors across 11 African countries. He promised that the company will continue to improve on its services to win the award again.
The group, which was founded in 2006, holds significant investments that cut across commercial and mortgage banking, asset management, stockbroking, and investment banking, currency trading, pension fund administration and insurance services.