First Pension Custodian Nigeria Limited (FPCNL) is a wholly-owned subsidiary of First Bank of Nigeria Limited. Our origins date back to 2004 when, in accordance with the Pension Reform Act of 2014 (as amended), we were granted Approval in Principle (AIP) by the National Pension Commission (PENCOM) in 2005 to commence operations as a Pension Fund Custodian. Since then, we have steadily grown our Assets Under Custody (AUC) and now hold an AUC in excess of NGN 4trillion whilst our paid-up capital currently stands at NGN 2billion.
Our Management team is made up of a set of seasoned and dynamic professionals from diverse backgrounds with extensive experience in Operations, Compliance, Finance, Financial Markets, Banking, Relationship Management, Audit and Risk Management.
As a member of the FirstBank Group, our corporate vision and values are closely aligned to the Group’s brand promise of delivering ultimate “gold standard” of value and experience anchored firmly on the four pillars of Entrepreneurship, Professionalism, Innovation and Customer-centricity (EPIC).
Our Mission To provide best quality custodian services and optimum protection of contributors’ assets.
Our Vision True to our name, to be the custodian of first choice.