Stanbic IBTC Pension Managers is a licensed Pension Fund Administrator set up with the primary objective of delivering quality pension fund administration and management services to both private and public sector employees covered by the Pension Reform Act 2004.
Stanbic IBTC Pensions has an authorized and paid-up capital of N500 million, significantly above the minimum requirement of N150 million. The Company is a joint venture between Stanbic IBTC Bank and 2 other financial institutions: Access Bank Plc, and Linkage Assurance Plc. Stanbic IBTC Pensions is 70.59% owned and managed by the Stanbic IBTC Group. The combined networth of the Company’s shareholders is close to N100 billion.