Stanbic IBTC shines at FMDQ awards

cover, Financial Markets

Financial holding company, Stanbic IBTC Holdings, has emerged as the winner of multiple laurels at the 2024 FMDQ Gold Awards.

At the award held recently in Lagos, the banking subsidiary of the Holdco, Stanbic IBTC Bank received top honours in the following categories: FMDQ FX Market Liquidity Provider, FMDQ Dealing Member of the Year, and FMDQ Fixed Income Market Liquidity Provider.

Stanbic IBTC Asset Management was also honoured as the Most Active Buy-Side Participant in the Fixed Income Market.

FMDQ Gold Awards celebrate excellence within Nigeria’s financial markets, highlighting institutions that demonstrate leadership, innovation, and substantial contributions to the nation’s financial ecosystem

Speaking on the achievement, the Executive Director, Corporate and Investment Banking at Stanbic IBTC Bank, Eric Fajemisin, expressed joy over the bank’s accomplishments, stating, “These awards at the FMDQ Gold Awards reflect our unwavering commitment to excellence within the Nigerian financial market.

At Stanbic IBTC, we are dedicated to pioneering solutions that enhance liquidity, improve market efficiency, and deliver the best possible outcomes for our clients.

“This recognition inspires us to continue pushing boundaries and setting new standards across our service offerings.”

The Chief Executive of Stanbic IBTC Asset Management, Busola Jejelowo, added, “These awards affirm our leadership in trading and market-making. We take pride in our role as a liquidity provider in critical segments like fixed income and FX markets. Being recognised as a key player in these essential areas motivates us to continue advancing Nigeria’s financial markets and supporting sustainable economic growth.”