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Access Pensions’ Next Goal Is To Be Among Top Two Assets’ Managers – MD
By GWG Business Editor
The managing director of Access Pensions Limited, Mr Dave Uduanu has said that the pension fund administrator has its eyes on becoming among the top two players in the industry following the recent feat of amassing N1 trillion in Assets Under Management, AUM after six months.
GWG.ng reports that Access Pensions came into being following the merger of Sigma Pensions and First Guarantee Pensions just over six months ago.
Speaking on the strategic goal which he said is to be achieved by year 2027, David Uduanu in an interview said:
“I was given the mandate to develop a five-year plan that will take us to the top two players in the industry by 2027,” Uduanu spoke in an interview on Arise News Television monitored by GWG.ng
Stating how the team went about the task of putting Access Pensions among the top five players in the sector in terms of AUM, Uduanu said:
“We went to work with our strategies, first of which was flawless integration of the acquired entities to form one unified entity and a strong brand. The other components were around people, components and processes.
“In the last seven months before we reached this milestone, we had worked very hard to ensure that we got there on time. So, I want to thank all our customers, over one million, people who have entrusted us with the confidence to manage their pensions and our staff, management and our board. I also want to thank our parent company, Access Corporation led by our chairman, Dr Herbet Wigwe for the hard work they put in into the merger.
“But we are just beginning. It is just a beginning. Our objective is to be a top two player in the pension industry by 2027. The emphasis is on top two, not number two, in other words, our strategy is to be either number one or number two over the next five years. We are very deliberate about reaching this milestone,” Uduanu said of the firm’s goal of putting Access Pensions among the top two in terms of AUM.
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