Stanbic IBTC Stockbrokers Ltd, a member of Stanbic IBTC Holdings Plc, has been named the 2015 Best Dealing Member Firm on the Nigerian Stock Exchange (NSE).
The award was given to the company at the 2015 NSE CEO Awards on December 18, as it was commended for a high performance culture that has enabled it maintain its leadership position in the Nigerian capital market for close to a decade.
During the period under review, the company retained its position as the largest stockbroking firm in Nigeria in terms of transaction value executed on the floor of the Exchange, a position it has consistently held.
In his comments, Mr Oladele Sotubo, Chief Executive Officer, StanbicIBTC Stockbrokers Limited, said the company was pleased to win the NSE CEO’s award, which validates the appetite and growing capacity of the stockbroking firm to provide robust services in the capital market.
“We are delighted to be recognized for our efforts and credible performances in the Nigerian capital market. The award reflects our strong commitment to consistently deliver relevant, innovative and timely solutions to our ever-growing local and foreign clientele,” Sotubo stated.
He added that the company will continuously put in the public domain initiatives and strategies that could help all stakeholders, especially investors, to be better informed about developments in the capital market, which will help them in making informed investment decisions.
According to Sotubo, Stanbic IBTC Stockbrokers was selected based on its outstanding work in the Nigerian capital market, part of which involved transactions in the most capitalized stocks quoted on the Nigerian Stock Exchange.
“The firm will continue to leverage the local and global expertise of the Standard Bank Group in optimizing value to clients,” he said.
He recalled that the re-appointment of Stanbic IBTC Stockbrokers Limited as stockbroker to the Federal Government of Nigeria on FGN Bonds for three consecutive years as well as market maker by the Exchange clearly demonstrate recognition of the company’s ability to deliver on its mandates as well as the Stanbic IBTC Group’s overall leadership in the various market segments.
-Leadership
