Greenwich Group Celebrates 30 Years, Eyes Expansion Opportunities
Nume Ekeghe
The Greenwich Group has operated for 30 years.
Marking three decades of excellence, the organization has reaffirmed its position in financial services sector and is set to chart bold new paths for future growth.
Established as Greenwich Trust Ltd, the institution has transformed over the years from a Financial Adviser and Issuing House into a leading Merchant Bank.
Its evolution reached a significant milestone in March 2024, when Greenwich Merchant Bank secured Approval-In-Principle (AIP) from the Central Bank of Nigeria (CBN) to transition into a non-operating financial holding company.
The bank in a statement disclosed that Greenwich Merchant Bank is the most capitalised Merchant Bank in Nigeria, boasting an impressive asset base of N146 billion as of June 30, 2024.
Speaking on its plans for expansion at the 30th celebration in Lagos, the Chairman of Greenwich Group, Kayode Falowo noted that the institution is set to unfold a remarkable transformation by launching into new territories of businesses Insurance, PFA and Fintech, as it has received an Approval- in-Principle from the Central Bank of Nigeria to operate as a holding company.
Speaking of some of the awardees, the Chairman hinted that Greenwich has continued to build on the legacy of the late (Sir) Remi Omotosho’s good governance, integrity, and professionalism, as he was part of the journey of the Company while alive. He further explained that the recipient of the Kayode Falowo Award for Excellence, Shettem was honored for epitomizing the core values of integrity, efficiency, innovation, loyalty, and transparency.
The Governor of Ogun State, Dapo Abiodun, a special guest at the event, commended the Chairman of Greenwich for demonstrating exemplary leadership and commitment to excellence in his role for spearheading the remarkable traits that have significantly contributed to the growth and success of the Institution.
