FCMB Pensions Marks 20 Years With N1.1trn Assets Under Management

FCMB Pensions has marked its 20th anniversary, celebrating two decades of operations with assets under management (AUM) exceeding N1.1 trillion, a milestone that underscores its growth, resilience and impact in Nigeria’s pension industry.

Beyond asset growth, FCMB Pensions said it has paid over N200 billion in benefits to retirees and other beneficiaries since inception. The firm said the feat is a reflection of the company’s commitment to safeguarding the future of its customers and delivering on its promises.

The company was incorporated on April 5, 2005 and commenced operations later that year. Although the anniversary date fell earlier in the year, the management deliberately chose December for the celebration, describing the period as a season of reflection, gratitude and renewed commitment as the organisation prepares for the future.

Speaking at the anniversary event in Abuja on Monday, the Managing Director/CEO FCMB Pensions, Christopher Bajowa said the journey of FCMB Pensions began with a clear vision anchored on passion, innovation and the determination to make a meaningful difference. “From a modest beginning with a small team, the company has grown into a strong and respected player in the pension sector, a progress attributed largely to the dedication and professionalism of its staff, past and present,” he said in an interview with reporters.

He said the company decided to embark on roadwalk in Abuja “to create awareness about the Personal Pension Plan (PPP), helping traders, artisans, and self-employed individuals understand that retirement planning is not only for salaried workers but for everyone.”

As part of activities marking the anniversary, the company organised a road walk to Wuse Market, Abuja, aimed at promoting healthy living among staff, raising awareness about the Personal Pension Plan (PPP) and deepening engagement with traders, artisans and other self-employed individuals.

According to the management, the initiative was designed to reinforce the message that retirement planning is not limited to salaried workers but is essential for everyone.

The managing director noted that over the years, FCMB Pensions has remained guided by strong core values, including excellence, purpose, innovation and customer focus. These values, she said, have shaped the company’s approach to service delivery, product development and community engagement, while helping to sustain customer trust.

The company also expressed appreciation to its customers for their loyalty and confidence, describing them as the backbone of its growth and sustainability. It equally acknowledged the role of its employees, whose dedication and passion have helped translate the brand’s vision into tangible outcomes over the past two decades.

As FCMB Pensions enters its third decade, the management reaffirmed its commitment to strengthening innovation, deepening customer-centric solutions and expanding its impact across communities, while maintaining the highest standards of professionalism and integrity in the pension industry.