Rand Merchant Bank trains fixed income stakeholders

The Rand Merchant Bank (RMB) Nigeria Limited hosted its inaugural fixed income training workshop with the aim of devising strategies that would ensure value addition to the investments of clients.
  
The three-day workshop, held in Lagos and Abuja from June 1 to 3, 2015, and 4 to 6 respectively, was undertaken by Peter Skerritt and Associates, a company renowned for best practice in treasury and risk management training across Africa.

RMB Nigeria said the initiative was aimed at promoting and developing the fixed income market through continuous training and development programmes for all stakeholders.
  
The Head of Global Markets, RMB Nigeria, Pardon Muzenda, said the financial institution believes in deepening the knowledge base of the fixed income markets and adding value to its clients, which the workshop offered the opportunity.
  
According to the RMB Nigeria’s Head of Human Capital, Ayotunde Oyewole, the bank is built on innovation and entrepreneurship, “something we have continued to nurture and grow since inception.

“We believe that investing in skills training and continuous development is often the best way to reach innovative solutions and arrive at new ideas.
  
“The key objective as a group, as an institution is to add value to stakeholders and the communities in which we serve, and one of the ways to achieve this purpose is by promoting development through continuous learning, through training and workshop”, she stated.
  
RMB Nigeria, a wholly owned subsidiary of the FirstRand Group, one of the largest financial services groups in Africa, has been operational in Nigeria since 2013.

FirstRand Group has an estimated $89 billion balance sheet size and RMB Nigeria benefits from the financial strength and global reach of its parent.
  
As the investment banking arm of FirstRand Bank Limited, RMB has a deal footprint across 35 African countries with offices in Namibia, Botswana, Nigeria, Angola and Kenya and in UK, India, China and the Middle East.
  
Also speaking at the workshop, the Head of Compliance, Mrs. Olubunmi Odufuwa, said the newly released corporate governance for banks from CBN stresses the need for global best practices and elimination of perceived ambiguities for Nigerian banks, adding that the bank is fully in alignment with the directive.