Greenwich eyes new market at 30

The Greenwich Group, a financial solutions provider, is marking 30 years of delivering innovative financial solutions with plans to break into new territories and expand its market share.

The lead institution, formerly known as Greenwich Trust Ltd, has transitioned from its early days as a financial adviser and issuing house into a merchant bank.

In March 2024, Greenwich Merchant Bank was granted an approval-in-principle (AIP) by the Central Bank of Nigeria (CBN) for a non-operating financial holding company structure.

Today, it is the most capitalised merchant bank in Nigeria, with a strong asset base of N146 billion as of June 30. In commemoration of its 30th anniversary, the company hosted an exclusive dinner event in Lagos to celebrate and appreciate its loyal clients and customers who have been part of the journey as well as express its deep gratitude to the stakeholders.

It also rewarded 45 Staff members who have been instrumental in the group’s journey to success. The event was well attended by dignitaries across the board.

Amongst the awardees was a posthumous award for leadership awarded to the late Remi Omotosho with a cash prize of N50 million. The best staff across the Greenwich Group, Yakashim Shettem, also received the Kayode Falowo Award for Excellence, which also went with a cash prize.

Chairman of Greenwich Group, Kayode Falowo, expressed profound gratitude to God, and appreciated the company’s stakeholders, noting that the dinner is part of the Group’s broader initiative to further appreciate its clients and recognise the efforts of the staff for their loyalty.

According to him, the institution is set to unfold a remarkable transformation by launching into new territories of businesses – insurance, pension fund administration and fintech, as it has received an AIP from the CBN to operate as a holding company.