Royal Exchange Plc’s new leadership has pledged to reposition the company as a world-class financial services player, building on its decades-long market trust while rolling out an ambitious growth plan to sustain its recent share price surge.

The assurance comes on the heels of the recent appointment of Idu Okeahialam, a veteran in the financial services industry, as the Group Managing Director (GMD) of the Holding Company.

The drive will be boosted by the remarkable growth of the company’s share price, which increased from N0.64 in May to N2.26 in August, a leap that reflects investor confidence following strong financial performance and effective management.

Okeahialam’s appointment and the ongoing restructuring of the group are expected to bring fresh perspectives and expertise, driving growth and innovation within the company in line with the mission to evolve as one of the leading financial services firms in Nigeria and beyond.

The new vision will entail a strategic restructuring of operations, while a comprehensive and integrated rebranding project will also be undertaken in due course.

Okeahialam outlined some of the plans in the works and in progress to include technological upgrades, human capital development, risk management, product development and enhancement and diversification, among others.

She said: “With the new leadership appointment and strong share price performance, Royal Exchange is well-positioned for continued success and growth. Royal Exchange Plc’s commitment to excellence and customer satisfaction remains unwavering.”

The company, she said, is currently working on reinstating and reviving its trustee business, a move that is designed to enhance the range of service offerings as well as provide value-added solutions to its clients.

With a solid shareholder base, the company is confident that its current growth plan will achieve its short-term and long-term goals.