Access Pensions On Track To Top-Two Player Bracket in Nigeria - Uduanu, MD

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The Access Pensions Limited, Nigeria’s top pension fund administrator and a subsidiary of Access Corporation, is targetted at becoming among top two players in the industry in the country, following the recent feat of amassing N1 trillion in Assets Under Management, AUM after six months.

Indeed, Access Pensions came into being following the merger of Sigma Pensions and First Guarantee Pensions just over six months ago.

The Managing Director of Access Pensions Limited, Mr Dave Uduanu, said the strategic goal is set to be achieved by year 2027.

Uduanu, who spoke on Arise TV, said: “I was given the mandate to develop a five-year plan that will take us to the top two players in the industry by 2027.”

He recalled how the management team went about the task of putting Access Pensions among the top five players in the sector in terms of AUM.

According to him, “We went to work with our strategies, first of which was flawless integration of the acquired entities to form one unified entity and a strong brand. The other components were around people, components and processes.

“In the last seven months before we reached this milestone, we had worked very hard to ensure that we got there on time. So, I want to thank all our customers, over one million, people who have entrusted us with the confidence to manage their pensions and our staff, management and our board. I also want to thank our parent company, Access Corporation led by our chairman, Dr Herbet Wigwe for the hard work they put in into the merger.

“But we are just beginning. It is just a beginning. Our objective is to be a top two player in the pension industry by 2027. The emphasis is on top two, not number two, in other words, our strategy is to be either number one or number two over the next five years. We are very deliberate about reaching this milestone.”