GTBank has completed the acquisition of Investment One Pension Managers Limited (IOPM) and Investment One Funds Management Limited (IOFM).
Having met all regulatory requirements, both companies are now fully owned subsidiaries of Guaranty Trust Company Plc (“GTCO Plc,” or “the Group”).
This signals an important milestone in the corporate reorganization that was announced in July 2021. GTBank has now evolved from a pure play banking franchise to actualizing the vision of creating an ecosystem of financial services that will enable offering greater and more rewarding experiences.
With over 26 million customers and a growing presence in Nigeria, West Africa, East Africa, and the United Kingdom, the Group is well positioned to expand its reach to serve more markets and deliver on its promise of championing Africa’s growth.
Going forward, the bank’s products and services will include innovative Pension Fund and Wealth Management solutions alongside the existing Banking products and services.