Stanbic IBTC Stockbrokers Limited (SISL) has received the award for 2016 ‘Best Dealing Member Firm’ on The Nigerian Stock Exchange, NSE.
The prestigious NSE CEO Award is an annual capital market award, in three sub-categories, that recognizes excellence and exceptional performance by market operators in a given year. Promoters of the awards seek to reward outstanding contributions to the growth and development of the Nigerian capital market and the Exchange.
The company, which clinched the coveted award for the fourth time, was commended for a high performance culture that has enabled it retain its position as Nigeria’s largest stockbroking firm in terms of transaction value.
During the period under review, the company retained its position as the largest stockbroking firm in Nigeria in terms of transaction value executed on the floor of the Exchange, a position it has consistently held for a decade.
Chief Executive, Stanbic IBTC Stockbrokers Limited, Mrs. Titi Ogungbesan, speaking on the award, said the award reflects the company’s consistent performance over the years, a feat made possible from a robust strategy to set clear values, objectives and processes to ensure that investors derive optimal value from their investments.
The company, she said, will continue to leverage on the stellar reputation and expertise of the Standard Bank Group, to which Stanbic IBTC belongs, to provide robust services in the capital market. “We are absolutely delighted to be recognized for our contributions towards the development of the Nigerian capital market. The award reflects our strong commitment to a culture of high performance, excellence, and consistently delivering relevant, innovative and timely solutions to our ever-growing local and foreign clientele.
Our business will always be value-driven,” Ogungbesan said.
She said Stanbic IBTC Stockbrokers Limited remains steadfast in collaborating with the Exchange and other stakeholders to nurture the Nigerian capital market into a world-class hub, a mission made particularly imperative by recent market volatility caused by the impact of plummeting global oil prices on Nigeria’s economy.