By Goddy Egene
United Capital Plc, a leading investment banking Group in Africa, has restated its commitmentÂ to corporate goals despite the sustained economic challenges in the operating environment. According to the company, the Â resilient pursuit of its Â Pan African strategy to be the financial and investment role model across Africa, deploying innovation, technology and specialist skills to exceed client expectations while delivering superior value for all stakeholders is driven by its people.
The company explained that its impressive performance year after year was a testament to the dedicated and knowledgeable personnel of United Capital across various levels and skill sets.
“The company is supported by a Board of professionals with extensive experience across various sectors and disciplines.Â Â Board member Ambassador J.K. Shinkaiye, was recently elected Chairman of the Association of Retired Career Ambassadors of Nigeria, Abuja Chapter as well becoming a recipient of the Distinguished Alumni Award from the Department of Sociology at the University of Lagos. The achievements of United Capitalâ€™s Board and Management personnel are a direct reflection of the leading institution it is,” the company said.
Industry analysts have said United Capital Plc has been able to record impressive results and providing innovative investment banking solutions to governments, companies and individuals across in Nigeria and across the continent due to the solid intellectual capacity within the organisation.
As the first and only investment banking firm to list on the exchange, United Capital Plc has consistently delivered favourable dividends to shareholders and increased earnings across its various businesses, in spite of macroeconomic challenges unique to its operating terrain. Management has made it a priority to ensure stakeholder groups are satisfied with each transaction. This has led to the customer focused mantra of the companyâ€™s leadership right at the top, starting with the Group CEO, Oluwatoyin Sanni. Her leadership and vision has propelled United Capital to be not just a Nigerian market leader but a Pan African powerhouse. Her recent nomination as Business Woman of the Year by CNBC Africaâ€™s AABLA Awards is a true testament to the leadership at the top.
The firm recently bagged the â€˜Deal of the Yearâ€™ Award at the 2017 BusinessDay Banker Awards for theirÂ Â strategic role in executing Nigeriaâ€™s first ever $300 Million Diaspora Bond.
Other notable achievements this year included: MD, United Capital Securities, Jude Chiemekaâ€™sÂ appointment to the New Product Development Committee for the Association of Stockbroking Houses of Nigeria; MD, United Capital Trustees,Â Â Tokunbo Ajayiâ€™s appointment as President, The Association of Corporate Trustees andÂ Â Â Director, Capital Markets, Babatunde Obaniyiâ€™s appointment as Director of Publicity, Association of Issuing Houses of Nigeria.
United Capital Plc grew its gross earnings for the nine months ended September 30, 2017 by 10 per cent to N6.2 billion, while it ended the period with profit after tax of N3.274 billion.