AIICO Emerges Tops at UBA Pensions Sports Meet

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AIICO Pension Managers Limited at the weekend emerged the overall winner of the 2018 UBA Pensions Custodian Limited annual sports meet tagged ‘mini Olympics’ with three gold, one silver and one bronze medals.

The tournament in its 9th year witnessed the participation of 11 PFAs and the host namely: Stanbic IBTC Pensions, Leadway Pensure, ARM Pension, Crusader Sterling Pension, AIICO Pension, Legacy Pension, Fidelity Pension, Radix Pensions, AXA Mansard Pension, PAL Pensions, IEI Anchor Pensions and UBA Pensions.

With about 800 people in attendance, the tournament took place at Funturf International Admiralty Way, Lekki, Phase 1 Lagos.

Stanbic IBTC Pensions and ARM Pension were the first and second runners up respectively winning two gold, two silver, one bronze and one gold, three silver and three bronze respectively. In the star event, the five-a-side football competition, IEI Anchor Pensions emerged tops.

Apart from the five-a-side football competition for men, other sporting events at the tournament included: sack race relay, table tennis (male and female), egg and spoon race (female), chess, scrabble, snooker, penalty shootout and the FIFA 17 virtual game.

In all, 84 medals and 30 awards were given to outstanding participants at the competition, while the overall three best teams received trophies. Children were not left out of the event as lots of entertaining games were provided with plenty to eat and drink.

The Managing Director of UBA Pensions Custodian Limited, Mr. Bayo Yusuf stated that the sports initiative was not just about games being played but about learning life’s long lessons of failure, joy, disappointment, excitement, winning and losing.

He stressed that it was specifically suited for developing certain skills such as tolerance, team spirit, loyalty and fair play.

‘’Ethics and values that we learn on the sport field lay a foundation for a more peaceful and humane world,’’ he said.

He noted that UBA Pensions’ vision of being a leading pension fund custodian was not just only about assets under custody or profitability but about building a better and an enduring pension industry where operators cooperate to compete.

UBA Pensions Custodian Limited (UBA Pensions) was incorporated in September 2005 in line with the Pension Reform Act 2004 (As Amended), and is wholly-owned subsidiary of UBA Plc.