Zenith Pensions Custodian Limited (ZPC) is a subsidiary of Zenith Bank Plc licensed by the National Pension Commission (PenCom) to provide Pension Fund Custody in pursuant to the Pensions Reform Act 2004 as amended in 2014. ZPC is run as a separate legal entity in line with Global best practice and aims to be the foremost pension custodian in Nigeria. We have also been a reference point in the Pension industry as a result of our exceptional services and competence as custodian. To buttress this, PenCom had selected Zenith Pensions Custodian as a reputable Custodian to be understudied by countries that have implemented Pension Reforms such as Ghana and Malawi.
ZPC has also positioned itself to take advantage of the development of the domestic financial market as it is one of the six Custodians licensed by the Central Bank of Nigeria (CBN) for Custodianship in Money Market and other Fixed Income instruments.
ZPC commenced operations in the first quarter of 2006 and has been able to achieve outstanding growth in Asset under custody to the tune of about N2 trillion. In ZPC, we pride ourselves as being an industry leader as evidenced by the size of assets under custody, profitability and efficiency as indicated by our consistent low risk rating and recognition with the following awards:
1. Best Pension Fund Custodian Company of the year (2014) presented by International Brand Award Nominees & HSBS Global
2. Best Pension Fund Custodian award 2012 by Institute for Government Research & Leadership Technology.
