“Leveraging Opportunities in an Evolving Capital Market; the Changing Roles of Registrars”-Eniola Fadayomi

Africa Prudential Stakeholders Forum 3: l-r: Group CEO and Keynote Speaker, United Capital Plc, Mrs Oluwatoyin Sanni; Managing Director/CEO, Africa Prudential Plc, Mr. Peter Ashade; Chairman, Africa Prudential Plc, Chief Eniola Fadayomi; Non-Executive Director, Africa Prudential Plc, Mr. Peter Elumelu, at the Stakeholders Forum 2017 organised by Africa Prudential Plc, in Lagos last Friday

23/10/2017/Africa Prudential Plc

Good Morning All,

The Distinguished representatives of the Securities and Exchange Commission, the Nigerian Stock Exchange, our amiable Guest Speaker- Mrs. Toyin Sanni, the Group Managing Director/CEO, United Capital Plc and the Discussants. The representatives of Issuing houses, Stockbroking firms, Trustees, Client Companies, the Shareholder community, Gentlemen of the Press,Ladies & Gentlemen.

On behalf of the Board, Management & Staff of Africa Prudential Plc, I welcome you all to this important occasion.

Today, marks an important milestone in the history and continuous evolution of our organisation from the class of a good to a great company.  I am excited and humbled to share our story with you. You will agree with me that for a company in Nigeria to have been in existence for more than four decades (1973) in a sector such as the capital market, that is constantly and rapidly changing is no mean achievement. Africa Prudential Plc should be proud to have claimed its rightful position as the Numerounoin the industry. More importantly we have done so on the back of the strong corporate core values of – Enterprise, Execution and Excellence.

As a company with a very strong passion for transforming the African continent through innovative solutions, superior investor relations, and business support services, Africa Prudential Plc is in business to maximise mutual possibilities for all its stakeholders. As a leading investor services firm with years of top-class experience in the Nigerian Capital Market, Africa Prudential Plc has made giant strides. The importance of this mission has never been in doubt.

To our satisfaction, the Company has in the last few years, outperformed the financial expectation of its stakeholders through consistent declaration of profits, dividend payment and winning of many prestigious awards including the:

  • Best capital market registrar in West Africa – innovation category award- 2017
  • Pearl Awards for Best Corporate Governance Organization- 2015
  • Pearl Award for Best Profit margin ratio- 2015

Notwithstanding the aforesaid achievements and recognitions, our company is very mindful of the popular saying, that it is much easier to get to the mountain top of success but the real challenge is remaining at the top.To continuously innovate, a company must be agile and must adapt to the changing times. In other words, the company must be mindful of the fact that corporate success has its inherent risks and dangers – complacency. Nothing but change is permanent.  At Africa Prudential Plc, we realise that change and innovation is paramount for a sustainable future for our company and that is why we are all here.

This forum with the broad theme of “Leveraging Opportunities in an Evolving Capital Market: The Changing Roles of Registrars” is organized to provide an opportunity for our company and all its stakeholders to examine the past, present and future outlook of the capital market with a view to charting a road map for the future for all players in the industry in a genial atmosphere of robust debate.  

Within the brief time frame of this forum, we do not expect to cover all the field or provide solutions for every industry problem. However, at the end, we would be satisfied to ignite the spark of ideas, concepts, foresight and innovations that will spur the capital market industry to greater heights. It will also afford our company, the opportunity of unfolding its own vision for sustainable growth as a going concern by showcasing an array of revolutionary new products in the market to diversify its business focus.

I therefore urge everyone present to not only listen attentively as our Panel of Discussants take us through their reach blend of experiences and thoughts on the ways and means of leveraging opportunities in an evolving capital market but also to contribute to the discussion by  generating ideas that will move the industry forward.

Therefore, to all our Stakeholders, we say thank you for coming and we do hope your presence and contributions in this forum will greatly enrich the discourse. To our distinguished panel of discussants, we are quite grateful to have you around. And to all invitees, we say, you are most welcome and do have a wonderful participation in this forum.

Thank you.

Chief (Mrs) Eniola Fadayomi

Chairman – Africa Prudential Plc.