Zedcrest acquires RMB Nigeria stockbrokers
Financial solutions firm Zedcrest has acquired RMB Nigeria Stockbrokers, a subsidiary of Rand Merchant Bank, to expand its service offerings and market footprint in Nigeria's financial sector.
Financial solutions firm, Zedcrest, on Wednesday announced its full acquisition of RMB Nigeria Stockbrokers.
The firm said that the acquisition aligns with its objective to enhance its service offerings and market footprint, saying RMB Nigeria Stockbrokers brings a wealth of experience and a strong reputation in stockbroking, which complements Zedcrest’s portfolio of financial products and services.
“We are thrilled to welcome RMB Nigeria Stockbrokers Limited into the Zedcrest family,” said Chief Executive Officer of Zedcrest Group, Adedayo Amzat. “This acquisition underscores our commitment to growth and excellence in the financial sector. RMB Nigeria Stockbrokers’ expertise in stockbroking, when combined with our comprehensive financial solutions, will enable us to deliver even greater value to our clients.”
The CEO of RMB Nigeria Stockbrokers, Layi Olaleru, expressed confidence about the future, saying, “We are excited about the opportunities this acquisition presents and look forward to a promising future. We assure our clients that this transition will be seamless and that their interests remain our top priority.”
RMB Nigerian Stockbrokers is a member of Rand Merchant Bank; the Corporate and Investment Banking arm of the FirstRand Group headquartered in South Africa.
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