AIICO Pension Managers Limited ("APML") was incorporated in February 2005 and licensed in April 2006 as a Pension Fund Administrator (PFA) by the National Pension Commission (PenCom) under the Pension Reform Act 2004.
The company commenced business in May 2006.
AIICO Pension Managers Limited is a subsidiary of AIICO Insurance.
APML is a well-focused Pension Fund Administrator (PFA), managed by seasoned and well-tested executives with vast experience in Pension Administration, Risk Management, Banking, Capital Market and Asset Management.
Pension Fund Custodian (PFC)
We have chosen First Pension Custodian Nigerian Limited, a wholly owned subsidiary of FBN Holdings.
We have identified synergies in reputation, network, capitalization, experience and reliability which will be brought to bear to bring you quality service.
Pension contributions and benefit payment are processed through over 400 branches of First bank of Nigeria spread across States and local Governments in Nigeria.
We also chose Diamond PFC. Diamond Pension Fund Custodian Limited is a wholly owned subsidiary of Diamond Bank.
Diamond PFC has a workforce that is highly experienced and skilled in Custody and Financial services and operations. They have the skills and experience to achieve our mission which means world-class and custom tailored custodian services that bring distinctive value to its clients.
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