Apt Pension Fund Managers Limited

Financial Services Financial-portfolio Management Pensions


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Description

Following the passage of 2004 Pension Reform Act, APT Pension Funds Managers Limited was incorporated on the 13th December 2004 under the Companies and Allied Matters Act 1990 with an Authorised share capital of Five Hundred Million Naira to carry out the sole business of Pension Fund Administration in Nigeria.

APT Pension Funds Managers Limited applied for a licence to operate as a Pension Fund Administrator (PFA) on 28th June 2005 and was granted an approval in Principle by National Pension Commission (PenCom), on 22nd November 2006.

Following the approval in-principle granted to the company, and the fulfillment of all pre-licensing requirements, Apt Pensions was granted a full license to operate as a Pension Fund Administrator (PFA) on 15th June, 2007. The authorized Share Capital has been increased to N 1.5 billion (one billion five hundred thousand naira); with a Paid-up capital base of N 1.38billion (one billion three hundred and eighty million Naira).

The Company is headquartered at FMBN Building, Plot 266 cadastral AO, CBD Abuja with three other branches located strategically in Gombe, Kaduna & Lagos State

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