Axis Pension Trust Wins Award

Axis Pension Trust, an indigenous pensions management company, has received a continental award in recognition of its high standards of pension risk management. The award was presented to the company at the second Africa Pensions Awards held in Abuja, Nigeria. The company also took the first place in the Innovations in Risk Management category.

The Chief Executive Officer of the company, Mr Afriyie Oware, commenting on the awards said, “Over the past three years, our preoccupation has been to establish sound institutional structures that provide peace of mind and comfort to our clients. We least expected an award for that. This achievement is, therefore, a strong validation of the fact that Axis Pension Trust is on the right track. At the larger industry level, this is also exciting, as it reflects positively on the success and high standards that private pension players have introduced to the pension’s landscape in Ghana.”

The African Pension Awards brings together Regulators and Administrators of Pension Funds from all over Africa to showcase the continent’s achievements and innovation in pension administration and social security. This year’s awards, hosted by the National Pension Commission of Nigeria, honoured winners for excellence in innovations in five award categories.

For innovations in corporate governance, the National Pension Commission of Nigeria took the first prize, with Ghana’s National Pensions Regulatory Authority (NPRA) taking home the second prize in the regulator’s category. Other winners included Nigeria’s Premium Pension Ltd which won the top prize for the deployment of innovative practices to facilitate wide coverage and inclusion category. Enwealth Financial Services, Kenya, came second in that category. Stanbic IBTC of Nigeria came first in Information, Communication and Technology platforms for improved customer service delivery; with Zimbabwe’s Minerva Benefits Consulting taking the second place and National Social Security Institute of Guinea Bissau, placing third.

This year’s awards was organised under the auspices of the World Pensions Summit and hosted by the National Pension Commission in Nigeria