FUG Pensions unveils plans to grow asset
The management of Future Unity Glanvills Pensions Limited (FUG) has moved to capture a proportional market share and deepen its business reach through a strategic market development initiative.
The initiative is targeted at growing its assets under management three folds.
The company’s Managing Director and Chief Executive, Mr. Usman Suleiman, said the restructuring, when completed, would catapult the company to be among the top players in the industry.
He said the initiative, designed to capture more depositors, including states, multinational companies and even local governments’ employees’ retirement savings accounts (RSA) and legacy funds, was also aimed at repositioning the company for higher profitability.
To achieve this feat, the company has commenced the restructuring of its operation to align with best global practices. The company which currently holds sway in key states’ accounts, said the ongoing restructuring of operation was geared towards improved market share, effective and efficient service delivery unparalleled within the industry.