FUG Pensions Limited, winner of the 2014 Pension Fund Administrator of the year award, has dedicated the award to its clients and staff for helping the firm make giant strides and standing tall in the pension industry.
Its Managing Director/Chief Executive Officer Usman Suleiman, said this at the presentation of the award to the the management of the firm in Lagos. He noted that the award was dedicated to the parties for their trust and contributions which have helped the firm record giant strides since it commenced operations.
"What the award presenters saw in us have also been seen by other parties home and abroad. We give the glory to God, but we dedicated the award to our clients who have supported us. Though, we are not among the early starters, but when we started, those who signed with us have the trust and loyalty and have stayed and weather the storm with us. They are the people getting this award.
"In addition, our employees who have been with us and who have also weather the storm with us and getting us to this stage. They are the people that have really won this award.
"This award is dedicated to the glory of God and these stakeholders that I have mentioned. I want to assure all those who have interest in this industry that FUG Pensions is not going to disappoint them. We are just starting, in fact, what you have seen is the beginning, we are assuring the public that this award will spur us and make us go farther than what we have anticipated."
Chief Executive Officer Inspenonline Media, Chuks Udo Okonta, said the firm was picked from the votes casted by the public and other considerations made by the award's panel of assessors.
He noted amongst the strides recorded by the firm in the year was its relocation to it own befitting edifice located at the central part of Lagos, adding that the within it short period of operations had helped deepen awareness on pension through various channels.
Okonta urged the firm to reciprocate the public confidence reposed on it by conquering new grounds and ensure that it sustain the feats that made the public to vote massively for it.
Okonta noted that the award, which started two years ago with the recognition of two distinguished individuals and an underwriting company, has now come to stay.
"This year, we decided to raise the bar by setting high standards to judge the operations of companies and impacts made by individuals in moving insurance and pension business forward.
"To achieve this, we gave the public the opportunity to select those to be celebrated by calling for votes. Having harmonised the votes which came from different parts of the country, we benchmarked the scores with the set standard to arrive at the winners we are celebrating today," he said.
Others winners are AIICO Insurance Plc, Insurance company of the year; FUG Pensions Limited, Pension Fund Administrator of the Year; YOA Insurance Brokers Limited and Glanvill Enthoven Insurance Brokers Limited, Insurance Broker of the year.
Professional Excellence Award went to Professor Joe Irukwu; Best Professional Group went to the Chartered Insurance Institute of Nigeria and Association of Registered Insurance Agents of Nigeria; Corporate Brand went to Mansard Insurance Plc and Leadway Assurance Limited while Corporate Social Responsibility Award was won by Sovereign Trust Insurance Plc.
The organisers also recognised organisations that distinguished themselves, with Excellence Award. organisations in this category include the National Pension Commission, Lagos State Pension Commission, Goldlink Insurance Plc and Pension Transition Administration Directorate
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