Investments are managed on behalf of non-resident clients especially Nigerians in diaspora and other clients who do not wish to invest in their known identity.
In a move that reflected the resolution of a long-standing legacy issue concerning FBN Registrars, the FBNH Board has taken decisive action to appoint a new custodian of its shareholder records. In response to unfolding developments concerning old and new stakeholders in FBN Holdings (FBNH), the Holdco's Directors, in a Board meeting held on Thursday, October 27, 2021, approved the appointment of Meristem Registrars as a replacement for First Registrars and Investor Services Limited. The appointment will take effect from December 1, 2021. The corporate decisions of FBNH's Board set the tone for a broader response to industry-wide corporate governance integrity and credibility.