Zedcrest Group, a financial services firm, continues to accelerate growth and solidify its position as a provider of comprehensive, institutional-grade financial services, driven by strategic acquisitions, expanded product offerings, enhanced regulatory capabilities, and new leadership appointments across its core businesses.
The company’s evolving platform offers clients a broad range of services across asset management, investment banking, securities, and financing, delivered through its subsidiaries including Zedcrest Securities, Zedcrest Global Markets, Zedcrest Capital, Zedvance Finance, and Zedcrest Investment Managers. With more than a decade of delivering financial solutions, the group is entering a new phase of growth.
Brandspur Banking News Desk reports that in 2024, Zedcrest successfully completed the acquisition of RMB Nigeria Stockbrokers, a member of Rand Merchant Bank, the corporate and investment banking arm of FirstRand Group. The firm has since been rebranded as Zedcrest Securities, strengthening the group’s stockbroking capabilities and expanding its portfolio of financial products and services.
In growing its institutional offering, Zedcrest also acquired its Issuing House license, enabling it to deliver end-to-end investment banking solutions including capital raising, structured finance, and advisory services. This further cements its position as a capable and dependable financial partner to individuals and institutions across Nigeria.
As part of its next phase of growth, Zedcrest has strengthened its leadership across core businesses, recently announcing the appointment of Simbiat Bada as managing director of its stockbroking business in line with its strategic focus on deepening market capabilities. Similarly, Ademola Akogun has been appointed managing director of its investment banking business where he will drive the expansion of the group’s corporate finance and advisory capabilities.
To further reinforce its investment management capabilities, Zedcrest appointed Luke Ofojebe, CFA, as chief investment officer in line with its commitment to delivering expert, research-driven investment advisory services. Ofojebe steps into the role following a successful tenure as head of research and portfolio management at Zedcrest Wealth, where he designed and executed strategies that significantly grew the company’s assets under management.
Zedcrest’s growing reputation as a market leader is built on its consistent track record of strong performance, with its money market fund consistently ranking among the top-performing funds in its category alongside solid returns across its equity funds and other investment offerings. Across its broader investment portfolio, the group continues to deliver competitive returns, reinforcing client confidence and value creation through a disciplined investment philosophy and robust risk management framework.
In 2023, Zedcrest celebrated its 10th anniversary themed “A Future Redefined” and officially launched the Zedcrest Wealth app, a digital investment platform that provides easy access to a range of innovative investment solutions. This milestone underscored Zedcrest’s ambition to redefine the delivery of financial services in Africa over the next decade.
Beyond its investment businesses, Zedcrest’s consumer and business financing arm, Zedvance Finance, continues to play a key role in supporting economic growth, with plans to disburse ₦250 billion in commercial funding in 2026 alone following strong performance from its commercial solutions business which has already deployed over ₦96 billion since 2025. Central to this strategy is its flagship product, Liquidity Solutions, designed to address the credit gap facing local enterprises.
Adedayo Amzat, group managing director of Zedcrest Group, commented that the company’s long-term strategic mission extends beyond Nigeria as it aims to elevate capital flows across Africa. Amzat stated that Zedcrest envisions a comprehensive financial services institution with robust offerings in asset management, banking, lending, securities markets, investment banking, insurance, and pensions, with the goal of being the driving force that enables seamless capital movement within the economy.
