L–R: Abass Akinsanya, Executive Director, Sales & Business Development, Zedcrest Wealth; Luke Ofojebe, Chief Investment Officer, Zedcrest Group; Simbiat Bada, Managing Director, Zedcrest Stockbroking; Adedayo Amzat, Group Managing Director, Zedcrest Group; Ademola Akogun, Managing Director, Zedcrest Investment Banking; Renah Osiemi, Managing Director, Zedcrest Wealth; and Joseph Adegunwa, Executive Director, Finance & Strategy, Zedcrest Group.
By Peace Udugba- The Daily Torch Media
Zedcrest Group, a leading financial services firm in Africa, is accelerating its growth strategy and reinforcing its position as a provider of comprehensive, institutional-grade financial services across key markets.
The Group’s expanding platform now delivers a wide range of services spanning asset management, investment banking, securities trading, and structured financing through its subsidiaries, including Zedcrest Securities (formerly RMB Nigeria Stockbrokers), Zedcrest Global Markets (formerly Zedcap Partners), Zedcrest Capital, Zedvance Finance, and Zedcrest Investment Managers (Zedcrest Wealth).
L-R: Joseph Adegunwa, Executive Director, Finance & Strategy, Zedcrest Group and Adedayo Amzat, CFA, Group Managing Director, Zedcrest Group
With over a decade of operations in Nigeria’s financial sector, Zedcrest is entering a new phase of expansion driven by strategic acquisitions, enhanced product offerings, stronger regulatory capacity, and leadership reshuffles across its core businesses.
In 2024, the Group completed the acquisition of RMB Nigeria Stockbrokers, a member of Rand Merchant Bank and 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 broadening its investment product suite.
To further deepen its institutional reach, Zedcrest also secured an Issuing House licence, enabling it to offer end-to-end investment banking services, including capital raising, structured finance, and financial advisory.
This milestone reinforces its position as a trusted partner to both institutional and retail investors.
As part of its growth strategy, the Group has announced key leadership appointments across its subsidiaries.
Simbiat Bada has been appointed Managing Director of Zedcrest Stockbroking, while Ademola Akogun takes over as Managing Director of Zedcrest Investment Banking, where he will drive expansion in corporate finance and advisory services.
In addition, Luke Ofojebe has been appointed Chief Investment Officer of Zedcrest Group. He previously served as Head of Research and Portfolio Management at Zedcrest Wealth, where he played a key role in driving asset growth and shaping investment strategies. In his new role, he will oversee Group-wide investment strategy and strengthen research-driven advisory services.
These appointments underscore Zedcrest’s commitment to building a strong leadership team to support its next phase of institutional expansion.
The Group’s investment performance continues to strengthen its market reputation. Its Money Market Fund remains among the top-performing in its category, while its equity and multi-asset funds continue to deliver strong, risk-adjusted returns supported by disciplined portfolio management and robust risk controls.
Zedcrest’s innovation drive also continues to gain momentum. In 2023, the Group marked its 10th anniversary with the theme “A Future Redefined” and launched the Zedcrest Wealth App, a digital investment platform aimed at expanding access to investment products and improving customer experience.
Beyond asset management and capital markets, Zedvance Finance remains a key driver of credit expansion in Nigeria’s economy. The company plans to disburse ₦250 billion in commercial funding in 2026, following strong performance in its Commercial Solutions segment, which has deployed over ₦96 billion since 2025. Its Liquidity Solutions product continues to bridge critical financing gaps for businesses.
Commenting on the Group’s institutional direction, Group Managing Director Adedayo Amzat said:
“Zedcrest’s long-term strategic mission extends beyond Nigeria. We aim to deepen capital flows across Africa by building a comprehensive financial services institution with strong capabilities in asset management, banking, lending, securities, investment banking, insurance, and pensions. Our goal is to enable seamless capital movement within the economy while contributing meaningfully to financial market development.”
As financial markets become increasingly complex and interconnected, Zedcrest says it remains focused on delivering integrated, scalable financial solutions powered by data, research, and innovation—positioning itself for sustained growth and deeper impact across Africa’s financial services ecosystem.
