By Adedapo Adesanya
VFD Group Plc, an investment firm headquartered in Lagos, has been named the 2021 Most Innovative Investment Company in Nigeria by the International Finance Magazine (IFM).
IFM is a premium business and finance magazine published in the United Kingdom. It announced the Nigerian firm as winner of the award category at the recently concluded 2021 International Finance Award held in Dubai.
VFD Group was chosen as the winner over other nominees, including Investment One, Asset & Resource Management Holding Company, and CardinalStone Partners Limited.
According to IFM, the award recognises the Group’s industry talent, leadership skills, industry net worth, and capability on an international scale, as well as the Group’s previous accomplishments.
With this award, VFD Group joins the list of previous award winners from Nigeria, which includes Zenith Bank, FBN Insurance, Stanbic IBTC, GT Bank, and many other leading companies and players in the country’s financial sector.
Speaking on the award, Mr Nonso Okpala, Group Managing Director/CEO of VFD Group Plc, said, “This recognition by IFM is proof of our investment philosophy, which ensures the group drives global prosperity by investing in businesses with potential, assisting those businesses to maximize their potentials, and providing much-needed guidance to enable them to remain sustainable and show their services to the world.”
VFD Group has been making strides with the company in February acquiring a 5 per cent stake in the Nigerian Exchange (NGX) Group Plc to deepen its reach and expand its growth capacity in the Nigerian capital market space.
Founded in 2009, VFD Group’s business model allows it to operate in major sectors of the economy through its portfolio businesses, providing financial advisory, asset management, real estate, technology, debt and private funds management services, hospitality, insurance brokerage, and media, identifying solution-driven, consumer-centric businesses with growth and economic potential.
It also goes a step further by providing investee companies with the required resources and guidance needed to maximise potential.
