Zedcrest Group, a leading financial services firm in Africa, continues to accelerate its growth and solidify its position as a provider of comprehensive, institutional-grade financial services.
Zedcrest’s evolving platform offers clients a broad range of services across its core business areas, including Asset Management, Investment Banking, Securities, and Financing.
These services are delivered through its subsidiaries: Zedcrest Securities (formerly RMB Nigeria Stockbrokers), Zedcrest Global Markets (formerly Zedcap Partners), Zedcrest Capital, Zedvance Finance, and Zedcrest Investment Managers (Zedcrest Wealth).
With more than a decade of delivering financial solutions, Zedcrest is entering a new phase of growth, driven by strategic acquisitions, expanded product offerings, enhanced regulatory capabilities, and the appointment of new leadership across its core businesses.
In 2024, Zedcrest successfully completed the acquisition of RMB Nigeria Stockbrokers. The firm, a member of Rand Merchant Bank, the Corporate and Investment Banking arm of FirstRand Group, 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.
As part of its next phase of growth, Zedcrest has strengthened its leadership across its core businesses. The company recently announced 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 (CIO) 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 & Portfolio Management at Zedcrest Wealth, where he designed and executed strategies that significantly grew the company’s Assets Under Management (AUM). These appointments reflect a deliberate effort to build a strong, forward-thinking leadership team capable of steering Zedcrest through its next phase of institutional expansion.
Zedcrest’s growing reputation and recognition as a market leader is built on its consistent track record of strong performance. Its Money Market Fund consistently ranks among the top-performing funds in its category, alongside solid returns across its equity funds and other investment offerings, reflecting a disciplined investment philosophy and robust risk management framework. Across its broader investment portfolio, the Group continues to deliver competitive returns, reinforcing client confidence and value creation.
The firm’s journey has equally been marked by a consistent focus on innovation and long-term value creation. 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 and investment businesses, Zedcrest’s consumer and business financing arm, Zedvance Finance, continues to play a key role in supporting economic growth. Zedvance 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.
L-R: Joseph Adegunwa, Executive Director, Finance & Strategy, Zedcrest Group and Adedayo Amzat, CFA, Group Managing Director, Zedcrest Group
Commenting on Zedcrest’s strengthened institutional positioning, the Group Managing Director, Zedcrest Group, Adedayo Amzat, CFA notes that “Zedcrest’s long-term strategic mission extends beyond Nigeria, as we aim to elevate capital flows across Africa. We envision a comprehensive financial services institution with robust offerings in asset management, banking, lending, securities markets, investment banking, insurance, and pensions. Our goal is to be the driving force that enables seamless capital movement within the economy, ensuring that we contribute significantly to the financial landscape as we achieve these objectives.”
As financial markets become increasingly complex and interconnected, the need for institutions that can provide integrated, efficient, and scalable financial solutions continues to grow. Zedcrest is playing a long-term game by reinforcing its institutional capabilities, leveraging data and research for informed decision-making, and enhancing its market presence, not only to drive its next phase of growth, but also to contribute to the continued development of Nigeria’s financial services industry.
About Zedcrest Group
Founded in 2013, Zedcrest Group offers its diverse clientele a broad range of financial solutions, which include Asset Management, Investment Banking, Securities, and Financing. These services are provided through its subsidiaries: Zedcrest Investment Managers (Zedcrest Wealth), Zedcrest Global Markets, Zedcrest Securities, Zedcrest Capital, and Zedvance Finance. For more information, visit www.zedcrest.com.
