The Nigerian Custody operation has recently concluded a significant restructuring exercise.
Custody staff in Nigeria has been more than doubled in the past 3 months, to reflect the current and the projected growth of the custody business in Nigeria.
“The capacity increases and restructure will ensure that existing clients experience enhanced service delivery and that future business growth is addressed,” says a Standard Bank spokesman. “Theses changes will enable Stanbic custody to better address existing client needs and anticipated future business growth.”
Further, the custody unit has been restructured into 3 distinct areas of Settlements, corporate actions & reconciliations and client services & relationship management.