L-R: Yetunde Adenaiya, Head, Human Resources, Central Securities Clearing System (CSCS) Plc; Johnson Onowugbeda, Corporate Communications, CSCS Plc; Onome Komolafe, Divisional Head, Shared Services, CSCS Plc; Magnus Nnoka, President, Risk Management Association of Nigeria (RIMAN) & Chief Risk Officer, Coronation Merchant Bank; and Ogor Okiti, Managing Director, BusinessDay Media Limited during the presentation of Securities Services Company of the Year Award to CSCS Plc at the 8th Annual Banks’ & Other Financial Institutions Awards 2020 on Saturday
Central Securities Clearing System (CSCS) Plc, Nigeria’s capital market infrastructure, was decorated with the Securities Services Company of the Year award at the eight edition of the reputed Banks’ and Other Financial Institutions (BAFI) Awards 2020.
The Judges’ decision, a product of a rigorous and diligent process, was announced at the event held in Lagos over the weekend, where the Divisional Head, Shared Services, Onome Komolafe, received the award on behalf of the company.
The BAFI Awards are adjudged the most rigorous, prestigious and transparent awards programme in the Nigerian financial services industry. BusinessDay, the organizer, implements an audit-based approach in the evaluation process, meticulously reviewing each shortlisted company’s financial and non-financial achievements, commissioned customer perception surveys and analyst opinion, amongst other valuable information sources, which supports objective assessment of all shortlisted award nominees in a longitudinal study.
Speaking on the award, Onome Komolafe, who represented the Managing Director/Chief Executive Officer, CSCS Plc, Haruna Jalo-Waziri, at the event said, “this award strengthens the self-motivation to sustainably enhance our delivery of excellent services to all market participants. We are driven by the kaizen philosophy of always doing better, as we continue to seek innovative ways of creating and delivering value for all market participants and ultimately the growing investors in the Nigerian capital market.”
Commenting further on the award, Komolafe noted “the Management of CSCS is humbled by the recognition that this award reflects and would like to thank the organizers, judges and more importantly the capital market participants, who have consistently and objectively distinguished us. As we dedicate this award to our loyal participants and all investors in the Nigerian capital market, we reckon this award is a clarion call to continue to do better, as today’s best can always be better tomorrow.”
“As your preferred market infrastructure, we are committed to investing in the right technologies and best talent, as we seek to sustainably create mutual value for all stakeholders whilst deepening the Nigerian capital market for inclusive economic growth”, she added.
The BAFI Awards are created to celebrate organizations, teams and individuals that have achieved excellence in the delivery of financial services across the entire the customer spectrum.
CSCS was adjudged the Continental Leader in Post-trade and Custody Services Award 2019 at the 7th edition of BAFI Awards.