Asset and Resources Management Limited grew funds under its management from N10m in 1994 to N500bn in 2014, the company has said.
According to it, the growth has enabled it to become one of the the biggest indigenous investment company in Nigeria with investments in key sectors of the economy.
The Chief Executive Officer, ARM Group, Deji Alli, spoke at the firm’s 20th anniversary celebration in Lagos.
He said, “In almost two decades of existence, we have recorded numerous successes, and in the process become a diversified and integrated asset management firm with scalable business operations in defined niche areas.
“We have built a platform for meeting the needs of our diversified clients, fulfilling our mission of continuously seeking wealth creation opportunities for those who entrust us with the management of their assets.”
This article originally appeared in Punch
That’s an annualized growth of 2500%. Impressive even if most of the growth was achieved in recent times following the advent of pension reforms