With a cumulative net asset value of over N5.9 trillion, Nigeria’s asset management industry is a critical pillar of the country’s financial services ecosystem.
Asset management companies (AMCs) not only facilitate wealth creation for individuals, corporates, and institutions, but also serve as key channels for capital allocation across the economy fueling infrastructure, innovation, and industrial growth.
These firms typically structure their portfolios across money market funds, equity funds, fixed-income funds, and balanced/mixed funds, offering a diverse range of investment vehicles for varying investor needs and risk appetites.
Money market funds provide safety and liquidity; equity funds offer high-risk, high-reward growth; fixed-income funds deliver stability and predictable returns; and balanced funds combine both approaches.
In this feature, the Net Asset Value (NAV) of all collective investment schemes (CIS) as of 20th June 2025 has been used as a proxy to highlight the scale and performance of Nigeria’s leading asset managers and the strategic executives behind them.
- NAV: N105.9 billion
Kennedy Ichibor, CFA, is the Managing Director and Chief Executive Officer of Quantum Zenith Capital & Investments Limited, one of Nigeria’s leading investment banking and asset management firms. A Chartered Accountant and alumnus of the University of Benin, Ichibor brings over two decades of experience in corporate and investment banking, with a strong track record within the Zenith Bank Group.
Throughout his career, he has structured and executed major debt facilities for multinational corporations across key sectors such as Fast-Moving Consumer Goods (FMCG), agriculture, steel, and commodities. Under his leadership at Quantum Zenith, Ichibor has played a pivotal role in several high-profile debt and equity capital market transactions, especially in power, financial services, and subnational financing.
Quantum Zenith Capital is distinguished for its strong capitalization, robust market turnover, and expertise in executing “big-ticket” deals. The firm is committed to global best practices, leveraging cutting-edge technology, access to diverse markets, and a team of seasoned professionals to deliver exceptional financial solutions.
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