GTBank acquires Asset Management, Pension Fund businesses

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GTCO completes acquisition of Asset Management and Pension Fund Businesses

Dear Customer,

We announced some exciting news today. We have completed the acquisition of Investment One Pension Managers Limited (IOPM) and Investment One Funds Management Limited (IOFM). Having met all regulatory requirements, both companies are now fully owned subsidiaries of Guaranty Trust Company Plc (“GTCO Plc,” or “the Group”).

This signals an important milestone in the corporate reorganization that we announced in July 2021. We have now evolved from a pure-play banking franchise to actualizing our vision of creating an ecosystem of financial services that will enable us to offer you greater and more rewarding experiences. With over 26 million customers and a growing presence in Nigeria, West Africa, East Africa, and the United Kingdom, the Group is well-positioned to expand its reach to serve more markets and deliver on its promise of championing Africa’s growth.

Going forward, our products and services will include innovative Pension Fund and Wealth Management solutions alongside the existing Banking products and services. What this means for you is that we can now offer the full range of your financial needs – from banking services to wealth management and pension solutions in one seamless experience.

For more information on the acquisition, please visit

Thank you for your loyalty and trust.


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