The Guaranty Trust Holding Company Limited (GTCO) has taken the acquisition of Investment One Pension Managers Limited.
This was following the approval granted by the National Pension Commission (PenCom) to that effect.
The PenCom, on Wednesday, announced this on its official Twitter page, adding that it has also approved the subsequent change of name from Investment One Pension Managers Limited to Guaranty Trust Pension Managers Limited.
In 2021, FCMB Group had acquired a 60 percent stake in AIICO Pensions Managers.
Meanwhile, the commission said it approved the merger between Tangerine Pensions Limited and APT Pension Funds Managers Limited and subsequent change of name of the merged entity to Tangerine APT Pensions Limited.
