Kayode Ogunwale

L-R: Frank Aigbogun, Co-founder Business Day, Onome Komolafe, Divisional Head, Business Service & Client Experience, CSCS Plc, Tobe Nnadozie, Divisional Head, Business Technology & Innovation, CSCS Plc, Edidiong Inwang, Media Relations Officer, CSCS Plc

 

Central Securities Clearing System (CSCS) Plc, Nigeria’s premier capital market infrastructure, has been honoured for its outstanding contributions to the financial services industry. CSCS received the prestigious Capital Market Infrastructure Developer of the Year award, at the 12th Business Day Banks and other Financial Institutions (BAFI) Awards, held on Friday, October 25, 2024, at the Lagos Continental Hotel.

The BAFI Awards serve as a benchmark of excellence within Nigeria’s financial services sector, recognizing organizations, teams, and individuals who demonstrate unparalleled commitment to delivering quality financial services across diverse client segments.

Haruna Jalo-Waziri, MD/CEO of CSCS Plc, noted that this award is a testimony of CSCS’s outstanding performance in the development of Nigeria’s capital market. “This award highlights our unwavering commitment to driving innovation and resilience in Nigeria’s capital market infrastructure. At CSCS, we believe in the power of collaboration and forward-thinking solutions to meet the evolving needs of our stakeholders and enhance the integrity of our market.”

Mr Jalo-Waziri added “Our journey toward excellence is guided by our visionary board, driven by a team of dedicated professionals, and supported by loyal customers and stakeholders. This award is for them, as their unwavering support makes our achievements possible.”

Onome Komolafe, Divisional Head, Business Services & Client Experience at CSCS who received the award on behalf of the company stated “CSCS’s role as a pillar in Nigeria’s financial ecosystem reflects our dedication to enhancing capital market services. This award fuels our determination to continuously elevate client experience and solidify our position as a trusted infrastructure provider.”

CSCS’s commitment to excellence has consistently earned it annual recognition at the Business Day BAFI Awards. Previously, it was named Digital Transformation and Cybersecurity Advocate of the Year in 2023, Depository and Custody Company of the Year for 2022 and 2021, Securities Services Company of the Year in 2022, and Continental Leader in Post-trade and Custody Services in 2019.

As CSCS looks toward the future, the company remains focused on leveraging advanced technology and strategic partnerships to reinforce its leadership in Nigeria’s capital market. Through innovation and unwavering dedication to operational excellence, CSCS is committed to setting new standards for capital market infrastructure and supporting the nation’s financial ecosystem.