Zedcrest Group, a premier financial services institution, officially announced on Monday a sweeping reinforcement of its executive leadership team to accelerate institutional expansion and solidify its market positioning across the continent.
This strategic move follows a period of aggressive growth for the firm, including the successful 2024 acquisition of RMB Nigeria Stockbrokers and the recent securing of an Issuing House licence to bolster its investment banking solutions.
According to a statement, the Group has appointed Simbiat Bada as the Managing Director of its stockbroking subsidiary, Zedcrest Securities, alongside Ademola Akogun, who takes the helm as Managing Director of Investment Banking. Further strengthening its technical core, the firm elevated Luke Ofojebe to the role of Chief Investment Officer.
Ofojebe, who previously managed research and portfolio strategies at Zedcrest Wealth, is tasked with driving the Group’s commitment to research-heavy, expert-led investment advisory as it scales its Assets Under Management.
Commenting on the new direction of the firm, the Group Managing Director of Zedcrest Group, Adedayo Amzat, noted that the appointments are central to a much larger vision for the African continent.
“Zedcrest’s long-term strategic mission extends beyond Nigeria, as we aim to elevate capital flows across Africa,” Amzat stated.
He further emphasised the Group’s intent to build a borderless financial powerhouse, adding, “We envision a comprehensive financial services institution with robust offerings in asset management, banking, lending, securities markets, investment banking, insurance, and pensions.”
The institutional pivot is already showing significant scale in the Group’s lending sector through Zedvance Finance. Following a robust performance in its commercial solutions business, which has deployed over N96bn since 2025, the firm has set its sights on a massive liquidity surge for the real economy.
“Zedvance plans to disburse N250bn in commercial funding in 2026 alone,” the Group confirmed, noting that its flagship Liquidity Solutions product is specifically engineered to close the credit gap currently hindering local enterprises.
As the financial landscape becomes increasingly complex, Zedcrest appears to be positioning itself as a primary intermediary for both private and institutional wealth.
Amzat concluded the announcement by highlighting the firm’s role in the broader economy, stating, “Our goal is to be the driving force that enables seamless capital movement within the economy, ensuring that we contribute significantly to the financial landscape as we achieve these objectives.”
This latest leadership phase underscores Zedcrest’s transition from a local player to a sophisticated, integrated financial engine prepared for the next decade of African economic evolution.
