WealthBridge Asset Management plans investment portfolio expansion

WealthBridge Asset Management Limited, a financial services company, has announced its plans to expand its investment portfolio and physical presence across Nigeria.

In a statement made available to our correspondent on Thursday, the company said the planned expansion was subject to the approval of the Securities and Exchange Commission.

Speaking at the opening of its Abuja office recently, the company’s Chief Executive Officer, Ahmed Lawal, emphasised the firm’s commitment to market opportunities and the importance of human resources in driving their ambitious growth.

“We are planning to expand to about five new locations this month, pending the approval of our regulator. As you know, an organisation like ours cannot achieve much without the right people in place. People are the most critical asset in driving growth.

“Our goal is to be among the top three asset management firms in Nigeria within the next three to five years. This means managing over a trillion naira in assets, which will solidify our position as a top player in the industry,” he stated.

A Director at the SEC, Abdukadri Abass, expressed the commission’s support for firms expanding beyond Lagos, stating, “This is the kind of initiative we encourage. It is great to see WealthBridge extending its reach across the nation. The SEC fully supports this kind of development.”

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