Sigma Vaughn Sterling Pensions
  08th September 2008



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From The Beginning ...
Sigma Vaughn Sterling Pensions Ltd, (Sigma Pensions) was incorporated in August 2004, with the sole objective of undertaking the business of Pension Fund Administration in Nigeria according to the Pension Reform Act (PRA) and is regulated by the National Pension Commission (PenCom). The company has an authorized share capital of 1,000,000,000 ordinary shares of N1.00 each with 900,000,000 of the shares being fully issued and paid-up. It is important to note that this issued share capital is 600% of the amount required by the Act, this because the shareholders of Sigma have ensured that there is more than adequate capital available to meet the company`s needs. The shares of the company are held by two foremost stockbroking firms, namely Messrs Sigma Securities Ltd. and Heartbeat Investment Ltd. who have operated in the Nigerian capital and money markets for several years. Other investors include 21 distinguished Nigerian individual professionals among which are the following;

  • Rasaki Oladejo
  • Prof Iya Abubakar, FAS
  • Cletus Imaseun
  • Prof Jibril Aminu, FAS
  • Umaru Hamidu Modibbo
  • Adebayo Salami
  • John Adidi, FCA
  • Muhammad Lawal Buba
  • Adamu Mu`azu Modibbo

Following the approval-in-principle granted to the company on the 8th of July, 2005 by the PenCom and the fulfillment of all pre-licensing requirements, Sigma Pensions was granted full license to operate as a Pension Fund Administrator (PFA) on the 7th of December, 2005.

Technical Partnership...

Our Mission and Vision Statements/Core Values...

Board of Directors...

 
(c) Sigma Vaughn Sterling Pensions Limited 2007