CardinalStone Group has won two major awards at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, further solidifying its reputation as one of Nigeria’s most innovative and trusted financial services groups.
At the event, held in Lagos, CardinalStone Trustees Limited emerged as the winner in the category of ‘Best in Private Wealth and Trust Services’, while CardinalStone Registrars Limited was honoured as the ‘Shareowner Services and Solutions Company of the Year’.
According to the group, the dual awards reaffirmed its commitment to excellence, innovation, and trusted partnerships across its service lines. The recognitions also highlight the company’s continuous effort to deliver value-driven solutions that address the evolving needs of individuals and corporate clients in Nigeria’s financial market.
Speaking on the recognition, Managing Director of CardinalStone Trustees Limited, Ereifemi Akeredolu, expressed appreciation to clients and partners for their trust and support, describing the award as a motivation to continue raising service standards.
“This award is a reflection of our clients’ trust and the hard work of our exceptional team,” Akeredolu said. “At CardinalStone Trustees, we are passionate about creating secure and innovative wealth management solutions that safeguard our clients’ legacies for generations. This recognition strengthens our resolve to keep delivering with integrity and excellence.”
CardinalStone Trustees Limited, a subsidiary of CardinalStone Group, provides a wide range of trust and estate management services, including corporate trusts, private wealth management, and public sector fiduciary arrangements. The firm is known for its customer-focused approach and ability to design bespoke solutions that meet both personal and institutional financial goals.
Similarly, Chief Business Strategist of CardinalStone Registrars Limited, Chinonso Okurume, said the company’s recognition as Shareowner Services and Solutions Company of the Year reflects its ongoing investment in technology, operational efficiency, and customer experience.
“We are honoured to receive this prestigious award, which validates our continuous investment in technology, people, and client experience,” Okurume said. “Our goal has always been to redefine share registration and investor services in Nigeria by offering seamless, transparent, and tech-driven solutions, and this recognition inspires us to keep pushing boundaries.”
CardinalStone Registrars Limited has over the years built a reputation for reliability in shareholder management, electronic dividend processing, and corporate action administration. Its use of technology has improved efficiency in shareholder engagement and provided clients with real-time access to information and transactions.
The BusinessDay BAFI Awards is one of Nigeria’s most respected recognitions for excellence in the financial services industry. It celebrates outstanding performance, innovation, and leadership among banks, insurance firms, investment companies, and other financial institutions.
According to the organisers, this year’s edition spotlighted institutions that demonstrated resilience, digital innovation, and exceptional client impact in a year marked by economic reform and regulatory changes.
CardinalStone Group’s success at the awards reflects its strategic growth in Nigeria’s dynamic financial landscape. Established in 2008, the group has evolved into a diversified financial services company offering investment banking, asset management, securities trading, trusteeship, and registrar services.
Over the years, the group has earned recognition for its professionalism, ethical practices, and customer-centric culture. Industry analysts note that its subsidiaries continue to play a critical role in deepening Nigeria’s capital market and enhancing investor confidence through efficient service delivery and regulatory compliance.
By securing two key awards in one night, CardinalStone Group reinforces its status as a major player shaping the future of financial services in Nigeria. The recognition also mirrors the broader transformation across Nigeria’s finance and investment ecosystem, where institutions are increasingly leveraging technology and innovation to improve efficiency and client satisfaction.
As the financial services industry continues to evolve, the group said it remains committed to driving excellence, expanding access to financial solutions, and empowering clients to achieve long-term financial security.
