The Central Bank of Nigeria (CBN) has officially approved Greenwich Trust Limited’s transformation into a holding company structure, now operating under the name Greenwich Holdings Limited. This approval marks a strategic milestone, enabling the group to expand its operations across different financial services sectors under a unified corporate umbrella.
According to a statement from the company, the restructuring aligns with regulatory guidelines and positions Greenwich Holdings to optimize its investments, strengthen governance, and drive financial innovation. The move allows subsidiaries under the group to function independently while benefiting from consolidated leadership and strategic synergy.
Greenwich Holdings will oversee operations in investment banking, asset management, securities trading, and other financial services, creating a more resilient and diversified business model. The firm stated that this shift supports its long-term vision to deepen market penetration, enhance operational efficiency, and better serve corporate and institutional clients.
The approval reflects the CBN’s commitment to supporting financial institutions in adopting global best practices. Market analysts note that holding company structures offer improved risk management, enhanced transparency, and better access to capital. Greenwich’s transition follows a trend among Nigerian financial institutions seeking structural flexibility and growth.
Stakeholders in the finance sector have welcomed the move, describing it as a timely response to the evolving dynamics in Nigeria’s financial ecosystem.
Read more: Punch News
