CSCS Bags Capital Market Infrastructure Developer Title At BAFI 2024 Awards

The Central Securities Clearing System (CSCS) Plc, Nigeria’s leading capital market infrastructure provider, has been awarded the prestigious Capital Market Infrastructure Developer of the Year at the 12th Business Day Banks and other Financial Institutions (BAFI) Awards.

The event, which took place recently in Lagos, celebrated the excellence and achievements within Nigeria’s financial services sector.

The BAFI Awards are a benchmark of distinction, recognising institutions, teams, and individuals who exhibit a high level of commitment to delivering superior financial services across various client segments.

Mr. Haruna Jalo-Waziri, Managing Director (MD)\ Chief Executive Officer (CEO) of CSCS Plc, emphasised the significance of the award as a testament to the company’s crucial role in developing Nigeria’s capital market.

He stated: “This award highlights our unwavering commitment to driving innovation and resilience in Nigeria’s capital market infrastructure. At CSCS, we believe in the power of collaboration and forward-thinking solutions to meet the evolving needs of our stakeholders and enhance the integrity of our market.”

Mr. Jalo-Waziri further expressed gratitude to the company’s visionary board, dedicated team, and loyal stakeholders, attributing the company’s achievements to their continuous support.

“Our journey toward excellence is guided by our visionary board, driven by a team of dedicated professionals, and supported by loyal customers and stakeholders. This award is for them, as their unwavering support makes our achievements possible,” he stated.

Receiving the award on behalf of CSCS, Mrs. Onome Komolafe, Divisional Head of Business Services & Client Experience, reinforced the company’s dedication to client satisfaction and market development.

“CSCS’s role as a pillar in Nigeria’s financial ecosystem reflects our dedication to enhancing capital market services. This award fuels our determination to continuously elevate client experience and solidify our position as a trusted infrastructure provider,” Mrs. Komolafe remarked.

The CSCS has a history of accolades at the BAFI Awards, being named Digital Transformation and Cybersecurity Advocate of the Year in 2023, Depository and Custody Company of the Year in both 2022 and 2021, Securities Services Company of the Year in 2022, and Continental Leader in Post-trade and Custody Services in 2019.

Looking ahead, CSCS is focused on leveraging advanced technology and forging strategic partnerships to maintain its leadership in Nigeria’s capital market. Through a steadfast commitment to innovation and operational excellence, CSCS aims to set new benchmarks for infrastructure development and continue supporting the nation’s financial ecosystem.