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Afrinvest Rebrands To Serve Domestic, Global Markets

by Olushola Bello
3 years ago
in Business, News
Reading Time: 2 mins read
Afrinvest
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Afrinvest West Africa Plc is set to rebrand to serve domestic and global market as part of activities marking its 27 years of operation.

The company made this known to the media yesterday in Lagos, as it prepares to unveil its new identity. The rebranding exercise will align with its global appeal and determination to serve wider markets in its new phase of operation.

The investment and research company will also unveil Optimus by Afrinvest and the 2022 Banking Sector Report.

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Speaking at a pre-launch press conference in Lagos, the group managing director, Afrinvest West Africa Plc, Ike Chioke, said, since the publication of Afrinvest 2021 Nigerian Banking Sector report, ‘Resilience Amidst Endemic and Pandemic Constraints’, the bullish projections for the global economy in 2022 had been undermined by deteriorating fundamentals.

According to him, the increasingly gloomy projections have been the upshot of mounting downside risks, further inhibiting a world economy yet to fully shrug off the impact of the Coronavirus Disease.

Chioke described Optimus by Afrinvest as a financial technology solution that helps customers do the most by harmonising banking, wealth management and brokerage needs into one simple platform.

Optimus, he said, is changing the way people interact with money to achieve financial freedom. Chioke added that, “our risk management policy ensures that we prioritise asset class diversification and execute clients’ transactions in line with global best practices. We have built specifically for you a personalised digital wealth management neobank platform that provides bespoke and innovative financial services to help you reach the peak in your finances.”

The Afrinvest GMD listed some of the products to be offered as OptiFlex(naira/dollar), a high-yield investment account that allows one to save periodically to reach a certain target; OptiLock (naira/dollar), which allows one to set aside a lump sum of money for a fixed period (three months to two years) for an attractive interest.

He said the funds saved on Optimus were invested through Afrinvest Asset Management Limited, an independent investment manager in Nigeria, saying,  “the AAML, licensed by the Securities and Exchange Commission (SEC) as a portfolio manager, has over 20 years’ experience.”

On the rebranding, Chioke, said it was discovered that the company’s current logo did not align with its new direction; hence, the need for rebranding, adding that “the new identity will be unveiled to support Optimus, and signal that we are now moving into the digital age, and digital investment bank that can do essentially what other banks can do. It is all about using technology to provide seamless services to customers.”

Also, the managing director/chief business officer, Optimus by Afrinvest, Ayodeji Ebo described Optimus by Afrinvest as a one-stop shop for different products, adding that all the products of the subsidiaries would come under Optimus by Afrinvest where they could also be accessed.

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