Prime News Ghana

HFC Adjudged best bank for custody

By Sam Edem
HFC Bank Ghana Boss
HFC Bank Ghana Boss
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HFC Bank Ghana - a subsidiary of Republic Financial Holdings Limited, has been adjudged the country’s Best Pension Custodian Bank.

The recognition was done at the 2017 edition of the Ghana Accountancy & Finance Awards (GAFA).

The award is said to be in recognition of HFC Bank Ghana’s immense contributions in the Custody Services particularly, Trade Settlements, investments collections, cash collection services, detailed valuation reporting as well as its twenty-four hours turnaround time of customer complaints and enquiries.

In an encounter with the media - Acting Managing Director of HFC Bank Ghana, Anthony Jordan expressed the company’s gratitude to the GAFA 2017 committee in their decision and noted that the bank recognizes the delicate nature of the pensions business and has as such, invested heavily in cutting-edge IT infrastructures to enhance its Custody operations.

The HFC Bank boss also narrowed the recognition to the outstanding efforts of the Banks’s Custody Services Unit led by Elias Augustine Dey.

He stated that, “since the setup of the Custody Services Unit five years ago, the team has worked very hard to significantly grow their assets base to become a leading investment and pension custodian in Ghana serving Blue-Chip companies in the country’’.

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