MISSION



    To earn the respect of all capital market operators by providing accurate, on time share registration service using modern technology supported by expertise, innovation and excellent customer service.



    OUR BRAND NAME


    ZRL is quite conscious of the Zenith Brand, hence conscious efforts are being made to market ‘Premium Brand’ clients and determined to project client’s image more positively. Our fee structure is very competitive and accommodating (not to create a hole in client’s pockets). ZRL with share capital base of N70 million which has grown to N700 million, when it took over the management of the largest shareholders’ register – Zenith Bank Plc - from the previous registrars.


    The company within her five(5) years of operations has indeed redefined the Nigerian Registrars business market by:

    • Achieving and maintaining 24 hours verification which has greatly improved the liquidity of the stocks of all its clients on the trading floor of the Nigerian Stock Exchange.
    • Rendering first class customer service delivery as well as prompt and efficient response to shareholders’ enquiries.
    • Automation of share registration business covering re-issurance of share certificate, e-bonus, e-lodgement, e-dividend, etc.


    Veritas Registrars Limited, through the parent company, has technical partnership arrangement with Computer Share Inc. of South Africa.

     

    (i) Service Delivery

    Our passion is to render a courteous and efficient response to shareholders’ enquiries and to also give prompt response to correspondences/e-mails. We also render a Twenty four (24) hours verification of shares leading to e-lodgment of such shares on the floors of the Stock Exchange. ZRL also ensures the prompt processing of CSCS diskette updates leading to the production of an up to date report on the shareholders register and strict confidentiality is maintained in the handling of shareholders records in our care. VRL leverages on the large branch network of Zenith Bank and VRL zonal offices(Abuja and Port Harcourt) for effective reach to our various shareholders.

    (ii) Information Technology

    Conscious of the importance of a good IT backbone to the Registrar business, Veritas Registrars from commencement of operations, invested heavily in Information Technology and the best Server configurations and Registrars software capable of accommodating daily processing of large share register base.

    Veritas Registrars Limited recently acquired two(2) Verity Teleform Industrial Scan Station with the following capabilities.

    • Superior Recognition and Throughput using best OCR technology.
    • Process Design & Automation
    • Business Activity Monitoring (BAM)
    • BPEL Process Definition
    • Form/Document-Driven Process Automation
    • Detailed and Error-free database on IPO/public issues
    • Paper-to-Electronic Capture
    • Web Capture
    • E-Forms

    VRL also employs the use of our parent company’s existing technology and Wide Area Network to reach shareholders outside Lagos.

    (iii) Proactive Business Development

    Veritas Registrars is determined to remain very “compact and light”, servicing “identified premium brands”. We also intend to employ sound business practices and complement the activities of our client to achieve a good corporate image with the investing public.

    We are structured to respond to changes in the industry and to also meet regulatory requirements particularly concerning the minimum capital base for operators.

    We constantly review the pricing of our products to meet client’s demand without compromising efficiency and excellent service delivery. We have been working assiduously to endear ourselves to shareholders, stake-holders and regulatory authorities and very shortly will be organizing zonal shareholders forum, etc). Our strength lies in our resolve to empower staff through constant training and exposure to modern operational techniques on areas such as e-public offer or right issues, e-bonus, e-dividend payment,e-lodgement etc.

    GODWIN EMEFIELE, Director

    Godwin Emefiele became the Group ’s Managing Director / CEO in August 2010. Prior to this appointment, he was the Bank’s Deputy Managing Director for nine (9) years and has been on Veritas’s Management team since inception. Mr. Emefiele has eighteen year’s banking experience, and holds a Bsc. and an MBA in Finance, both from the University of Nigeria, Nsukka. Before commencing his banking career. He has lectured Finance and Insurance at the University of Nigeria Nsukka, and University of Port Harcourt, respectively. He is also an alumnus of Executive Education at Stanford University, Harvard University and Wharton Graduate Schools of Business.

     

    APOLLOS IKPOBE

    Apollos Ikpobe He is an Executive Director in the Bank. He holds a Higher National Diploma (HND) in Accounting from the Yaba College of Technology and graduated with a Distinction in 1987. He also has a Masters in Banking and Finance from the University of Lagos. He is a Fellow of the Institute of Chartered Accountants of Nigeria. He joined the service of the Bank in February 1992. He has over 17 years of Postgraduate experience out of which he spent 5 years in reputable Audit firms and about 12 years in the banking industry.

     

    PETER AMANGBO

    Peter Amangbo is an Executive Director in the Bank. He graduated with a B.Eng. in Electrical/Electronics from University of Benin in 1988 and holds an MBA. He worked in PricewaterHouseCoopers, before moving over to Zenith Bank Plc in 1993. He has over 16years postgraduate experience out of which he spent 12years in the banking industry and 4years experience in PricewaterHouseCoopers.

     

    UDOM EMMANUEL

    Udom Emmanuel is an Executive director and Group Head of Income Optimisation, Financial Control & Strategic Planning Department. He holds a Bachelors degree in Accounting from the University of Lagos in 1988. He brings into the Management team many years of quality experience from PricewaterHouseCoopers and Diamond Bank Limited before moving over to Zenith Bank Plc in 1996. He has over 16 years post graduate experience out of which he has 10 years of banking industry experience in addition to 6 years experience in PricewaterHouseCoopers.

     

    ADAORA UMEOJI

    Adaora Umeoji holds a Bachelors degree in Sociology from the University of Jos and a Masters in Business Administration (MBA) from the University of Calabar. She is a member of the Nigerian Institute of Management and also a member of the Institute of Certified Public Accountants of Nigeria (ICPAN). She has extensive experience, which span over several years of covering various department of the bank ranging from Customer Service, Treasury and Credit & Marketing. She has won numerous awards for service excellence and business development in the bank. She has attended a number of offshore courses including an Executive Education programme on Strategic Thinking and Management for Competitive Advantage at Wharton Business School, Pennsylvania, USA in 2002. She also attended the Harvard Business School Executive Education (OPM) in 2004. She is the Regional/Group Director of the bank heading the Abuja Zone, which has the responsibility of managing the large corporates, high net worth individuals and Private and Public Sector relationship, in the Federal Capital Territory.

    MANAGEMENT


    David Bayo Ajiboye

    Registrar & Chief Operating Officer

    Bayo (LLB, ACMR) has over 25 years banking and capital market experience. A lawyer by profession; He graduated from the University of Lagos and is also an MPA holder in Administration specializing in Human Resources and Finance. An Associate of the Institute of Capital Market Registrars. He is the head of the management team and responsible for implementation of policies and guidelines as set by the Board of Directors. He has attended various management programs both within and outside the country.


    Simeon Meruwoma

    Deputy Registrar & Head Of Operations

    Simeon has over 15 years work experience in Financial Services particularly capital market operations. He holds an MBA & M.Sc (Finance) and also an Associate of the Institute of Capital Market Registrars. He had worked with First Registrars Nig Ltd before joining Veritas Registrars Limited in 2005.


    Abiodun Igben

    Assistant Registrar

    Abiodun coordinates the Dividend, Share Certificate and Customer Service Departments. A graduate of Olabisi Onabanjo University, Ago Iwoye, Ogun State, with B.Sc in Economics. Abiodun had her MBA (Banking & Finance) from Federal University of Technology Akure. An Associate of the Institute of Capital Market Registrars with over 14 years work experience. She worked with UBA Registrars Limited (now Africa Prudential Registrars Plc) from 1999-2006 and joined Veritas Registrars Limited in 2006.


    Olomo Chinwe Joy

    Divisional Head, Verification and Reconciliation Department

    Chinwe has over 13 years work experience in share registration. A product of the Institute of Management and Technology, Enugu, where she bagged her HND in Banking & Finance. She holds an MMP in Managerial Psychology from University of Ibadan. An Associate of the Institute of Capital Market Registrars. Chinwe worked with United Securities Limited between 2000 & 2005 from where she joined Veritas Registrars Limited in 2005.


    Ekene Anthony Nwaokolo

    Head, Financial Control Department

    Tony is a member of the Institute of Chartered Accountants of Nigeria with more than 12 years banking experience. He worked with the Internal Control and Audit Department of Zenith Bank Plc for more than 8 years before becoming the Financial Controller of Veritas Registrars in 2010.


    Vera Ikukus

    Head, Verification Department

    Vera is a Graduate of the University of Benin where she graduated with a B.Sc in Geography & Regional Planning. An Associate of the Institute of Capital Market Registrars. She holds an MMP in Managerial Psychology from the University of Ibadan and has over 12 years industrial experience.


    Abayomi A. Ajenifuja

    Head, Internal Control & Audit Department

    Abayomi is an Associate member of the Institute of Chartered Accountants of Nigeria. Yomi holds a B.Sc in Economics from the Olabisi Onabanjo University and an M.Sc (Finance) from the University of Leicester, UK. An Associate Member of Chartered Institute of Taxation of Nigeria. He previously worked with LF & CO (Chartered Accountants) as an Associate (Audit & Tax) between 2005-2006 and moved to Intercontinental Securities Limited between 2006 & 2007 before joining Veritas Registrars Limited. Yomi was between 2008-2011 with the Internal Control & Audit Department of Zenith Bank Plc.