The Africa Pension Awards, run by the National Pension Commission in Nigeria, honored winners for excellence in innovations across five awards categories at a ceremony Tuesday.
For innovations in corporate governance, the National Pension Commission in Nigeria won first prize, with the National Pensions Regulatory Authority, Ghana, taking home second place in the regulators category.
The operators category was won by Nigeria-based Premium Pension Ltd. The firm also took home the top prize for the deployment of innovation practices to facilitate wide coverage and inclusion category, and Enwealth Financial Services, Kenya, came in second place.
For innovations in the deployment of information, communication and technology platforms for improved customer service delivery, the top prize went to Stanbic IBTC in Nigeria. Minerva Benefits Consulting in Zimbabwe won second place, and National Social Security Institute, Guinea Bissau, came in third place.
The innovations in risk management category was won by Axis Pension Trust, Ghana, and second place went to Social Security Regulatory Authority, Tanzania.
The National Pension Commission in Nigeria also triumphed in the category for socio-economic impact of the pension and social security system, winning first place. The National Social Security Fund, Sudan, placed second.
The African Pension Awards, which started in 2015, is an initiative of PenCom and the WorldPensionSummit that took place during Pensions & Investments' WorldPensionSummit Africa Special conference.