Greenwich Merchant Bank grabbed top honors at the FMDQ Gold Awards for having the cleanest compliance record among dealing members operating in Nigeria's fixed-income and derivatives markets. The trophy goes to whoever racks up the fewest violations while sticking to FMDQ's operational rules, and Greenwich apparently nailed it across their currency and derivatives trading desks.
FMDQ's marketing head, Nkiru Umeh, said the bank shows serious dedication to playing by the book, and CEO Benson Ogundeji credited his compliance and risk management squads for keeping everything locked down. Head of Compliance Tayo Lawal called the award proof that their internal controls and system upgrades actually work instead of just existing on paper to satisfy auditors.
FMDQ's marketing head, Nkiru Umeh, said the bank shows serious dedication to playing by the book, and CEO Benson Ogundeji credited his compliance and risk management squads for keeping everything locked down. Head of Compliance Tayo Lawal called the award proof that their internal controls and system upgrades actually work instead of just existing on paper to satisfy auditors.
