Zedcrest Group Names Simbiat Bada As Managing Director Of Stockbroking Arm Following Strategic Market Expansion

Zedcrest Group announces Simbiat Bada as Managing Director for Stockbroking following its acquisition of RMB Nigeria Stockbrokers, pending SEC approval.

By: AXL Media

Published: Apr 16, 2026, 11:25 AM EDT

Source: Information for this report was sourced from BellaNaija.com

Strategic Leadership for Market Depth

Zedcrest Group, a prominent Nigerian financial services powerhouse, has officially appointed Simbiat Bada as the Managing Director of its stockbroking arm. The appointment, announced on Thursday during a media parley at the group’s Lagos headquarters, is a key component of Zedcrest’s broader strategy to deepen its market capabilities. Bada’s leadership is expected to drive innovative, client focused solutions as the firm integrates its recent acquisitions and seeks to strengthen its position in the capital markets.

Regulatory Approval and Executive Vision

Group Managing Director Adedayo Amzat, CFA, confirmed that while the Board has approved Bada’s selection, the appointment will now undergo the standard vetting process by the Securities and Exchange Commission (SEC). Amzat emphasized that the choice reflects Zedcrest’s commitment to superior execution and wealth creation for its clients. The Group aims to build a best-in-class stockbroking business that remains responsive to the rapidly evolving dynamics of the Nigerian financial landscape.

Professional Background and Expertise

Simbiat Bada joins Zedcrest with nearly a decade of experience in the financial sector, specializing in securities trading, asset management, and business development. She holds an Economics degree from the American University of Nigeria and a master’s degree in the same field from the University of Lagos. Her professional credentials include memberships in the Chartered Institute of Stockbrokers (CIS) and the Institute of Chartered Accountants of Nigeria (ICAN). Prior to this role, she held significant positions at Vetiva Securities and WSTC Financial Services Limited.