FBNQuest Merchant Bank completes name change to Quest Merchant Bank

FBNQuest Merchant Bank Limited has officially changed its name to Quest Merchant Bank Limited after securing all necessary corporate and regulatory approvals, marking a new phase in the institution’s strategic evolution. The bank confirmed that the rebranding does not affect its legal status, operations, management structure, or the scope of services it provides. Quest Merchant […]

FBNQuest Merchant Bank Limited has officially changed its name to Quest Merchant Bank Limited after securing all necessary corporate and regulatory approvals, marking a new phase in the institution’s strategic evolution.

The bank confirmed that the rebranding does not affect its legal status, operations, management structure, or the scope of services it provides. Quest Merchant Bank Limited remains a duly licensed merchant bank regulated by the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC).

It will continue to offer its full range of merchant banking, advisory and capital markets services to corporate, institutional and high-net-worth clients.

Management described the name change as part of a deliberate repositioning strategy aimed at strengthening the bank’s identity, reinforcing its market presence and supporting long-term growth ambitions.

Commenting on the development, Acting Managing Director and Chief Executive Officer, Afolabi Olorode, said the move signals a significant milestone in the bank’s history.

 

“This name change represents a pivotal milestone in the rich history of the Bank and a deliberate strategic repositioning that reflects our resilience, strong track record and long-term growth ambitions,” Olorode said.

 

“While our name has evolved, our commitment to our clients, stakeholders and regulators remains unwavering.”

 

As part of the transition process, the bank has begun updating its branding, corporate communications materials and digital platforms to reflect the new identity. The management noted that some legacy references to FBNQuest may still appear across certain touchpoints during the phased update period.

 

The bank also reassured customers and business partners that the change will not affect existing agreements or service delivery.

 

According to the statement, all contracts, client relationships and obligations entered into under the former name remain valid, binding and fully enforceable.