Kimpton Trust – A journey of growth and excellence in pensions administration

Founded in 2013, Kimpton Trust Limited was licensed and registered by the National Pensions Regulatory Authority as a pensions corporate trustee, initially headquartered in Adabraka, Accra and later relocating to La Bawaleshie at East Legon.

The company experienced a significant turning point in 2016 when a new shareholder acquired 80percent of its shares, fully taking over the company a year later. Since then, Kimpton Trust has grown to become one of Ghana’s most preferred corporate trustees, offering world-class pensions administration.

At the heart of Kimpton Trust’s success is a clear vision: to be the leading corporate trustee in Ghana by providing efficient customer service, leveraging appropriate information technology, and maintaining a well-motivated, high-calibre human resource.

This philosophy is reflected in the words of the company’s Managing Director, Eric Osei-Abankwa, who stressed that “At Kimpton Trust, we believe in working with a well-motivated staff with competitive working conditions who are up to the task.” He further added that at Kimpton Trust, reward goes beyond financial incentives, creating a family-like atmosphere where support extends beyond the workplace.

Under the leadership of Mr. Osei-Abankwa, Kimpton Trust has consistently adhered to regulatory requirements, with a spotless record since its inception. The company is proud to be one of the top three in Ghana for compliance with timely renewal of operating licenses. Additionally, Kimpton boasts of a quick turnaround time of five working days for claims processing and a 48-hour investment turnaround.

From an asset under management base of less than GH¢1 million at the beginning of 2017, the company currently manages in excess of GH¢240 million with an institutional client base of about 150 participating employers across different industries. The company continues to innovate with services like an online portal that allows members to access their biodata and financial reports.

Kimpton Trust is committed to inclusivity, recognizing that not all clients are tech-savvy. To address this, the company assists members in updating their beneficiaries. Additionally, Kimpton has developed a portal for employers to upload contributions, ensuring seamless service delivery.

Looking to the future, Kimpton Trust aims to partner with life insurance companies to develop annuity products, providing another layer of income for members upon retirement. The company also plans to collaborate with finance houses to create “Pension Backed Mortgage Products” and build capacity to offer administrative services to public sector schemes.

Kimpton Trust has had the opportunity to work with very notable brands over the period. “With our continued focus on innovation, efficiency, and client satisfaction, Kimpton Trust is poised to become a force to reckon with in Ghana’s pension administration industry.”

Eric Osei-Abankwa, Managing Director

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