FBNQuest Merchant Bank Limited has officially completed a change of name and will now operate as Quest Merchant Bank Limited, marking a significant milestone in the institution’s evolution.
The change follows the receipt of all required corporate and regulatory approvals.
Announcing the development in Lagos on 28 January 2026, the Bank clarified that the rebranding does not affect its legal status, operations, management, or range of services. Quest Merchant Bank Limited remains a fully licensed merchant bank regulated by the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC), and will continue to provide its comprehensive suite of merchant banking, advisory, and capital markets services.
Speaking on the name change, the Acting Managing Director and Chief Executive Officer, Afolabi Olorode, described the development as a strategic step aligned with the Bank’s long-term vision.
“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. While our name has evolved, our commitment to our clients, stakeholders, and regulators remains unwavering,” he said.
As part of the transition, Quest Merchant Bank is updating its branding, communications, and digital platforms to reflect the new identity. The Bank noted that some legacy references may remain visible across certain touchpoints during the transition period as updates are progressively completed.
The Bank also reassured stakeholders that all existing contracts, client relationships, and obligations remain valid, binding, and fully enforceable following the name change.
The rebrand underscores Quest Merchant Bank’s focus on strengthening its market position while continuing to deliver value-driven financial solutions to its clients and partners.
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