CardinalStone was recently named Africa’s Best Broker at the 2025 Euromoney Capital Market Awards, a feat which reinforces its consistent delivery of innovative, client-focused, and high-impact brokerage solutions. Peter Omoregie, Managing Director, CardinalStone Securities speaks on Euromoney Award, writes Iheanyi Nwachukwu. Excerpts
What does this recognition mean to you personally and to the company as a whole?
This award is a validation of the hard work and commitment of our entire team. Personally, it reinforces my belief in the vision laid down by our founding partners and continually championed by the team which is building a truly African financial services firm that can compete globally. For the company, it’s both a recognition of past performance and a motivation to push further in delivering innovative, client-focused solutions.
What key strategies or innovations do you believe set your company apart from competitors in the African market?
Putting our clients at the heart of every decision has been the cornerstone of our success. We invest deeply in understanding their needs and tailoring solutions rather than taking a one-size-fits-all approach. Backed by our robust, data-driven research capabilities, we provide insights that help clients navigate complex markets and make informed investment decisions. Coupled with this, we leverage technology to enhance efficiency and transparency, and we are constantly innovating — whether in product design, execution speed, or access to markets.
With increased competition and market volatility, what strategies are you implementing to sustain this competitive edge and possibly win again in the future?
We are doubling down on innovation, diversification, and partnerships. By continuously refining our product suite, strengthening relationships with clients, and leveraging technology, we can stay ahead of the curve. Equally important is maintaining operational discipline — ensuring efficiency and resilience even in volatile market conditions.
Can you walk us through some of the biggest challenges that CardinalStone faced on the path to this achievement, and how your team overcame them?
Like many firms operating in Africa, we’ve had to navigate macroeconomic volatility, currency fluctuations, and regulatory shifts. These challenges could have slowed us down, but we responded with agility by strengthening risk management frameworks, diversifying our offerings, and investing in talent capable of adapting quickly. The steady leadership of our management team combined with the resilience of our people, has been key to overcoming these hurdles.
How has the Company tailored its services to cater to the diverse needs of investors across different African markets?
Africa is not a monolith. Each market has its own regulatory environment, investor appetite, and liquidity dynamics. We’ve succeeded by being adaptable — building local expertise while drawing on global best practices. This allows us to serve institutional and retail clients with the nuance and customisation they require.
Technology is reshaping the financial industry globally. How has digital transformation contributed to the Company’s success, and what’s next in your digital roadmap?
Technology has been a game-changer for us. From electronic trading platforms to data analytics that support smarter decision-making, we’ve embedded digital tools into every layer of our operations. Looking forward, our focus is on enhancing accessibility for retail investors and automating processes to reduce friction to better serve our clients.
Talent is critical in a fast-moving industry like stockbroking. What steps is the Company taking to attract, train, and retain top talent across its operations?
We prioritise creating an environment where people can grow. That means structured training programmes, mentorship, and exposure to global best practices. I’ve personally benefitted from the mentorship of our founding partners and executive directors, and we seek to cascade that culture of guidance across the organisation. Beyond this, we empower our people to take ownership of projects and encourage innovation, all within a culture of meritocracy and inclusiveness. These efforts have not gone unnoticed. CardinalStone has been recognised among the Great Places to Work, underscoring our commitment to building a workplace where people thrive. It’s this blend of growth, empowerment, and recognition that makes CardinalStone an attractive place to build a career.
Corporate governance and transparency are increasingly important. How is your company ensuring it maintains the highest ethical and regulatory standards?
We’ve built strong governance structures that are embedded at every level of decision-making. Compliance is not treated as a box-ticking exercise but as a culture. Regular audits, clear reporting lines, and a strong board oversight framework ensure that we remain accountable to our stakeholders. This commitment to transparency has been instrumental in building trust with clients and regulators alike.
Are there plans to expand CardinalStone’s footprint beyond your current markets, either within Africa or globally?
Yes, absolutely. Our strategy is to consolidate our leadership in Nigeria while exploring opportunities in key African markets where our expertise can add value. Beyond Africa, we are also building relationships with global institutional investors looking to access African opportunities. Expansion for us is about sustainability, entering markets where we can deliver long-term impact.
What message do you have for your clients, stakeholders, and young professionals looking to enter the African capital markets industry?
To our clients and stakeholders, thank you for trusting us, this recognition belongs to you as much as it does to us. We remain committed to walking this journey with you and unlocking opportunities together. To young professionals, Africa’s capital markets are full of potential. Stay curious, be resilient, and bring fresh ideas. The future of this industry depends on your innovation and courage.
