Nigeria Banks Shines At IMF Meeting
Four Nigerian banks -Zenith International BankPlc, Intercontinental Bank Plc, Fidelity Bank Plc and Stanbic/IBTC Plc and two prominent Nigerian bankers – Mr. Tony Elumelu (Group Managing Director, United Bank for Africa Plc) and Otunba Subomi Balogun (Founding chairman, First City Monument Bank Plc) at the weekend in Washington were honoured with awards by The Banker.The Banker Award 2008 organised by African Business Magazine, which was supported by African Development Bank held at the Willard Intercontinental Hotel in Washington at which the African Business and banking communities were well represented.
The Governor of the Central bank of Nigeria, Prof. Chukwuma Soludo and Oby Ezekwesili were star Nigerian guests at the function.Zenith was singled out of the several banks in Africa as the Best Global Bank in Africa. Last year, the bank won the Most Socially Responsible Bank in the continent. UBA, which won last year 's Emerging Global Bank in Africa, had its Group Managing Director winning the African Banker of the Year. Intercontinental Bank on its part won the African Banker of the year award. Fidelity Bank Plc won the Most Socially Responsible bank of the year award, while Stanbic/IBTC won the Best Issuing House in Africa award.Otunba Balogun won the Life Time Achiever award in recognition of his pioneering effort in merchant banking in Nigeria.An elated Otunba Balogun who would be celebrating his 75th birthday in the next few days told the audience that the awards were his birthday gifts.Fidelity Bank won the Socially Responsible Bank of the year award.
It was not an all Nigerian affairs as other African banks were recognised and conferred with deserving award. Needbank of South Africa won the Most Gender Sensitive award while Development Bank award went to the Development Bank of Southern Africa. Standard Bank of South Africa also won Deal of the Year award, while Investment Bank of the year award went to Renaissance Capital. Micro-finance bank of the year award was won by Banque de la Habitat de Tunisia while the Most Innovative Bank award went to Ecobank Transnational, Togo. The Governor of the Bank of Ghana was honoured and recognised with the award of Africa Central Bank Governor of the year while the Finance Minister of Malawi was honoured with the award of Finance Minister of the Year.Zenith Bank Assistant General Manager, Corporate Communication Mr. Timeyin Ejoor was on hand to receive the award on behalf of his bank.
The Governor of the Central bank of Nigeria, Prof. Chukwuma Soludo and Oby Ezekwesili were star Nigerian guests at the function.Zenith was singled out of the several banks in Africa as the Best Global Bank in Africa. Last year, the bank won the Most Socially Responsible Bank in the continent. UBA, which won last year 's Emerging Global Bank in Africa, had its Group Managing Director winning the African Banker of the Year. Intercontinental Bank on its part won the African Banker of the year award. Fidelity Bank Plc won the Most Socially Responsible bank of the year award, while Stanbic/IBTC won the Best Issuing House in Africa award.Otunba Balogun won the Life Time Achiever award in recognition of his pioneering effort in merchant banking in Nigeria.An elated Otunba Balogun who would be celebrating his 75th birthday in the next few days told the audience that the awards were his birthday gifts.Fidelity Bank won the Socially Responsible Bank of the year award.
It was not an all Nigerian affairs as other African banks were recognised and conferred with deserving award. Needbank of South Africa won the Most Gender Sensitive award while Development Bank award went to the Development Bank of Southern Africa. Standard Bank of South Africa also won Deal of the Year award, while Investment Bank of the year award went to Renaissance Capital. Micro-finance bank of the year award was won by Banque de la Habitat de Tunisia while the Most Innovative Bank award went to Ecobank Transnational, Togo. The Governor of the Bank of Ghana was honoured and recognised with the award of Africa Central Bank Governor of the year while the Finance Minister of Malawi was honoured with the award of Finance Minister of the Year.Zenith Bank Assistant General Manager, Corporate Communication Mr. Timeyin Ejoor was on hand to receive the award on behalf of his bank.
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