UBA, Zenith, Others Emerge Winners Of The BusinessDay Banking Awards [See Full List]
Access Bank and Herbert Wigwe, its chief executive officer (CEO); United Bank for Africa (UBA); First Bank of Nigeria (FBN) and Zenith Bank came out tops at the BusinessDay Banking Awards 2016.
At the award, which was held at Eko Hotels on Friday night, Wigwe was named Bank CEO of the Year 2016, while the financial institution he leads, Access Bank, was named Bank of the Year.
The night kicked off with a welcome note from Frank Aigbogun, publisher of BusinessDay Newspaper, and a felicitation speech by Akinwunmi Ambode, governor of Lagos state, who was represented by Femi Pedro, former deputy governor of Lagos state.
Ambode commended the banks for their financial resilience in a challenging economy, their industry, commitment and exceptional display of expertise.
The awards, listed below, were presented by Femi Pedro; Nike Akande, president of the Lagos Chamber of Commerce and Industry (LCCI); Uyi Akpata, country and regional senior partner, PwC West Africa; and by the award sponsor, Air France.
FULL LIST OF AWARDEES:
Best bank in support of agriculture – United Bank for Africa
Best bank in support of manufacturing – Zenith Bank
Best bank in Corporate Social Responsibility (CSR) – First Bank of Nigeria
Most improved bank in retail banking – Union Bank
Best bank in corporate banking – Zenith Bank
Best bank in SME banking – Guaranty Trust Bank
Most customer friendly bank – First Bank of Nigeria
Bank deal of the year – Rand Merchant Bank of Nigeria (For IHS $800 million deal)
Most innovative product – Diamond future and cool teens product
Best managed funds – First Capital Asset Management anchor funds
Best managed funds (Money Market) – First Capital Asset Management anchor funds
Best managed fixed income funds – SFS Capital limited fixed income funds
Effective leadership for the protection of depositors funds – Umaru Ibrahim, CEO NDIC
Most innovative investment bank – United Capital
Best broker/investment bank – Stanbic IBTC Stockbrokers
Best mortgage bank of the year in CSR – Abbey Mortgage Bank
Mortgage Bank of the year – Infinity Trust Mortgage Bank
Best bank promoting Islamic banking – Jaiz Bank
Bank of the year – Access Bank
Bank CEO of the year – Herbert Wigwe, CEO Access Bank