Access Bank has asserted its leadership of the Nigerian
banking industry with the recent recognition as the ‘Bank of the Year’ at the
17th annual Bank of the Year awards black-tie dinner in London, reports
ITRealms.
The award, ITRealms gathered corroborates other nine
international honors earned by the Bank over the past 10 months for operational
excellence, responsible business practices and innovation.
Presenting the award, Michael Buerk, BBC News journalist, noted
that the award is unarguably one of the most coveted prizes in the banking
sector globally, stressing that in spite of the challenging operating
environment and rapid changes in the industry, Access Bank has remained a
formidable institution.
“Specifically, the Bank has been a purveyor of innovation in
the Nigerian banking space and consistently outperformed industry
forecast. It is firmly believed that its
operational model, risk management and governance framework, which enable
sustained superlative financial performance need commendation” he said.
ITRealms also gathered that this view is consistent with
Analysts’ opinion on the Bank in the past one year, but its Group Managing
Director, Herbert Wigwe who received the award for the Bank said, “While
innovation, excellent risk and corporate governance framework might be the
advantage we have over our competitors, the Bank is propelled by a vision of
becoming the world’s most respected African Bank, and this requires us to do
things differently to standout. He thanked the bank’s stakeholders for their
support and assured them of improved performance in the years ahead”.
Over the years, he said, Access Bank has established a
reputation as one of the most formidable financial institutions in Nigeria.
This is unconnected with its impressive growth trajectory and contributions to
the development of the Nigerian economy through empowerment initiatives and
practical SME schemes. As an acclaimed
innovative industry pioneer, the Bank has remained the choice of international
financial organizations and multilateral agencies seeking partnership in
Nigeria.
For some of its pioneering initiatives and outstanding
performance, the bank has earned a number of recognitions in the past months.
The recognitions include the ‘Karlsrushe Outstanding Business Sustainability
Award’, ‘ BusinessDay Banking Award – CEO of the Year’, ‘BusinessDay Banking
Award – Best Bank of the Year’, ‘EMEA Finance Best Bank in Nigeria Award’,
‘EMEA Finance Corporate Responsibility Award (Pan-African)’, ‘EMEA Finance CEO
of the Year (Pan-African’ and World Finance Most Sustainable Bank of the Year
Award’.
The bank is particularly excited about its emergence at the
‘2016 Bank of the Year’ because the award is renowned as a valuable reward for
banking excellence, and recognition for achievements of outstanding individuals
and exceptional institutions in the global banking landscape.
The Banker Awards is an annual event of the Banker Magazine,
a publication of the Financial Times of London and world’s leading monthly
journal of records for the global banking industry, with expertise in
publishing developments in the African banking industry and beyond for more
than 90 years.
Oyi Midele/GEE
Pix 1: L-R: Editor, The Banker Magazine, Michael Buerk; Group Managing Director/CEO, Access Bank Plc, Herbert Wigwe with the plaque for the Bank of the Year Award which the Bank won at The Banker Awards 2016 by The Banker Magazine in London
2 L-R : Dapo Olagunju, Group Treasurer; Rooselvelt Ogbonna, Executive Director- Commercial Banking Division; Group Managing Director/CEO, Herbert Wigwe; Chief Financial Officer, Seyi Kumapayi at The Banker Awards 2016 where Access Bank won “Bank of the Year’’ Award.
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