It was a night of glamour and style when the best in the Nigerian banking industry walked the red carpet at the 2016 BusinessDay Banking Awards which held on Friday at the Eko Hotel and Suites, Victoria Island, Lagos.
Guest were treated to pre-event cocktail which allowed them mingle and chat over glasses of fine wine and cocktail. At a few minutes past eight, the award night began in earnest.
Frank Aigbogun, publisher of BusinessDay Newspaper, in his welcome address commended the efforts of the banks for staying afloat in spite of the economic challenges.
In his speech, Akinwunmi Ambode, governor of Lagos state, who was represented by Femi Pedro, former deputy governor of Lagos state, praised the commitment of the banks to the growth of the economy.
The first set of awards was presented by Nike Akande, president of the Lagos Chamber of Commerce and Industry (LCCI). Dare Aart Alade would later steal the show with his performance. His baritone voice rang through the hall as he walked in the audience singing. His recital was interactive and very engaging. He moved from one table to another picking on a few ladies to dance to the track ‘Orekelewa’ from his new album. He also performed Fela famous track ‘Water No Get Enemy’.
Femi Pedro presented the flagship award, Bank of the year to Access Bank, just as the bank’s CEO, Herbert Wigwe won Bank CEO of the year award.
“I feel privileged to be leading the institution,” said Wigwe. “All the we have achieved can be attributed to all Access people. We have had it coming for a long time. Anyone who knows my history know we have worked hard to build the brand. I will like to thank all Access customer and people. This award can only spur me to do greater things. You can never do it alone. I attribute all I have achieved to the great people of Access bank.”
As the CEO of the year, Wigwe was given a first class ticket to fly to anywhere in the world by AirFrance/KLM.
Also, United Bank for Africa (UBA); First Bank of Nigeria (FBN) and Zenith Bank carted away many awards in different categories.
Here is a full list of winners:
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