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Access Bank, UBA Win Global Awards

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  • Access Bank, UBA Win Global Awards

Access Bank Plc tuesday disclosed that it emerged as Nigeria’s biggest winner at the 2016 EMEA Finance Banking Awards by leading financial publication EMEA Finance Magazine.

Access Bank won in three categories awarded to financial institutions in the Pan-African Region: the ‘CEO of the Year’, awarded to Access Bank’s Group Managing Director and CEO, Herbert Wigwe; ‘Best Bank in Nigeria’ and ‘Corporate Social Responsibility’.

This is just as United Bank for Africa (UBA) Plc revealed that it won the ‘Bank of The Year 2016’ in Gabon, Congo-Brazzaville, Senegal, Cameroon and Chad at the annual Bankers Award in London.

However, receiving the award on behalf of Access Bank at the annual African Banking Awards Dinner in London, Wigwe thanked the staff of Access Bank, acknowledging their support in achieving the goal of not only becoming one of the top three banks in Nigeria, but also for participating in the firm’s CSR activities that have touched the lives of thousands of Nigerians.

Wigwe said: “We are delighted to receive these prestigious awards. It is a testimonial to the hard work we have done in line with our five-year strategy to become the world’s most respected African Bank.

“2016 has been a remarkable year for the Bank as we continue to receive both regional and international acclaim. I am extremely proud to be part of a profitable institution that is committed to delivering sustainable economic growth that is profitable, environmentally responsible and socially relevant. We have reaffirmed our status as innovative industry pioneers equipped to help our customers take tomorrow today.”

Wigwe led Access Bank’s efforts to incorporate sustainability across all aspects of the bank’s activities. In doing so, he also moved the entire sector forward, and now all of Nigeria’s banks, including the Central Bank of Nigeria, have adopted what is known as the Nigerian Sustainable Banking Principles.

On his part, the Group Managing Director/CEO, UBA Plc, Mr. Kennedy Uzoka dedicated the five awards won by his financial institution to the customers, whose loyalty, support and patronage he said has remained the fountain of the Group’s growth and competitive edge in the African continent.

He commended the country CEOs, staff and other stakeholders of the five subsidiaries for the performance, stating that the Group can achieve more with the renewed focus on customer service.

“The recognition speaks volumes. It validates the strong management, staff committment to service excellence, sound business model and prudent risk management in these country subsidiaries. We will keep up the good work” Uzoka said further.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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Company News

Farmforte, Others Signs MoU To Strengthen and Sustain Growth in Agricultural Sector

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Farmforte - Investors King

Farmforte Limited has signed a strategic Memorandum of Understanding with the Agricultural Fresh Produce Growers and Exporters Association of Nigeria; HYBR, a pan-African innovation firm; and ALTS, a consulting and strategy development firm.

The firm said in a statement on Sunday that the partnership would strengthen common interest cooperation and stimulate inclusive and sustainable growth within the agricultural sector, by capitalising on the synergy and comparative advantage offered by each organisation.

Speaking during the signing ceremony, Farmforte Co-Chief Executive Officer, Osazuwa Osayi, said, “Our mid to long-term strategic goals are further reaffirmed, as this partnership will facilitate the sharing of knowledge, ideas, and expertise across the agricultural sector.

“We will collectively address initiatives and approaches concerning agricultural investments, food security, and the overall robustness of the value chain.”

He said the collaboration would also unlock the full potential of the sector and place it on a renewed path for success, especially within a post-pandemic economy.

The President of AFGEAN, Tajuddeen Dantata, said, “By creating dialogue and fostering investment in the horticulture sector, this partnership will endeavor to support Farmforte in its exporting efforts by improving operational efficacy and cost-savings, while ultimately driving socio-economic growth in the country.”

The Chief Executive Officer, HYBR, Charles Ojei, said to drive inclusion, sustainability, job creation, and Nigeria’s overall economic growth, the optimisation of the agriculture value chain was critical.

“This collaboration is a fusion of the complementary capabilities of all partners to move a bigger agenda forward.”

The Managing Partner, ALTS, Akintunde Sawyerr, said, “The goal of this partnership is to support Farmforte’s vision of becoming the largest agribusiness by 2035 via scalable and world-class innovation across its enterprise.”

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OctaFX Launches Dual Life Campaign

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OctaFX- Investors King

International Forex broker, OctaFX has launched a socially conscious marketing campaign called Dual Life aimed at simplifying forex trading and helping Nigerians create wealth.

A statement by the organisation on Monday said that the marketing campaign would celebrate the superpowers of Nigerians who committed their time and efforts to two or more jobs and were successful at each one of them.

It stated that the #DualLifewithOctaFX campaign had influencers in the Nigerian lifestyle and entertainment space such as Toke Makinwa, Bovi, Denola Grey, Timini Egbuson, and others at the core of the engagements, establishing the other sides of the celebrities and influencers as entrepreneurs.

While speaking about the campaign, the Marketing Manager, EMEA, OctaFX, Ali Nwadike said, “We wanted to position forex trading as that activity young Nigerians and everyone else, can engage in, even while focusing on their careers.

“From findings, most young Nigerians today work two or more jobs to pay the bills and attain financial freedom. But, we don’t get to talk about this often or appreciate the efforts, hence the #DualLifewithOctaFX campaign.

“While some see their jobs as a burden, we want people to see it as an achievement; and promote the school of thought that says one, two, many jobs is not bad especially when you are trying to create wealth.”

Nwadike added that more Nigerians would be exposed to the beauty of keeping their regular jobs and careers while making more money from forex trading with the OctaFX Trading App.

The statement also affirmed that OctaFX had made necessary arrangements from assembling forex experts and compiling training guides in the simplest and relatable form.

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Appointments

AfDB Appoints Dr. Beth Dunford as Vice President

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African Development Bank - Investors King

The African Development Bank Group (AfDB) has announced the appointment of Dr. Beth Dunford as its Vice President, Agriculture, Human and Social Development. The appointment becomes effective from July 1, 2021.

A statement explained that Dunford, a national of the United States of America, brings extensive experience to this role. She has held senior-level leadership positions in the US government, where she managed large and complex programs, working with the private sector, civil society, and multilateral and bilateral institutions, as well as with African governments, to deliver agricultural, social and human development impact at scale.

Prior to her appointment, Dunford worked as the Assistant to the Administrator in the U.S. Agency for International Development’s (USAID’s) Bureau for Resilience and Food Security, as well as the Deputy Coordinator for Development for Feed the Future, the U.S. government’s global hunger and food security initiative.

“In this dual role, she coordinated Feed the Future across multiple U.S. government agencies, oversaw a $1 billion annual budget and leveraged millions of direct private sector investment annually. In this capacity, she also coordinated a $2.3 billion Feed the Future presidential initiative across 11 US government agencies and forged partnerships within the private sector and civil society targeted at reducing hunger and poverty.

“She also led USAID’s technical and regional expertise focused on improving agriculture-led growth, resilience, nutrition and water security, sanitation and hygiene,” the statement added.

President of the African Development Bank, Dr. Akinwumi Adesina said he was delighted to appoint Dunford as Vice President to lead the Bank’s work on Agriculture, Human and Social Development.

“Beth is a strategic and effective leader with deep knowledge and impressive track record in designing and delivering highly impactful large-scale programs that have helped in lifting 27 million people out of poverty in 36 countries,” he added.

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