Access Bank Plc and Herbert Wigwe, its chief executive officer (CEO); United Bank for Africa (UBA); Guaranty Trust Bank and Zenith Bank came out tops at the BusinessDay Banking Awards 2016.
At the award ceremony in Lagos 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.
Other winners at the event are, Guaranty Trust Bank named winner of Best bank in SME banking; United Bank for Africa as Best bank in support of agriculture; United Capital as Most innovative investment bank; Stanbic IBTC Stockbrokers as Best broker/investment bank; Abbey Mortgage Bank as Best mortgage bank of the year in CSR; Infinity Trust Mortgage Bank as Mortgage Bank of the year; Jaiz Bank as Best bank promoting Islamic banking; Union Bank as Most improved bank in retail banking.
Also, Zenith Bank won Best bank in support of manufacturing and Best bank in corporate banking while First Bank of Nigeria won Most customer friendly bank and Best bank in Corporate Social Responsibility (CSR); First Capital Asset Management anchor funds as Best managed funds and Best managed funds (Money Market); Rand Merchant Bank of Nigeria (For IHS $800 million deal) as Bank deal of the year; Diamond future and cool teens product as Most innovative product; SFS Capital limited fixed income funds as Best managed fixed income funds; and Umaru Ibrahim, CEO NDIC as Effective leadership for the protection of depositors funds.
Delivering his goodwill message, Governor Akinwunmi Ambode, of Lagos state, who was represented by Femi Pedro, former Deputy Governor of the state, commended the banks for their financial resilience in a challenging economy, their industry, commitment and exceptional display of expertise.