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Three Nigerians are among those shortlisted by African Banker Magazine for this year’s edition of the African Bankers’ award

|  By Vincent Nzemeke  |  Jun. 3, 2013 @ 01:00 GMT

THREE Nigerian bankers have been shortlisted as nominees for this year’s edition of the African Bankers’ Awards. Andrew Alli, president, Africa Finance Corporation, Aigboje Aig-Imoukhuede, group managing director, Access Bank, as well as Segun Agbaje, chief executive officer, Guarantee Trust Bank, all stand a chance of winning the coveted prize. The Nigerian bankers will face competition from Joao Figueiredo, chief executive officer, Unico Bank, Mozambique and Dr Charles Kimei, managing director, CRDB, Tanzania.

For the keenly contested African Bank of the Year category, Nigeria’s Guarantee Trust Bank will slug it out with Standard Chartered, South Africa, Equity Bank, Kenya and Attijariwafa Bank, Morocco.

The African Bankers’ Award is organised by African Banker magazine in collaboration with BusinessinAfrica Events. It is a landmark event that brings together more than 500 key industry players and top government officials from Africa and around the world to celebrate excellence and best practices in African banking and finance.

A distinguished and independent panel of judges, known and respected for their expertise on the African banking and finance industry, will decide the final winners of shortlisted categories. This year’s edition of the award will also see the introduction of new categories such as Deal of the Year, Financial Inclusion and Socially Responsible Bank categories.

Speaking on the quality of entries for this year’s award, Omar Ben Yedder, publisher of African Banker magazine, said the improvements in the entries shows that banking is rapidly developing in Africa. He added that the African Banker seeks to create a benchmark and promote best practices through the awards.

“I remain a staunch defender of the positive role banking institutions can play. The two biggest listed companies in China are both financial institutions and they play a critical role in the economy. The same can be said about many banks in Africa. The entries seem to get better year after year. The variety of entries and the quality of these entries, especially in the Deal of the Year category, illustrate the increased sophistication and the growing investment in banking activity across Africa, and that can only be encouraging.”

The winners in various categories of the awards will be announced at a ceremony billed to hold May 29, during the annual African Development Bank, AfDB, meetings in Marrakech, Morocco.  The African Development Bank which is the largest development institution in Africa, is the official patron of the award. The annual ceremony is also supported by Mastercard, which are expanding their operations extensively in the continent.

Full list of categories and nominees

African Bank of the Year

• Attijariwafa Bank, Morocco
• Equity Bank, Kenya
• Guaranty Trust Bank, Nigeria
• Standard Bank, South Africa
• Standard Chartered, South Africa

African Banker of the Year

• Segun Agbaje, CEO and Managing Director, GTB Bank
• Aigboje Aig-Imoukhuede, GMD and Chief Executive, Access Bank
• Andrew Alli, President and CEO, Africa Finance Corporation
• Joao Figueiredo, CEO and Chairman, Unico Bank
• Dr Charles Kimei, Managing Director, CRDB

Investment Bank of the Year

• Citi Group, South Africa
• JP Morgan, South Africa
• Rand Merchant Bank, South Africa
• Standard Chartered, South Africa
• Vetiva, Nigeria

Award for Innovation in Banking

• Banque Centrale Populaire, Morocco
• Ecobank Transnational, Togo
• Millenium BIM, Mozambique
• Nedbank, South Africa
• Standard Bank, South Africa

Socially Responsible Bank of the Year

• Dahabshiil Bank, Djibouti
• Ecobank Transnational, Togo
• Fidelity Bank, Nigeria
• Millenium BIM, Mozambique
• Nedbank, South Africa

Award for Financial Inclusion

• Africa Guarantee Fund, Kenya
• Amhara Credit and Savings, Ethiopia
• Attawfiq Microfinance, Morocco
• Barclays Bank – Botswana
• Bramer Banking Corp, Mauritius

Deal of the Year

• Access Bank – Citi, Nigeria
• Ghana Seawater Desalination Project – Standard Bank, South Africa
• Letshego Holdings – Renaissance Capital, UK
• Namibian bond – RMB (South Africa), Absa (South Africa)
• Remittance Backed Syndicated term loan – Skye Bank, Nigeria
• Republic of Zambia’s $750m bond – Barclays Capital (and Deutsche Bank), UK

Best Bond Deal

• Absa’s acquisition of Barclays’ African operations – JP Morgan, South Africa
• Cove Energy – Standard Chartered, UK
• Egypt Refining Company – EFG Hermes, Egypt
• Oppenheimer sale in DeBeers – Standard Chartered, South Africa
• RMB Westport Capital Raising – RMB, South Africa
• Umeme IPO – cfc Stanbic (Kenya) and Fieldstone (South Africa)

Investment Fund/Private Equity Fund of the Year

• Citadel Capital, Egypt
• Coronation Fund, South Africa
• Emerging Capital Partners, USA
• Royal County of Berkshire Pension Fund, UK
• Standard Chartered Private Equity, South Africa

Best Retail Bank in Africa

• Banque Centrale Populaire, Morocco
• Compagnie Generale de Banque Ltd, Rwanda
• Coris Bank, Burkina Faso
• Ecobank Transnational, Togo
• Exim Bank, Tanzania

Best Islamic Bank

• Afriland/ ICD, Cameroon
• Gulf African Bank, Kenya
• International Islamic Trade Finance Corporation (ITFC), Saudi Arabia
• Maurisbank (+SAB), Mauritania
• Takaful Insurance, Gambia

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