The Lion King Magazine | July - September 2016 - page 12

12 •
The Lion King
• July - September 2016
United Bank for Africa (UBA)
Plc was on Friday, September
9, 2016 honoured with two
very important laurels at the
annual Businessday Banking
Awards, winning the Best Bank
in Sub-Saharan Africa and
the Best Bank in support of
Agriculture.
UBAWINSBIGATTHEANNUAL
BUSINESSDAY BANKING AWARDS
T
he first award, the “Best Bank in
sub-Saharan Africa award is in
recognition of UBA’s leadership
role in expanding access to banking
across Africa. UBA has operations in
19 African countries with subsidiaries in
major regional hubs.
The Bank also won the award for “Best
Bank in Agriculture Financing,” for its
consistent support to the agricultural
sector in Nigeria, a substantial part of
its loan book being devoted to agri-
culture and related activities.
Speaking whilst receiving the awards
on behalf of the bank, Head, Group
Media, Charles Aigbe, expressed
his appreciation to the organisers of
the award for the recognition of the
unique role UBA is playing on the
African continent in driving financial
inclusion as well as supporting the
growth of critical sectors.
“Agriculture is pivotal to economic
development in Nigeria and all of
Africa. We are pleased with the rec-
ognition of our support to the sector.
Our expansion to Africa has not only
helped to diversify our earnings base,
it has provided us with the opportunity
to grow economies and partake in
the development of Africa. We thank
all stakeholders for their support and
are encouraged to do even more”
he said.
Frank Aigbogun Publisher, BusinessDay,
Nigeria’s leading business newspa-
per emphasised that the BusinessDay
Banking Awards is the product of a
rigorous process by BusinessDay’s
Research and Intelligence Unit,
designed to feed editorial and also
drive commercial research.
“Great institutions and leaders deserve
to be recognised to boost healthy
competition” Aigbogun said.
Akinwunmi Ambode, Governor
of Lagos State was represented
by Femi Pedro, former Lagos State
Deputy Governor who in his speech,
expressed that the banking awards
inspires excellence and dedication in
the industry. “Corporate governance
is critical and awards such as this drive
home this point. We thank BusinessDay
for painstakingly putting this event
together” he said.
BUSINESS
| MILESTONE
L-R: Mr Aigbe receiving the ‘Best Nigerian Bank
in Sub Saharan Africa’ award from Edwin Visser,
Regional Financial Director, Nigeria and Ghana,
Air France KLM
L-R: Group Head, Group Relations, Charles Aigbe receiving the ‘Best Bank in Support of Agriculture’ award
from Nike Akande, President, LCCI
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