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Zenith Bank wins African Bank of the Year award

Ayeleso Oladele, Lagos - 09.11.2007

ZENITH Bank Plc. on Wednesday bagged the African Bank of the Year award for its impressive growth and investment strategy.

Other African banks, funds managers and institutional investors swept the board at the awards ceremony held at the Lagos Civic Centre with accolades showered on them for their success in financing record breaking investments last year.

Local fund managers, Helios Investment Partners, took home the Venture Capital Deal of the Year award for its innovative backing of the multi-country telecoms operator, AfricaTel.

The awards for leadership showed Nigeria’s business talent in full glory, as Stella Okoli, Chief Executive Officer of Emzor Pharmaceuticals, was awarded the Businesswoman of the Year Award, and Alhaji Aliko Dangote, Chairman of the Dangote Group, received the Award for African Business Leader.

Chairman of the judging panel, Dr Bamanga Tukur, said: “Africa clearly now has the resources, both human and financial, to compete and deliver successfully on groundbreaking ventures. The evidence of African private sector finance taking the lead in complex deals is a great step forward for the region and I am delighted that so many home-grown companies feature among this year’s award winners.

“Africa today is gaining experience and capital from the international investment arena and bringing that expertise back home to plough into local markets. I extend my warmest congratulations to the winners.”


   
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