UBA, First Bank win The Banker's awards in London

The Banker Magazine, a publication of Financial Times, has named United Bank for Africa Plc (UBA), the ‘Bank of the Year’, Africa while FirstBank, was announced the winner of the “Bank of the Year in Nigeria 2012” at a ceremony held at the ballroom of the Intercontinental Park Lane Hotel, London.

The award is regarded as the industry standard for banking excellence and nominees were judged by their ability to deliver shareholder returns and gain strategic advantage in terms of market visibility and positioning.

According to a statement by The Bankers, “The ‘Bank of the Year’ is selected based on the overall performance of the financial institution and the opinion of leading financial analysts from the world’s financial markets. Winners were recognised and presented with awards in the presence of over 450 leading bankers across the globe”.

The awards were received by the Bank’s Deputy Managing Director, Mr. Kennedy Uzoka; Managing Director, UBA Cameroon, Mr. Georges Wega; Managing Director, UBA Capital Europe, Mr. Ebele Ogbue, and Head UBA Representative Office Paris, DeMontalivet Edouard.

Folake Ani-Mumuney, FirstBank’s Head of Marketing & Corporate Communications, also received the award plaque from Paul Wallace, Africa Editor of The Banker and Michael Buerk, a former Cable Network News (CNN) Correspondent and Award Host.

The award ceremony, now in its 13th edition, celebrates the success and major achievements of the world’s leading financial institutions. It was attended by leading players in business and finance circles.