Pan-African financial services group, United Bank for Africa Plc repeated the outstanding feat, it recorded last year at the 2nd edition of Nigeria CFO awards, with a notch higher when its Group Chief Finance Officer (Group CFO) and the Finance Team bagged the treble at the awards night held on November 19, 2016 at Oriental Hotel, Lekki Lagos. The bank won the following awards; CFO of the Year; Financial Innovation Project of the Year and Finance Team of the Year.
Ugo Nwaghodoh, UBA’s Group Chief Finance Officer was ahead of other nominees in the banking category, to emerge CFO of the year.
The Finance team of the year was also given to the finance division of UBA for their exceptional performance in the year under review, which the organiser say resulted in the bank emerging as one of the resilient performers in the Nigerian banking industry, despite the economic downturn.
Receiving the awards, UBA’s Group CFO, flanked by some of his colleagues, thanked the organizers for the recognition which is coming, second time in a row, noting that he couldn’t have done it alone and that he is delighted to be working with the best finance team in the Nigerian banking industry. He dedicated the awards to his team who he said work assiduously with the passion to always exceed expectations. Achieving a feat like this at a challenging period, only indicates that hard work and dedication truly pays. We are further encouraged by these awards but speaking the minds of my colleagues, this presents new challenges to us, as we will intensify our commitment towards setting benchmarks for the industry, particularly in our strategic roles beyond financial reporting and performance management , Nwaghodoh said.
Also speaking at the awards night, the Chief Executive Officer of Instinct Business magazine, Organisers of the CFO awards, Akin Naphtal, explained that CFOs are integral to the successes of organizations as their expansive financial perspectives help fuel growth. That is why we believe the achievements of financial executives who have been outstanding in their profession and have contributed in no small measure to the growth of their organisations and the economy at large, must be recognized and celebrated”.
The awards nights was a colorful gathering of CFOs from different industries, including, banking, Insurance, Telecoms, Pharmaceuticals, Construction, Investment Banking, Media broadcast, Conglomerate, Logistics & transport, and Public sector across Nigeria with many lauding the organizers for the rare initiative.
Mr Nwaghodoh, UBA’s Group CFO is a seasoned financial analyst and accountant with over two decades experience spanning assurance, advisory, financial control, strategy and business transformation, investor relations, mergers and acquisitions, business integration and project management. Prior to his appointment as Group Chief Finance Officer of UBA, he was at different times, Group Financial Controller, Group Chief Compliance Officer and Head – Performance Management in UBA. Before joining UBA in 2004, he had almost one decade experience with Deloitte and Pricewater house Coopers, both in Nigeria and Kenya.
He holds a BSc degree from the University of Ibadan, Nigeria and an MSc degree in Finance and Management from Cranfield University, England. He is a fellow of the Institute of Chartered Accountants of Nigeria and Institute of Credit Administration. He is also an Honorary Senior Member (HCIB) of the Chartered Institute of Bankers of Nigeria (CIBN), and a member of Cranfield Management Association.
In his capacity as GCFO, the Bank has sustained robust level of growth by consistently recording significant and enviable financial performance.
Introducing Zenith Bank Naira Giveaway [Details Attached]
Zenith Bank Plc is offering its esteemed customers a chance to win cashback up to N2000 when you use your Zenith Bank Naira Mastercard to perform a minimum of 5 transactions in this month of January.
Zenith Bank Flags Off Z-Woman Business Package, Offers N10m Loan At Single-Digit Interest Rate [DETAILS]
Zenith Bank Plc has introduced a new package for women called the Z-Woman Business Package.
The Z-Woman Business Package is designed to address the unique needs of women-owned businesses.
The package includes:
Loans of up t0 N10m at a single-digit interest rate
Free digital skills training
Free exhibition stands at Zenith Bank events.
To register, please visit www.zenithbank.com/zwoman
Access Bank, Wigwe Honoured At THISDAY Silver Jubilee Celebration
Access Bank and its Group Managing Director, Herbert Wigwe, were honoured as the ‘Bank of the Decade’ and ‘Banker of the Decade’ respectively by THISDAY Newspaper at its 25th-anniversary celebration held at the Eko Convention Centre, Lagos.
The silver jubilee celebration was witnessed by dignitaries including former Commonwealth Secretary-General, Emeka Anyaoku; Afenifere chieftain, Ayo Adebanjo; founder of Dangote Group, Aliko Dangote; Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari; and former Governor of Anambra State, Peter Obi.
Receiving the awards, Wigwe attributed his success to the collective effort of all employees of the Bank and customers, saying, “It is such an honour to be recognized by such a prestigious platform, renowned for its work in unbiased and qualitative reportage. This award is dedicated to all members of staff who have worked tirelessly to ensure the growth and success of the Bank and all its subsidiaries. Furthermore, we thank all 32 million of our customers who trust us as we continue our journey to being Africa’s gateway to the world”.
Over the past decade, Herbert Wigwe has overseen the growth of Access Bank, from a relatively small bank into Africa’s largest retail bank. Wigwe has closed a series of strategic high-profile mergers while pushing and driving participation in community-focused initiatives that have endeared the bank to its customers. Since the completion of its merger with Diamond Bank, Access Bank’s customer base has grown from about 13 million to 32 million.
With subsidiaries and rep offices in 13 countries – Ghana, United Kingdom, UAE, China, Lebanon, India, Sierra Leone, Gambia, Rwanda, Zambia, Congo, Cameroon and most recently Kenya – Access Bank continues to defy critics, strengthening its place as a powerhouse in the Nigerian and indeed African banking industry.
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