By Amaka Agwuegbo
The Managing Director/CEO, GTB, Mr. Tayo Aderinokun, has won the 2009 African Banker of the Year Awards at the African Business Awards held at the World Bank/IMF Annual Meetings in Istanbul, Turkey, which is aimed at identifying and rewarding the leading banks and bankers so a to build a strong and vibrant African banking industry.
Organised by African Banker magazine and IC Events in partnership with BusinessinAfrica Events, the awards are designed to recognize the reforms, rapid modernization, consolidation, integration and expansion of African banking.
In the past five years, African banking has not only broken its national and regional shackles, but has also broken international boundaries, and has taken its first tentative steps outside the continent.
According to the organizers, â€œThe yearâ€™s awards identify the rising stars and the champions of the banking and financial industry in Africa, thereby honoring individuals and companies for their positive impact on the industry, their workforce as well as for their overall contribution to the development of the African continent.
â€œThe high participation of the African banks testifies their readiness to showcase to the world, the work they have been doing and highlight their successful results, excellent performance and innovative practices as well as their commitment to social responsibility and gender equality.â€
The African Banker of the Year awards went to Mr. Tayo Aderinokun, Managing Director/CEO, GTB Nigeria; African Bank of the Year, Ecobank-ETI; Best Local Bank in Africa, NBC, Tanzania; Most Innovative Bank; ABSA, South Africa; Socially Responsible Bank of the Year, Nedbank, South Africa; Investment Bank of the Year, Standard Bank, South Africa.
Others are Microfinance Bank of the Year, Equity Bank, Kenya; Deal of the Year, Nedbank Capital, Bakwena Refinance; Investment Fund/Private Equity Fund of the Year, Citadel; Lifetime Achievement Award, Paul Derreumaux, President, Group Bank of Africa, Mali.
Finance Minister of the Year, Dr. Youssef Boutros-Ghali, Minister of Finance, Egypt; Central Bank Governor of the Year, Tito Mboweni, Governor, South African Reserve Bank; Best Development Bank in Africa, African Development Bank, Tunisia, African Export-Import Bank, Egypt; and Best Global Bank in Africa, Barclays Bank.