FBNQuest Merchant Bank said it emerged as winner of the Equity Deal of the Year category at the 2021 African Banker Awards.
The award was in recognition of the key role the organisation played as the adviser on the privatisation of Afam Power Plc and Afam Three fast Power Limited for the Bureau of Public Enterprises on behalf of the National Council on Privatisation.
A statement explained that the feat affirmed the organisation’s strong performance.
The African Banker Awards has become one of the most respected and recognised industry events celebrating achievements in the African banking industry.
FBNQuest Merchant Bank said it acted as the Financial Adviser & Consortium Lead on the privatisation of Afam Power and Afam Three Fast Power transaction.
FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, emerged as the winner of the Equity Deal of the Year category at the 2021 African Banker Awards.
The award was in recognition of the key role the organisation played as the adviser on the privatisation of Afam Power Plc and Afam Three fast Power Limited for the Bureau of Public Enterprises on behalf of the National Council on Privatisation. This affirms the organisation’s strong performance as a leading Investment Bank. The African Banker Awards has become one of the most respected and recognised industry events celebrating achievements in the African banking industry. The organisers of the award, this year put emphasis to recognise and reward institutions that contributed to the real economy which has suffered from the impact of COVID-19 as well as contributed to women empowerment on the continent.
Standard Bank Group was on Wednesday named African Bank of the Year by a leading publication in recognition of the banking giant’s achievements in fighting the Covid-19 pandemic and empowering women. African Banker (https://bit.ly/2T1pgvl) magazine
Innovation and resilience common themes amongst winners of African Banker Awards 2021 africanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africanews.com Daily Mail and Mail on Sunday newspapers.
The executive
In the African corporate community, the name Tony Elumelu rings loud as one of the top five multi-sectorial big players in the continent’s economy. Originally a banker, Elumelu, who plays big in the Nigerian economy, regional economies and notable in the global terrain, is breaking grounds in sectors unrelated to his core skills as a banker. He holds sway at the commanding height of various sectors including banking, hospitality, power, oil and gas, health and philanthropy. In this interview with Arise News, the broadcast arm of THISDAY Newspapers, Elumelu, who is the President of Heirs Holding Ltd and Chairman of United Bank for Africa Plc, speaks on a wide range of issues in the economy, investment, power sector, entrepreneurship, amongst others. Nume Ekeghe, Chris Paul and Nosa Alekhuogie bring the excerpts: