African Banker Awards 2012 by Karishma Mehta

AFRICAN BANKER AWARDS 2012

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Welcome Omar Ben Yedder Publisher, African Banker magazine

Good to be home

It is with great pleasure that we welcome you to the sixth edition of the African Banker Awards and we are proud to hold them for the first time on African soil. The rationale previously was to say to the world that Africaâ&#x20AC;&#x2122;s time has arrived and that this was evident through the many successes we were seeing emerging throughout the continent. That point still needs to be emphasised. But we made a decision to come home to Africa and really drum our message and make the world come to us to see with its own eyes the challenges and opportunities which this continent is facing. And holding the awards during the African Development Bank annual meetings was an easy decision. I have personally followed the activities of the Bank and have lived the transformation this institution has seen in the past nine years since I have been going to its meetings. It is now undoubtedly the institution of choice in terms of African development and growth, both as a thought leader and often the first institution to offer assistance, support and capacity to deal with any local, national or international shocks, be it the financial and resulting economic crisis of 2008 or the Arab Spring, which inevitably impacted the local economies of North Africa. We are here tonight to recognise some of the continentâ&#x20AC;&#x2122;s leading banks and financial institutions. The financial sector is one of the driving forces in Africa and instrumental to delivering

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on its promise and much unrealised potential. And having read every entry that was submitted, we can see that the banking industry in Africa is rising to this challenge. It is doing so by creating blueprints and setting new benchmarks. The hotly contested Deal of the Year category made for fascinating insights into the economic activity which is taking place across the continent. The Banker of the Year category painted an equally fascinating story, showcasing some of the brightest and most dynamic individuals we have today working on African soil. The CSR entries have considerably evolved. Where once financial institutions contented themselves with making donations, they are now encouraging their staff and colleagues to engage with the communities and are working to develop sustainable and replicable initiatives. These are truly positive signs all round. On these occasions it is often important to observe that all the nominees and indeed the majority of our entries point to an industry which itself is winning, from more competition, higher standards and higher benchmarks. We salute you all and we truly believe that a strong financial sector which reaches out to all segments of the economy will play a transformational role. And it is unfolding in front of our own eyes. Once again, we thank you for your presence and wish you all a wonderful evening.

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Welcome Anver Versi

Editor, African Banker magazine

Nimble minds, sure footwork

That we are staging the 6th African Banker Awards on African soil (Arusha, Tanzania) under the patronage of the African Development Bank is perhaps a sign of the times. It reflects a new confidence in Africa’s ability to stand on its own two feet despite, or perhaps because of, the swirling and often perplexing changes taking place in the world around it. While rock-hard certainties in the Western world have been melting into doubts and insecurities, Africa’s footholds, alongside those of other emerging regions, have become firmer and more assured. But Africa’s economic and financial sure-footedness over the past decade owes everything to the nimble minds of the men and women behind the institutions that oversee progress. The ability of Africa’s banking leaders to assess situations, adapt strategies to fit circumstances and execute those strategies with speed and resolution has been truly remarkable. I have interviewed scores of financial leaders for the African Banker magazine and the one aspect they all have in common is that most of them see their roles and activities in the round, as part of the general economic and social landscape of the continent. They have refused to accept the ‘me first and the devil take the hindmost’ attitude that characterised so many Western bankers and which

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brought centuries-old institutions crashing around their heads. Long may our financial leaders hold fast to their principles of service above self. Of course there have been exceptions. Selfishness, greed and myopia are equally distributed around the world and we have had our fair share, but there is no question that the majority of our bankers and other financiers have set exemplary standards. In our latest issue we published a riveting interview with the outgoing chief executive of Ecobank, Arnold Ekpe. I hope you had the chance to read it and also to view the equally absorbing BBC ‘Hardtalk’ programme with him in the hot seat. Ekpe, I believe, exemplifies the best in Africa’s banking leadership – vision, steely determination, ability to adapt and adopt, speed of wit and action, readiness to change course when necessary, bristling with innovative ideas, very comfortable with advanced technology and yet modest, and totally in love with all things African. Ekpe, like most of the leaders you will meet during these awards, has imbibed wisdom from all four corners of the earth, but they remain essentially African. Their success is the success of Mother Africa. Her children are leading her towards a bright new day. That is what the African Banker Awards are all about; that is what we are celebrating.

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New World Nigeria

The world is new. Africa’s economic growth over the next few years is expected to outpace the G7 countries by a factor of 2. This year, the eyes of the world will be on the London Olympics. This provides the ideal stage to showcase the best of Nigeria’s culture, sport and diverse investment opportunities. This is not a one-way street; businesses have the opportunity to team up with the Nigeria Olympic Committee and the Bank of Industry to boost Nigerian exports and attract investment to Nigeria, by supporting Nigeria’s showcasing agenda, championed by President Goodluck Ebele Jonathan. For sponsorship and registration, please contact:

The General Manager Strategic Planning, Corporate Communications and Corporate Secretariat Bank of Industry Limited 23 Marina Lagos Telephone: 271 5088 or 0807 923 5084 email: wolagunju@boinigeria.com

The London showcase highlights:

London, as the world’s financial capital, will attract unprecedented global attention, including more than 200 CEOs of the world’s leading companies during this year’s Olympics. The Dorchester Hotel is hosting our High Level Business and Investment Summit which will present an excellent platform for projecting Nigeria to the international community as one of the world’s most vibrant markets and best investment destinations.

Surrey Conference and Showcase G-Live, Surrey 15 July – 17 July 2012

At the Theatre Royal in Stratford, we are combining the energy of Nigerian Sport and Culture with distinctive exportable Nigerian products. The best of Nigerian Music, Film, Drama, Fashion, Food, Art and Literature will include a dynamic music concert in Stratford Park.

A four-day celebration of Nigerian civilization and culture in Surrey where our Nigerian athletes will be camped first, precedes the London showcase. Here we will highlight how Nigerian and UK entrepreneurs can enter rapidly opening-up opportunities in both countries.

MPIC CO LY

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Sport and Cultural Exchange Theatre Royal, Stratford 20 July – 12 August

GER I A O

High Level Business and Investment Summit Dorchester Hotel 30 July – 1 August

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Official Patron

African Development Bank Group

The African Development Bank (AfDB) is Africaâ&#x20AC;&#x2122;s premier development finance institution dedicated to combating poverty and improving living conditions across the continent. The AfDB is also engaged in mobilising resources for the economic and social progress of its Regional Member Countries (RMCs). The Bankâ&#x20AC;&#x2122;s mission is to promote economic and social development through loans, equity investments and technical assistance. The AfDB finances projects in infrastructure, agriculture, health, education, public utilities, transport, telecommunications, industry and the private sector.

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Through its private sector window, the African Development Bank supports private initiatives and provides financial assistance for commercially viable projects. Bank financing is provided to private enterprises and financial institutions in the form of term loans, equity and quasi-equity investments, guarantees, underwriting and loan syndication. The Bank also extends lines of credit to private financial intermediaries, especially commercial banks, investment banks and development finance institutions.

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Complete Credit and Risk Management Proud Sponsor of the African Banker Awards

Credit Analysis and Management: • • • • • • • • • •

Financial Statement Analysis Microfinance Management Debt Recovery Risk Rating Automation Rating Model Administration Portfolio Management Collateral and Exception Tracking Streamlined Credit Workflow Relationship Management Executive Reporting

CreditQuest™ is a suite of software products that provides integrated and easy-to-use solutions that are built around the unique needs of credit and lending management. It brings financial analysis, portfolio management, executive reporting, rating model administration and workflow management together in a collaborative, scalable system. CreditQuest improves efficiency throughout the entire credit lifecycle, centralizes data, automates routine tasks and contributes to overall credit risk management.

www.harlandfinancialsolutions.com/AB2

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Two Banks 35 Countries 2,000 Branches One Experience The African Alliance that provides local business intelligence and tailored banking solutions www.EcobankNedbankAlliance.com

Nedbank Ltd Reg No 1951/000009/06, 135 Rivonia Road, Sandown, Sandton, 2196, South Africa. We subscribe to the Code of Banking Practice of The Banking Association South Africa, and for unresolved disputes, support resolution through the Ombudsman for Banking Services. We are an authorised financial services provider. We are a registered credit provider in terms of the National Credit Act (NCR Reg No NCRCP16).

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Programme

Wednesday 30 May, 2012 18.30–22.00hrs Frangipani Gardens. Arusha, Tanzania

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18.00

Registration

18.30

Cocktail Reception

19.15

Doors open

19.30

Awards Ceremony starts Welcome Remarks

19.40

1st Set of Awards: • Most Innovative Bank • Best Retail Bank in Africa • Best Bond Deal • Deal of the Year • African Banker Icon • Central Bank Governor of the Year • Lifetime Achievement

20.30

Dinner and Entertainment

21.30

2nd Set of Awards • Socially Responsible Bank • Award for Financial Inclusion • Investment Fund/Private Equity Fund of the Year • Investment Bank of the Year • Best Regional Bank in Africa • Finance Minister of the Year • African Banker of the Year • African Bank of the Year

22.30

Closing Remarks

22.40

Group Photo

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Judges KOOSUM KALYAN Chairman, EdgoMerap Pty Ltd (London) Koosum Kalyan is Chairman of EdgoMerap Energy Services in London, as well as a non-executive director of MTN Group Ltd, Standard Bank Group, Petmin Mining, Hayleys Energy Services, South African Mint and Bank Note Subsidiaries of the South African Reserve Bank. She is also a Director of the Tällberg Foundation in Sweden and Chairman of the Thabo Mbeki Foundation. She currently serves on the President’s International Investment Advisory Council in Togo and she previously served as Private Sector Liaison on Tony Blair’s Commission for Africa, Chair of the G8 Anti-Corruption Committee, and Advisory Council member of the CBC. She worked for 17 years for Shell from 1990, in charge of several portfolios both in London and South Africa. ADE ADEBAJO Advisor Ade Adebajo has over 20 years of global financial markets experience with 14 years direct experience in originating, structuring and executing transactions in African capital markets. He joined Standard Chartered Bank in 2002 to set up the Africa Fixed Income business and headed the capital markets origination team for Africa. Prior to joining Standard Chartered, he spent two years on the high yield/emerging markets desk at Tradition (UK) Ltd. He is a frequent speaker and panellist at emerging market conferences, and is often consulted by central banks, multilateral agencies, capital market authorities and other members of the official sector for policy advice on developing African capital markets. ZEMEDENEH NEGATU Managing Partner Ernst & Young Ethiopia, Head of Transaction Advisory Services Eastern Africa Zemedeneh Negatu is Ernst & Young’s Managing Partner for Ethiopia and the Head of Transaction Advisory for Eastern Africa. For several years, Zemedeneh has served on Ernst & Young’s Africa board and as a member of the international firm’s

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Global Partner Council. He has advised clients extensively across Africa in various sectors including financial services, airlines, telecoms, manufacturing and agro-industry. Frequently invited to high profile international gatherings, Zemedeneh has spoken at the New York Stock Exchange, the Saudi-East African Business conference, at the Corporate Council on Africa summit in Washington and at the Harvard Business School. TOM MINNEY Editor, African Growth Partners Ltd Tom Minney has run capital markets and businesses for over 19 years in Africa and specialises in finance, business strategy and communications. His experience includes General Manager of the Namibian Stock Exchange (in a period of fast growth); a founding member of the SADC Committee of Stock Exchanges; investment banking and private equity; helping set up an innovative investment firm in Ethiopia; and working with fair trade and other companies on strategy and capital raising. He advises on capital markets strategy and is a writer, analyst, journalist and speaker. He edits www.africancapitalmarketsnews. com and writes for a range of magazines. CHRISTOPHER HARTLAND-PEEL Principal, Hartland-Peel Africa Equity Research Christopher Hartland-Peel has worked exclusively on sub-Saharan Africa since 1990 and has maintained a database of African companies and stock markets that is, most probably, one of the most comprehensive databases on African listed companies dating back to 1990. He has worked extensively in emerging markets – with the IFC in Washington DC, the AfDB and USAID, and Standard Bank and Exotix in London. In the 1990s he was based in Nairobi, working on privatisation and financial market development, where he realised there was little or no effective research done on sub-Saharan stock markets. He has written a book, African Equities: A Guide to Markets and Companies, published by Euromoney.

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Master of Ceremonies ALAIN LE NOIR CEO Finances Sans Frontières Alain Le Noir graduated in banking and finance. After working in a French bank for 13 years he joined the Training Centre of the Banking Industry in France before relocating to Africa. In his capacity as General Delegate, he directed training courses for 25 countries in Africa and the Indian Ocean. Since 1997, he has been Director General of Finances Sans Frontières, a vocational training and banking consultancy that he founded in Togo. He is also the founder of the International Confederation of Graduates of the Technical Institute of Banking. For 20 years he was the Executive Secretary of the Club of the Directors of Banks and Credit Institutions in Africa, which he founded in 1989.

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HENRY BONSU Broadcaster Henry Bonsu is a British-African journalist and broadcaster. He has worked for, or appeared on, some of the world’s biggest broadcasters, including the BBC, Sky News, Al Jazeera, Vox Africa, Press TV and BET. He joined the BBC as a producer on Radio 4’s ‘Today’ programme and ‘Black Britain’, then as a presenter on Radio 5 and for BBC London. For the last 10 years he has worked mainly in the independent sector, writing for The Voice, Evening Standard, Guardian, Times, Daily Mail and Independent. He helped to launch Colourful, an independent African-owned soul music and speech radio station. Henry also presents ‘Shoot The Messenger’ on Vox Africa, and ‘Africa Today’ on Press TV.

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Platinum Sponsor

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Mediterranean Smart Cards Company (MSCC), a member of EMPH group, is the leading electronic payment card processing company in the African continent. MSCC provides high quality, smart payment card processing services to banks across Africa’s emerging markets. MSCC’s headquarters are located in Egypt, and the company has recently opened its first branch office in Nigeria. This contributed dynamically and greatly to the growth of the company, positioning it as the strongest electronic card processor in Africa. MSCC Services: MSCC offers a comprehensive range of state-of-the-art, outsourced issuing and acquiring processing services for smart card transactions. MSCC’s services include: Initial Support

Services; Support for Card Procurement & Card Personalisation; Card Issuer Processing; ATM Acquiring; POS Acquiring; Chargeback; Interbanking; and 24-hour call centre. MSCC also offers the following cutting edge solutions: Mobile banking, loyalty & reward programmes, fraud analyser, Visa money transfer, VPay, installment, collection, Verified by Visa, internet banking, SMS notification and E-statements.

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Sponsors

Gold Sponsor

Silver Sponsor

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The Bank of Industry (BOI) is Nigeria’s oldest and most successful Development Finance Bank. It was reconstructed in 2001 out of the Nigerian Industrial Development Bank (NIDB) that was incorporated in 1964. At inception, the bank’s share capital was £2 million. The International Finance Corporation which produced its first Chief Executive Officer held 74% of its equity along with other domestic and foreign private investors. The Bank’s current authorised share capital is N250 billion ($2.119 billion). In the last five years the Bank has witnessed unprecedented expansion in its credit operations

without compromising the quality of its investments and posted impressive financial returns. The cumulative value of fresh loans and investments rose by 1066.3% from N9.8 billion to N114.3 billion between 2005 an 2010. The percentage of its annual lending to MSMEs reached 96% by 2010. The Bank’s efficiency also improved remarkably. The Portfolio at Risk declined from 65% in 2005 to less than 21% in 2010. The industry average in Nigeria is 32.8%. The development effectiveness of BOI’s operations has been remarkable as cumulative jobs created have exceeded 1,000,000.

Harland Financial Solutions Worldwide Limited is an indirect subsidiary of Harland Clarke Holdings Corp. providing credit risk management software and related services to banks and financial service providers around the world. Its premier risk management solution, CreditQuest, is a suite of software products that provides integrated and easy-touse solutions built around the unique needs of credit management. It brings financial analysis, portfolio management, executive reporting,

rating model administration and workflow management together in a collaborative, scalable system. CreditQuest improves efficiency throughout the entire credit lifecycle, centralises data from many sources, automates routine tasks and contributes to overall credit risk management. The solution comprises five key products that can be deployed as a full suite or individually, depending on the specific needs of the organisation.

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Sponsors

Cocktail Reception Sponsor

The Ecobank Nedbank alliance is the largest banking network in Africa, with 2,000 branches in 35 countries. It was formed in 2008 by Ecobank, which has a presence in more African countries than any other bank in the world, and the Nedbank Group, as one of the big four in South African banking, with a focus on operations in the Southern African Development Community. The alliance offers Ecobank and Nedbank clients a ‘One Bank’ experience across Africa. It provides tailored banking and business advisory solutions to clients, with a view to growing and doing business in Africa.

This alliance has created a true pan-African champion. It represents a win-win solution for its clients by providing access to the largest geographic banking footprint in Africa. Ecobank currently operates across 30 countries in sub-Saharan Africa, and Nedbank is one of South Africa’s leading banks. No other banking group can currently match this alliance. It represents not only a commitment to Africa, but also a commitment to providing world-class service across the countries in which it operates. Both Ecobank and Nedbank share similar values and have extensive local knowledge of doing business across Africa. Together they form the African Champion Banking Network.

Category Sponsor

Giesecke & Devrient (G&D) is a leading international technology provider headquartered in Munich, Germany. With a workforce of over 10,000 employees, the Group generated sales of €1.7 billion in fiscal 2010. Founded in 1852, G&D is a global market leader and pioneering innovator in banknote production and processing, security documents, and identification systems. It supplies commercial

banks, business enterprises, network operators, and public transportation companies with innovative hardware, comprehensive software and services, and end-to-end solutions for mobile security applications. Its 61 subsidiaries and joint ventures in 32 countries ensure customer proximity worldwide.

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Sponsors

AFRICA FINANCE CORPORATION

Associate Sponsors

Africa Finance Corporation (AFC) is a private sector-led international organisation established by treaty between independent sovereign states, domiciled in Nigeria with activities across continental Africa. Current membership includes Nigeria, Ghana, Guinea-Bissau, Guinea, Sierra Leone, The Gambia and Liberia. The AFC was established in 2007 to fill a void in infrastructure project structuring expertise and available risk capital

with $1 billion fully paid equity capital. The corporation provides competitive products and services across the complementary areas of principal investing, financial advisory services, project development and technical advisory. The AFC operates in five target sectors: power, oil and gas, transport, telecommunications and heavy industry. The corporation also uses its liquidity to support trade finance transactions.

Africa Re Banque Internationale Arabe de Tunisie (BIAT) was established in 1976 through the merger of the local branches of the British Bank of the Middle East and Société Marseillaise de Crédit. The largest private commercial bank in Tunisia and one of the largest in the Maghreb, BIAT has been a continuous innovator and pioneer in terms of its services and products. Listed on the London Stock Exchange since 1998, BIAT is the first bank in Tunisia and the second in Africa to have successfully subordinated a loan on the international markets in 2004. Having the Mabrouk group as the main shareholder has allowed BIAT to increase its growth momentum and to develop a new mode of governance and a strategic development plan.

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The African Reinsurance Corporation is the premier regional reinsurance institution dedicated to the African continent but open to selected markets in Asia and the Middle East. It conducts business in more than 60 countries and territories in this broad region, with a physical presence through operating offices in eight locations. The Corporation directly and through its wholly-owned subsidiaries has developed expertise in offering security to its clients in this unique region, with strong capitalisation and A-grade international ratings to support its bespoke reinsurance solutions.

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Sponsors

The African Export-Import Bank (Afreximbank) was established in Abuja, Nigeria, in October 1993 by African governments, African private and institutional investors as well as non-African investors for the purposes of financing and promoting intra- and extra-African trade. The Bank was established under the twin constitutive instruments of an Agreement signed by member

states and multilateral organisations, which confers on the Bank the status of an international organisation; as well as a Charter, governing its corporate structure and operations, signed by all Shareholders. The authorised share capital of the Bank is $750 million. The Bank is headquartered in Cairo, Egypt, and has branch offices in Harare, Zimbabwe, and Abuja, Nigeria.

Air Charter Logistics has established itself as an international leader, within the currency industry, in the field of aircraft charter; air freight and logistics for the transportation of finished banknotes; coins; banknote paper and currency production equipment. Our range of services comprises providing Full and Part charters; Commercial air freight; Security escorts; Inland carriage; Customs clearance and documentation; Ground Handling and Secure storage. Air Charter Logisticsâ&#x20AC;&#x2122; strong commitment to delivering reliable, flexible and cost effective

solutions around the clock has enabled us to successfully evolve into an esteemed partner to our clients in the high security currency industry, which includes National Banks as well as Printing and Minting works through-out Africa. As a highly competent air charter provider with long-standing experience dedicated exclusively to the currency industry, unique solutions are tailored to our clientsâ&#x20AC;&#x2122; needs, comprising of high standards of security, visibility and efficiency not currently found in the market.

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Profile Bank M

Bank M started operations in July 2007 with a clear focus on extending the best of Corporate Banking services to large family-owned businesses and Private Banking services for the promoters and their families. The bank was the first to bring to the Tanzanian and East African Banking industry full service banking from 8am to 8pm from Sunday to Sunday at all the branches and remains to date the only bank in Africa offering Service Standard Guarantees with assured quality and time standards in service

delivery across the various products and services of the bank. On the back of these customer care initiatives, the bank has been able to grow its business significantly faster than the market and reach the position of Top 10 ranked on Total Assets among the 45 banks in the country. With its growing size and lending capabilities and superior delivery standards, the Bank has positioned itself as the Preferred Bank for the large business families in the region.

Partner

BusinessinAfrica Events is a leading UK-based business communication company specialising in live events, public relations, media relations and reputation management for corporate clients, regulatory agencies and governments with a focus on Africa. BiAE provides an interface between Africa and the rest of the world. It offers precise planning, strict budgetary

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control, excellent logistical preparation, attention to detail, unrivalled regional networks of contacts and a top quality database, extensive industry experience, good information flow and the best on-site management. BiAE has experience of organising and hosting live events in the US, the UK and various African countries.

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Summit Africa Debt Capital Markets

The latest opportunities for issuers and investors 2nd AFricA debT cApiTAl mArkeTs summiT 2nd July, london sTock ExchAngE

2011 has been the strongest year for African debt capital markets since the financial crisis in 2007. As well as sovereign and multilateral issuers, a broader range of corporate issuers including financial institutions are increasingly turning to the debt capital markets to fund capital intensive investments and expansion plans. The improved quality and diversity of African bonds, along with favourable yields, macroeconomic growth and relative political stability, have attracted international investors’ appetite for Africa’s growingly profitable financial markets. By showcasing current opportunities, the 2nd Africa Debt Capital Markets Summit will highlight market progress since last year as well as identify future trends. Network with • • • • •

Find out about • •

the latest developments and opportunities first-hand accounts about current and prospective issuers and investors

Platinum Sponsor

• • • •

Sovereign and Corporate Issuers Finance Ministers Central Bank Governors Capital market regulators Institutional Investors (Banks, Insurance Companies, Hedge Funds, Pension Funds, etc.) Investment Banks Credit Rating Agencies Legal Advisors Financial Advisors

Organisers

To discuss sponsorship opportunities please contact Tibor Fuchsel: +44 (0) 20 7841 3232 or t.fuchsel@africasia.com For content related matters please contact Erika Atzori: +44 (0) 20 7841 3238 or e.atzori@africasia.com

Partner

Produced by

Springwood Capital ®

www.springwoodcapital.com

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Complete Credit and Risk Management

2nd Quarter 2012 Issue 20 An IC Publication

Ecobank’s Arnold Ekpe

Legendary banker says farewell

Proud Sponsor of the African Banker Awards

Credit Analysis and Management:

African Banker is the only pan-African magazine dedicated to banking in the continent. Launched in 2007, African Banker reflects Africa’s rapidly growing finance and banking sectors. Africa’s major banking groups have performed superbly over the past years and – despite the economic crisis – are still rising high. African Banker informs you about the people and institutions who pull the strings of Africa’s banking and finance industries. • • • • • • • • • •

Africa owns the next 30 years: Citadel’s Ahmed Heikal

Mauritius central to African growth: Finance Minister Xavier-Luc Duval

Banking in West Africa: A review Majority of S Africans now ‘financially included’

www.harlandfinancialsolutions.com/AB2

African currencies in hot demand

Eurozone €8.00, UK £5.50, USA $9.95, CFA Zone CFA5.000, Egypt E£40, Ethiopia R100, Gambia da100, Ghana Gh¢10.00, Japan ¥1400, Kenya KShs500, Kuwait Kd2.500, Mauritius MR300, Morocco dh60, Nigeria N1000, Singapore S$14, South Africa R59.95 (inc tax), other Southern African countries R35 (excl tax), Switzerland SFr15.00, Tanzania TShs10,000, Tunisia Td5.000, UAE dh30, Uganda USh15,000, Zambia K30,000

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Édition française

BANKER

Dossier RD Congo Un tournant pour les investisseurs

POTENTIEL & PERSPECTIVES

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FACE À LA CRISE IC Publications has over 50 years experience in publishing magazines, newsletters, country supplements, industry reports and market intelligence on Africa. With over 2.6 million readers in more than 100 countries, our publications are the region’s undisputed market leaders. Both our distribution network and reach are unrivalled, in terms of scope, numbers and quality. Our readers and clients represent the elite from business, political and academic circles. These are people who have influence over the direction of their countries and companies. With its vast experience in the field of communications, public relations and contract publishing services, IC Publications offers a onestop-shop solution to serve all its clients’ needs.

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Diaspora Diminuer les tarifs des transferts de fonds

N°10 | Janvier - Février - Mars 2012 • France et zone Euro 8€ • Zone CFA 5 000 F.CFA • Algérie 600 DA • Tunisie 7 000 TD • Maroc 60 Dh

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About the Awards

Celebrating Excellence in African Banking and Finance

The awards are designed to recognise the reforms, rapid modernisation and expansion of banking and finance in Africa. They identify and reward those who have been instrumental in instituting excellence and best practices in the African financial services sector, broadcasting their achievements to the world. We have 19 awards this year. The categories for the African Banker Awards are chosen to recognise the key banking fields and initiatives that form the make-up of the African banking world. The awards honour the outstanding achievements of companies and individuals in the financial sector who have changed the perception of Africaâ&#x20AC;&#x2122;s potential in domestic and international markets. They have created new financial opportunities for citizens and communities all over the continent and inspired new generations of bankers who are shaping Africaâ&#x20AC;&#x2122;s future.

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Every year we see the quantity and quality of entries increase, testifying to the readiness of African banks and financial institutions to showcase to the world the good work they have been doing. This yearâ&#x20AC;&#x2122;s nominees are notable for representing a much wider geographical spread of the continent, notably French and Portuguesespeaking Africa. A selection committee made up of our editorial board in consultation with institutional partners involved in Africa and our broader network of experts throughout the continent shortlisted nominees for the eligible categories. A distinguished and independent judging panel, known and respected for their banking and financial expertise on the African region, subsequently selected the winners.

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Categories and Nominees

NOMINEES MOST INNOvATIvE BANK

This award goes to the African bank that has demonstrated original and practical uses of technology to provide customer convenience, better and cheaper services, and greater access to the financial services industry in Africa.

BEST RETAIL BANK IN AFRICA

The winner of this category will have expanded its retail services through new products, new facilities, and a wider consumer network, and improved access to financial services, particularly savings and checking accounts, mortgages, personal loans, and debit/credit cards. The bank’s application should demonstrate strong corporate governance and its wider corporate social policy impact on the community it serves.

• • • • •

BEST BOND DEAL

This award goes to the biggest and/or most innovative bond deal of the year in Africa. The bond deal may provide a template for such future transactions and will have highlighted new opportunities and raised country sector or regional investment profiles, or some other innovation in bond deal financing within Africa.

• AFREXIM Bank Bond – Commerzbank • Eskom Bond – JP Morgan • Republic of Namibia: Debut Sovereign Eurobond – Standard Bank Group/ Absa Capital • Republic of Senegal: Sovereign Bond Issue – Standard Chartered Bank • Sea Trucks Group, pre IPO Convertible Bond – Absa Capital

DEAL OF THE YEAR

The winning deal will have highlighted new opportunities and raised sector or regional investment profiles. The judges will consider the size, complexity and impact in terms of changing perceptions of Africa as a place to do business.

• Acquisition of Oceanic Bank – Ecobank (ETI) • Acquisition of stakes in Pepkor and Premier – Rand Merchant Bank • Jinchuan’s Acquisition of Metorex – Standard Bank Group • Rift Valley Railways – Citadel Capital • Syndicated Oil – Export Backed Facility “SEPLAT Petroleum” – AFREXIM

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• • • •

Access Bank, Nigeria Equity Bank, Kenya FirstBank of Nigeria Money Express, Senegal Stanbic Bank, Uganda

Banque Populaire, Morocco Coris Bank International, Burkina Faso Diamond Bank, Nigeria Millennium BIM, Mozambique National Bank of Egypt

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Categories and Nominees

NOMINEES AFRICAN BANKER ICON*

The ‘Icon’ category is awarded to an individual or institution for their outstanding contribution in the field of business, banking and finance. They are chosen by the awards committee who will have noted excellence in their area of expertise and for their work in helping to change the perception of Africa as well as contributing to the establishment of best global practice in the continent. This award in the past has been given to outstanding individuals such as Dr.Ngozi Okonjo-Iweala, who needs no introduction, Adebayo Ogunlesi, one of Wall Street’s most eminent financiers and Arunma Oteh of the Nigeria Securities and Exchange Commission.

To be announced at the event*

CENTRAL BANK GOvERNOR OF THE YEAR*

This award goes to the central bank governor who has best reformed, stabilised and grown their markets.

To be announced at the event*

LIFETIME ACHIEvEMENT AWARD*

This award goes to the African banker who throughout his or her career has done the most to strengthen and promote banking in Africa.

To be announced at the event*

The panel of judges will be seeking concrete examples of projects and initiatives within the institutions that have had a sustainable impact on the communities they are geared towards. The award is aimed at companies that go beyond the philanthropic use of funds to use their overall knowledge, resources and reputation to improve the lives of the less advantaged in society.

• • • • •

SOCIALLY RESPONSIBLE BANK

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BMCE Bank Group, Morocco Equity Bank, Kenya Guaranty Trust Bank, Nigeria Millennium BIM, Mozambique Nedbank Group, South Africa

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Categories and Nominees

NOMINEES AWARD FOR FINANCIAL INCLUSION

This year, this category has been widened to include more than just microfinance. The winner will have best succeeded in delivering financial products and services to wider parts of society, particularly to the most disadvantaged and lowincome segments, ultimately contributing to financial inclusion, development and growth.

• Banque Rwandaise de Développement (BRD), Rwanda • Banque Populaire, Morocco • BRAC, Tanzania • Equity Bank, Kenya • Trust Merchant Bank SARL, DR Congo

INvESTMENT FUND/ PRIvATE EqUITY FUND OF THE YEAR

This award goes to the investment fund or private equity fund that has shown outstanding performance in terms of return, reach and impact.

• • • • •

African Development Corporation Citadel Capital Emerging Capital Partners (ECP) Standard Chartered Bank – Private Equity Silk Invest

INvESTMENT BANK OF THE YEAR

The winner will have changed the landscape of investment banking and finance by encouraging and increasing deal and transaction flow in the continent, and by delivering pioneering solutions for investors and African clients alike.

• • • • •

Citi Bank J.P. Morgan Renaissance Capital Standard Bank Group/Stanbic Bank Standard Chartered Bank

BEST REGIONAL BANK IN AFRICA*

This award goes to a bank operating either across a specific region or in one country within a region (North, East, South, West or Central Africa). The winner will have excelled in the banking industry in their region by reaching out to new customers, offering new services, adopting inclusiveness by bringing the unbanked into the banking space, making use of new technologies and contributing to a stronger financial sector.

To be announced at the event*

*Winners of these categories will be chosen through consultations with multilateral agencies and the African Banker editorial team with its panel of experts.

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Categories and Nominees

NOMINEES FINANCE MINISTER OF THE YEAR*

This award goes to the African minister of finance who has most improved the finances and the economy of their country.

To be announced at the event*

AFRICAN BANKER OF THE YEAR

Through their leadership and vision, the winner will have overseen strong financial performance within their organisation and will have successfully guided their institution to new heights in the industry. This can be demonstrated in the form of new best business practices, expansion into new markets, new services and adoption of new technologies for customer convenience, and protection mechanisms.

• Aigboje Aig-Imoukhuede, Managing Director, Access Bank, Nigeria • Amadou Kane, Président Directeur Général, Banque Internationale pour le Commerce et l’Industrie du Sénégal (BICIS), Senegal • Bisi Onasanya, Group Managing Director & CEO, FirstBank of Nigeria • James Benoit, CEO & Executive Director, AfrAsia Bank, Mauritius • Olusegun Agbaje, Managing Director, Guaranty Trust Bank, Nigeria • Othman Benjelloun, Chairman and CEO, BMCE Bank Group, Morocco • Pa Macoumba M. Njie, Managing Director, Trust Bank, The Gambia

AFRICAN BANK OF THE YEAR

This award goes to the bank in Africa that has demonstrated a high performance across various metrics. It will have considerably changed the banking landscape by reaching out to new customers, offering new services, adopting inclusiveness by bringing the unbanked into the banking space, making use of new technologies, and helping to drive growth through a stronger financial sector.

• • • • • • •

Access Bank, Nigeria Attijariwafa Bank, Morocco Ecobank (ETI), Togo Equity Bank, Kenya FirstBank of Nigeria Standard Bank Group, South Africa Standard Chartered Bank, South Africa

*Winners of these categories will be chosen through consultations with multilateral agencies and the African Banker editorial team with its panel of experts.

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22/05/2012 13:05

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