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Access Bank has emerged tops amongst highly rated West African companies in a rating by Forbes Magazine and Africa Business News (ABN Productions), the parent company of the pan-African financial and business channel, CNBC Africa. The list of the ‘Top Listed 25 West African Companies’ was made public at a special award ceremony organized by Forbes Africa in Lagos recently.
The ceremony tagged “The Top Listed West African Companies” to celebrate the success of risk takers and job creators in the West African region had notable African Leaders and Regulators in attendance. Speakers at the event include the Chief Executive Officer, Nigerian Stock Exchange, Mr. Oscar Onyema, and Managing Editor, Forbes Africa, Mr. Chris Bishop.
Access Bank ranked 11th on the list of top 25 companies in the West African capital markets comprising the Nigerian Stock Exchange, Ghanaian Stock Exchange and the Abidjan-based Bourse Régionale des Valeurs Mobilières SA (Regional Securities Exchange SA) or BRVM. This is a validation of the Bank’s status as a financial powerhouse on the African continent.
Specifically, the award hosted by Pan-African Event Company, ABN Productions and Forbes Africa Magazine is an initiative aimed at encouraging organisations to strive for sustained excellence.
“The event is the first of a series of awards organised by ABN Productions with broadcast partner CNBC Africa and will bring together successful high opportunity listed West African companies that operate across a variety of sectors in the current economic climate” .
Analysts are of the opinion that the emergence of Access Bank as one of West African top 25 listed companies is an impressive account of the transformation journey embarked upon by the institution about 10 years ago. According to them “This is another incontrovertible evidence of the success of Aig-Imoukhuede driven transformation of Access Bank from a lowly rated Nigerian financial institution occupying 69th position in industry ranking to a financial institution of global reckoning”.