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17.04.2012 Press Release

African Banker Awards head for home in 2012 under the High Patronage of the African Development Bank Group

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The organisers of the African Banker Awards have announced that the Awards ceremony will make its debut appearance in Africa. The African Banker Awards, one of Africa's most prestigious events for the banking and financial community, have in the past coincided with the annual World Bank/IMF meetings, but this year the committee have decided to 'take it home to Africa' and hold the ceremony under the High Patronage of the African Development Bank Group (AfDB). It will occur during their annual meetings in Arusha, Tanzania at the end of May.

The AfDB has been a continuous supporter of the African Banker Awards and Nkosana Moyo, a former Vice President of the Bank, has previously served on the Awards' judging panel.

Commenting on the AfDB High Patronage, Omar Ben Yedder, Publisher of African Banker magazine, stated: β€œThe African Development Bank Group has become the institution of choice for African affairs and continues to grow in stature and influence at a critical juncture for Africa. It is to be commended for the way it has led Africa through the financial crisis and worked to dampen the repercussions of the global economic crisis. Africa's survival of the credit storm has been keenly observed worldwide and the African Development Bank has certainly been part of the recipe for this achievement. The Bank is committed to the promotion of excellence in Africa's financial sector and has always been a strong supporter of the work we do for our events. We're honoured to increase our strong ties with the AfDB and are especially excited about hosting the Awards on home soil, which is where they belong.”

Now in its 6th edition, the African Banker Awards is a landmark annual event organised by African Banker magazine and IC Events in partnership with Business in Africa Events. It brings together over 300 key industry players and top government officials from Africa and around the world to honour the achievements of companies and individuals who have contributed significantly to the reform, modernisation and expansion of the continent's banking and financial system, driving Africa's sustained economic growth in the process.

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