Written By Dedeigbo Ayodeji
Posted By Admin
Published By Fitness Network Communications
Access Bank has emerged the best performing stock in 2021 by the Nigeria ExchangeLimited (NGX).
The Bank earned this recognition at the 2022 Nigerian Investor Value Awards (NIVA)organised by BusinessDay in collaboration with the Nigeria Exchange Group.
Also,Chairman, Board of Directors of the Bank, Dr Ajoritsedere Awosika emerged as the‘Board Chairman of the Year’ under the listed company awards category.Access Bank was named the best stock in the ‘Financial Services -Banking’ categoryfor its exemplary performance and creating value on the NGX compared to otherquoted banks in the past year.
Similarly, Awosika was adjudged the best based on heroutstanding leadership and business strategy during the period under review.
The Nigerian Investor Value Awards recognises leaders of public and privatecompanies who have created sustainable alpha-generating value for their shareholdersthrough their strategic priorities, operating efficiencies, organisational values, andmarket engagement activities.
The listed segment of the awards recognises stellar performance of the publiccompanies creating value on the Nigerian Stock Exchange based on criteria such asshare price, dividend payments, sustainability, brand value, market leadership andbusiness strategy against their peers in the year under review.
Chief Executive Officer, Nigerian Exchange Limited, Temi Popoola, who wasrepresented by the Divisional Head, Capital Markets, Mr. Jude Chiemeka, said theaward by the Businessday Media Limited underlined Nigeria Exchange Group’s goal ofpromoting actionable and effective multi-stakeholder dialogue on issues central to awell-functioning financial system.
The Publisher, Businessday, Frank Aigbogun said the NIVA, formerly known as theTop 25 CEOs Award, recognises the contributions of astute businessmen and womenwho toil day and night to ensure the Nigerian economy grows.
He noted that the capitalmarket has remained strong in the mix of the global realignment that is going onconsequent upon the Ukrainian crisis.
The NIVA award is a further affirmation of Access Bank’s leadership in promotingsustainable banking practices, financial inclusion, and the diversification of localeconomies through altruistic CSR initiatives that have impacted the lives of manypeople