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FCMB Capital Markets Limited, the investment banking arm of FCMB Group Plc, has been adjudged the ‘Best Local Investment Bank in Nigeria’ at the 2014 African Banking Awards, organised by EMEA Finance magazine.
The company, in a statement on Tuesday, said the award recognised its outstanding achievements over the past year, having supported the successful execution of landmark transactions of major corporate organisations across various sectors of the Nigerian economy through the provision of capital raising and advisory services.
The Executive Director of FCMB Capital Markets, Mr. Tolu Osinibi, was quoted to have said at the awards ceremony held recently in London, United Kingdom, “This award further validates our strategic focus on consistently supporting our clients by providing objective, expert advisory and execution services, thereby helping them to become market leaders and increase shareholder value.”
He added, “Looking ahead in 2015, our promise remains to deliver the highest quality advice with discretion, integrity and insight.
“We will, therefore, proactively engage our clients to better understand how the current economic headwinds impact them, and assist them with crafting solutions that will help them get through this challenging period.”
The EMEA Finance African Banking Awards annually recognise financial institutions that have demonstrated leadership in their sectors, within their country and across the EMEA region, according to the statement.
The Editor of EMEA Finance magazine, Mr. Tim Burke, was quoted as saying, “We were greatly impressed with the in-depth submission and the variety of high-profile deals handled by FCMB Capital Markets, including project financing, DCM deals and acquisition funding.
“It’s a fantastic performance in a competitive market, and we hope the award is a welcome recognition of the hard work entailed.”
