We use cookies to provide you with the best possible online experience. Read our cookie policy.
MEDIA RELEASE
8 November 2022
Rand Merchant Bank Nigeria Limited lauded in financial industry awards
Merchant Bank of the Year; Debt Capital Markets Bank of the Year; and Corporate Finance Advisor of the Year
Rand Merchant Bank Nigeria Limited (RMB) has won the Business Day Merchant Bank of the Year award, for the fifth consecutive year.
Further to this, RMB has been awarded Debt Capital Markets Bank of the Year award, for the fourth consecutive year and Corporate Finance Advisor of the Year, for the second consecutive year at the Business Day Banking & Other Financial Institutions (BAFI) Awards. The BAFI Awards are regarded as the industry standard for banks and other financial services excellence in Nigeria.
Reflecting on the awards, Dalu Ajene, CEO, Rand Merchant Bank Nigeria Limited commented: “Awards are always important markers for assessing the impact of delivering on strategy, supporting our clients, and creating sustainable value for our stakeholders. We are tremendously honoured to be recognised as the leading Merchant Bank in the Nigerian financial industry. The awards are a testament to the excellent service and innovative solutions we deliver to our trusted clients.”
Frank Aigbogun, Publisher and CEO of Business Day said: “These nominations are a testament to RMB’s investment banking strategy, robust balance sheet, global distribution network, ability to attract the right talent, and staying on top of its game through changing economic cycles.”
The recent awards mark a continuation of a stellar track record in the industry. Ajene adds: “RMB Nigeria was recently recognised at the Association of Issuing Houses of Nigeria Awards (AIHN) Ceremony within the M&A category as the Best M&A House and M&A Deal of the Year. We won the M&A Deal of the Year 2021 for Dolidol’s 100% acquisition of Mouka Limited. In addition to the M&A Deal of the Year, RMB Nigeria won the award for the Best M&A House.
“I am particularly proud of the team we have that always demonstrates differentiated solutionist thinking and deep care in all engagements with our clients. We are proud of our successes, and we will continue to strive to be a committed partner to our clients and the industry at large.”
RMB's Head of Investment Banking Africa, Chidi Iwuchukwu, commented: “We are honoured by Business Day’s continued acknowledgement of the strides we are taking in the financial services industry. We take our commitment to remain a long-term partner and trusted adviser to our clients and stakeholders very seriously and look to live this in all our engagements.”
RMB has over 15 years of transactional experience in Nigeria ranging from advisory roles on infrastructure projects, execution of key M&A mandates, and provision of innovative and bespoke funding solutions for transactions across a range of sectors.
As part of the corporate & investment banking division of the FirstRand Group, the largest listed financial services group (by market capitalisation) in Africa, RMB business strategy leverages a market leading origination franchise to deliver an integrated value proposition to corporate and institutional clients in Nigeria and across Africa.
End
Contact:
Oluwayemisi Ogunbodede l RMB Nigeria l Oluwayemisi.Ogunbodede@rmb.com.ng
