| Urhobo Historical Society |
Cecilia
Ibru Wins Banker of the Year Award
By Seun Adesida
Culled
from:
Sunnews on
Line
Thursday, March 16, 2006
This
is indeed a season of awards
for Oceanic Bank International Plc as its Chief Executive Officer, Dr.
(Mrs.)
Cecilia Ibru, MFR last weekend bagged the Banker of the Year award in
an event
organized by Global Excellence Communications Limited, Publishers of
Global
Excellence, a frontline magazine in Nigeria.
The Federal Ministry of Transport, had also
last
weekend, honoured Oceanic Bank
International Plc, as
the Best Transport Friendly Bank, among other financial institutions.
The Minister of Transport, Dr. Abiye Sekibo in a letter to the bank stated that
Oceanic was so honoured because of its
commitment to the development and
growth of the transport sector.
The bank was also applauded for its contribution to the growth of the
real
sector of the economy.
The bank�s Chairman, Olorogun Michael Ibru was also honoured
by the
Federal Ministry of Transport for his contributions to humanity and the
economy
in general.
While receiving the Banker of the Year award on behalf of the bank�s
Chief
Executive, Mr. Niyi Adeoye,
General Manager, strategic planning, thanked the management of Global
Excellence for the award and assured that Oceanic Bank would continue
to offer
excellent banking services, that is
unparallel in the
industry.
He said that apart from the bank�s expansion programme,
which has increased its branch network to about 150 across the country;
the
bank has also upgraded its information communication technology (ICT)
infrastructure, in a view to rendering efficient and effective services
to its
customers.
With the successful integration with International Trust Bank (ITB),
Oceanic
Bank�s asset base plus contingencies have increased significantly to
N283.9
billion.
This huge asset base and its shareholders funds of N31.1 billion, has
further
consolidated the bank�s position as the fifth largest bank in Nigeria
and the
fastest growing among other financial institutions.
The consolidation with ITB has also expanded Oceanic Bank�s branch
network to
about 150, spread across the country�s six geo-political zones.