Wednesday, June 19, 2013 11:52
Ecobank Delivers On Corporate Social Responsibility
Ecobank-Liberia has stressed its continuous commitment to fulfill its corporate social responsibility to Liberians and its customers by distributing several assorted souvenir materials during the July 26, 2012 Independence Day celebration held at the Centennial Pavilion.
According to the Head of Domestic Banking, Mrs. Doreen McIntosh, the distribution of assorted materials during the independence celebration is part of the institution's corporate responsibility to Liberians apart from its prudent financial management operations.
Items distributed to beneficiaries included T-Shirts, coffee mugs, and ATM wallets to government officials, international guests as well as ordinary Liberians that thronged the Centennial Memorial Pavilion to grace the occasion.
Speaking during the distribution process, the head of Domestic bank at Ecobank, Mrs. Doreen McIntosh said it was imperative that the premier bank identify with Liberians during such celebration, noting that the gesture from the bank is part of giving profit back to Liberians in various ways.
“This is Ecobank's way of identifying with Liberians during such an occasion, but, more importantly, it is about fulfilling our corporate social responsibility to Liberians as we (Ecobank) are one of the major banking institutions in Liberia,” Mrs. McIntosh told beneficiaries.
In other remarks, the Head of Marketing and Communications Ms. Ivy Fairley told journalists that Ecobank-Liberia will always be responsive in their financial dealings and also strive to uphold their corporate responsibility obligations to Liberians in euphoric manner.
Ms. Fairley said the presence of Ecobank's staff during the country's 165th independence celebration was not impromptu, but, an initiative that the bank usually undertakes in their operational areas, adding, “We are here because of our customers and Liberians as a whole, so it is important that we always form part of such celebrations.”
During the distribution exercise, several beneficiaries lauded Ecobank for identifying with Liberians during such an occasion, noting that such worthy gestures symbolizes the bank's resolve to partner not only in the financial sector, but in every facet of the country's reconstruction.
“This is the only bank (Ecobank) and major financial institution that I see at the Executive Pavilion during the July 26, 2012 celebrations, we want other financial institutions and major companies to always identify with their host (Liberia) country in promoting such a unique occasion,” a beneficiary remarked.
Recently, Ecobank Transnational Incorporated (ETI) adjudged 2012 African Bank of the Year at the 6th edition of the African Banker Awards, held on the sidelines of the just-ended Annual General Meetings of the African Development Bank (AFDB) in Arusha, Tanzania.
According to organizers, the award snatched by Ecobank during the 2012 African Bank of the year award signifies ETI continued commitment to serve the financial needs of its customers in an effective manner in operational countries.
A dispatch from Arusha, Tanzania revealed that the highly rated Ecobank Transitional Incorporated won the 2012 award ahead of several competitors in the banking sector in Africa.
The transcontinental bank headquartered in Lome, Togo with a subsidiary in Ghana was said to have won the award due to its continued expansion across Africa as well as the recent $200 million investment agreement it signed with South Africa's Public Investment Corporation.
In more laurels for the bank during the year, its Group Chief Executive Officer Arnold Ekpe received the Lifetime Achievement Award at the event organized by the African Banker magazine, IC Events and Business in Africa Events.
Accordingly, the African Banker of the Year Award was snatched by the Managing Director of Nigeria's Guaranty Trust Bank, Mr. OlusegunAgbaje.
Best Regional Banks in Africa award were received by Attijariwafa Bank, Morocco (North Africa); BGFI, Gabon (Central Africa); Bank of Kigali, Rwanda (East Africa); Access Bank, Nigeria (West Africa); BCI, Mozambique (Southern Africa).
The Investment Bank of the Year was won by Renaissance Capital; Equity Bank in Kenya won the award for innovation in banking and MBCE bank group in Morocco won the socially responsible bank of the year, and GroupeBanquePopulaire, in Morocco won the award for financial inclusion.
Accordingly, Jinchuan's Acquisition of Metorex-Standard Bank Group won the award as a Deal of the Year; Senegal Sovereign Bond Issue-Standard Chartered Bank won the Best Bond Deal award; Citadel Capital, Egypt won the Investment Fund Private Equity Fund of the Year and Coris Bank International, Burkina Faso was awarded “Best Retail Bank in Africa.
Central Bank Governor of the Year Award was won by Mustapha KamelNabli, Central Bank Governor, Tunisia, and the Finance Minister of the Year award went to KerfallaYansané, Minister of Finance, Guinea.