First Bank of Nigeria Ltd. has won ‘Best Private Bank in Nigeria’ and ‘Best Private Bank for Sustainable Investment in Africa’ at the 2024 Global Finance annual awards.
This was disclosed in a statement on Wednesday by Group Head, Marketing and Corporate Communications, First Bank of Nigeria Ltd, Folake Ani-Mumuney.
Ani-Mumuney said the ninth annual World’s Best Private Banks Awards for 2024 held at the Harvard Club of New York on March 21.
Receiving the awards, Idowu Thompson, Group Executive, Private Banking and Wealth Management, FirstBank, said the institution was honoured for being Best Private Bank in Nigeria and Best Private Bank for Sustainable Investment in Africa.
Thompson said both awards revealed FirstBank’s enduring commitment to continuously creating value by strengthening financial awareness and driving inclusiveness in “customers journeys from wealth creation, growth, preservation and its orderly transfer”.
“We are delighted with the impact we have made in putting our customers first as this has played a very vital role in enabling their successes and contributing to national development.
“These awards are dedicated to our esteemed customers. We reaffirm our continued dedication to continuing to improve and delivering excellence in banking,” he said.
Founder and Editorial Director of Global Finance, Joseph Giarraputo, praised FirstBank’s experience and excellence.
“Private banking is an art as well as a science in which knowledge of economic and financial trends are paired with a deep understanding of client needs.
“Global Finance’s Private Bank Awards highlight institutions that deliver both,” he said.
He said that Global Finance Private Bank Awards honoured financial institutions that best served the specialised needs of high-net-worth individuals as they seek to enhance, preserve, and pass on their wealth.
Previous awards won by FirstBank include: Best CSR Bank in Nigeria 2024 by Global Banking and Finance; Most Innovative Digital Bank, 2024- Nigeria by Digital Banker Africa.
Others are the Most Innovative Banking Brand in Nigeria 2023 by Global Brands Awards; Financial Institution of the Year 2023 by Afrexim Bank; and Best Corporate Bank in Nigeria 2023 by Euromoney Awards for Excellence.
The FirstBank Private Banking business model was revamped in January 2023 on the back of a stellar performance in 2022.
This was to consolidate its position and maintain its pride of place as the leading Private Bank in Nigeria with distinct product offerings covering investment advisory, wealth management, asset management and lifestyle solutions.
The bank has remained consistent in reinventing itself, enabling success through the years of its existence for the last 130 years, responding to diverse changes and seizing global opportunities.
Amidst a rapidly evolving global landscape, First Bank of Nigeria Ltd. has demonstrated exceptional leadership in integrating sustainable practices into its banking operations.