Coronation Merchant Bank has been named the best investment bank in Nigeria by the Global Finance Magazine.
According to a statement, the organisation, which named its 20th annual World’s Best Investment Banks in an exclusive survey, will publish the list in April.
The statement said winning organisations would be honoured at an awards ceremony on the morning of October 19, 2019 at the National Press Club in Washington, DC during the International Monetary Fund/World Bank annual meetings.
Coronation, in a statement on Monday, said while J.P. Morgan was honoured as the best investment bank in the world for 2019, it was recognised as the best investment bank in Nigeria.
Barclays, VTB Capital and DBS Bank got the recognition as best investment banks in Western Europe, Central; East Europe and Asia – Pacific regions, respectively.
The Group Managing Director/Chief Executive Officer, Coronation MB, Abu Jimoh, while commenting on the award, said, “We are delighted to be recognised as the Best Investment Bank in Nigeria.
“Our successes and achievements over the years are a reflection of the hard work and commitment of our members of staff, management and board in ensuring we maintain our core values of integrity, innovation and excellence in service delivery.
“This award affirms that we are on course to achieving our long-term goal of becoming Africa’s premier investment bank.”
The Bank said its achievements over the years led to numerous accolades in recognition of its excellent service delivery, provision of tailor-made solutions and good corporate governance.
It said in 2018, it received several national and international awards for product and service innovation and sound corporate governance practices, such as best investment bank in Nigeria by World Finance, fastest growing investment bank by Global Banking Finance Review, best investment bank by Global Business Outlook, best investment bank and fund managers by International Finance Magazine and best investment bank in Nigeria by business day.