|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.