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Senator Obanikoro made the commendation while receiving the Bank's Group Managing Director/Chief Executive, Dr. Barth Ebong, who paid him a courtesy call in his office in Accra, Ghana recently.
He appreciated Union Bank for being the pioneer of investment banking in Ghana when it bought over the Home Finance Company and renamed it HFC Bank (Ghana) Limited, and noted that conservatism had helped the Bank to weather the storm, making it stronger in the face of emerging challenges.
He congratulated Dr. Ebong for the Africa Leadership Award conferred on him and said the visit was very special in the light of his long relationship with the Bank as a former staff, stressing that the Bank contributed to his accomplishments in life by paying his scholarship to higher education. Ambassador Obanikoro said he was proud of the Union Bank family and prayed God would continue to bless Nigeria with leaders like Dr. Ebong, who had made indelible marks in the sand of time.
Earlier, Dr. Ebong stressed that Union Bank was well established in every sphere of the financial services industry, with all its subsidiaries emerging leaders in their different areas of operations. He highlighted the Bank's contribution to the national economy, especially the development of the real sector of the economy through its immense support for agriculture and small and medium scale enterprises, as well as its involvement in big ticket transactions.
Dr. Ebong also revealed that Union Bank pioneered the expansion of Nigerian banks in the West African sub-region, especially in HFC, adding that the Bank was on the verge of raising more money from the capital market.
Dr. Ebong was recently conferred with the prestigious Dr. Kwame Nkrumah Excellence in Enterprise Award in Accra, Ghana, by West Africa International, a leading sub-regional magazine.
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