PayTech

Mitchell Elegbe, Interswitch’s Founder won African Banker Icon Awards

Banker

Mitchell Elegbe, Interswitch’s founder has emerged as a winner in the African Banker Awards 2019. He was named as the African Banker Icon.

Other winners are Afreximbank, which won the Bank of the Year and the Trade and Development Bank’s President, Ethiopian Admassu Tadesse, won African Banker of the Year.

This year’s lifetime achievement went to former First Rand Group CEO, South African Sizwe Nxasana.

Egyptian Central Bank Governor, Tarek Amer won Central Bank Governor of the Year. Romuald Wadagni from Benin won Finance Minister of the Year.

Commenting on the impressive achievements of the banks and individuals shortlisted for 2019 awards, Omar Ben Yedder, Publisher of African Banker said: “We’ve been following the work of the financial services industry for many years. The sector over the years has seen great returns, and 2018 was another strong year for banks.

“Undoubtedly FinTech was the most buoyant sector in terms of tech investments and we are yet to truly see the transformative impact it can have. Despite the positive stories from the banking sector, the words of the winner of our Banker of the Year still resonate when he said last year at the Africa Investment Forum: we need to speed up, scale-up and synergise.”

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The awards, held under the patronage of the African Development Bank is sponsored by the African Guarantee Fund as Platinum Sponsor, the Bank of Industry as Gold Sponsor and Coris Bank as Associate Sponsor. The Host Sponsor this year was Banco Nacional de Guinea Ecuatorial.