By LYDIA NGWAKWE

Access Bank has emerged the best performing stock in 2021 at the 2022 Nigerian Investor Value Awards (NIVA) organised by BusinessDay in collaboration with the Nigeria Exchange Group.

Mr Amaechi Okobi, Group Head, Communications and External Affairs, Access Bank, said this in a statement on Wednesday in Lagos.

The statement also said the Chairman, Board of Directors of the bank, Dr Ajoritsedere Awosika, emerged the ‘Board Chairman of the Year’ under the listed company awards category.

“Access Bank was named the best stock in the ‘Financial Services-Banking’ category for its exemplary performance and creating value on the Nigeria Exchange (NGX) compared to other quoted banks in the past year.

“Awosika was adjudged the best based on her outstanding leadership and business strategy during the period under review,” it said.

The Chief Executive Officer, NGX Ltd., Temi Popoola, represented by the Divisional Head, Capital Markets, Mr Jude Chiemeka, said the award by the Businessday Media Ltd. underlined Nigeria Exchange Group’s goal of promoting actionable and effective multi-stakeholder dialogue on issues central to a well-functioning financial system.

The Publisher, Businessday, Frank Aigbogun, said the NIVA, formerly known as the Top 25 CEOs Award, recognised the contributions of astute businessmen and women who toiled day and night to ensure the Nigerian economy grew.

He noted that the capital market had remained strong in the mix of the global realignment that was going on consequent upon the Ukrainian crisis.

The Nigerian Investor Value Awards recognises leaders of public and private companies, who have created sustainable alpha-generating value for their shareholders through their strategic priorities, operating efficiencies, organisational values, and market engagement activities.

The listed segment of the awards recognises stellar performance of the public companies creating value on the NGX based on criteria such as share price, dividend payments, sustainability, brand value, market leadership and business strategy against their peers in the year under review. (NAN)

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