Pan-African financial services group, United Bank for Africa (UBA) Plc, repeated the feat it recorded last year at the second edition of Nigeria CFO Awards, with a notch higher when its Group Chief Finance Officer (CFO), Ugo Nwaghodoh, and the Finance Team bagged the treble at the awards night held on November 19, 2016 at Oriental Hotel, Lekki Lagos.
The bank walked away with the CFO of the Year, Financial Innovation Project of the Year and Finance Team of the Year awards.
Nwaghodoh won ahead of other nominees in the banking category to emerge CFO of the year.
The finance team of the year was also given to the finance division of UBA for their exceptional performance in the year under review, which the organiser say resulted in the bank emerging as one of the resilient performers in the Nigerian banking industry, despite the economic downturn.
Receiving the awards, Nwaghodoh, flanked by some of his colleagues, thanked the organisers for the recognition which is coming, second time in a row, noting that he couldn’t have done it alone and that he is delighted to be working with the best finance team in the Nigerian banking industry.
He dedicated the awards to his team who he said work assiduously with the passion to always exceed expectations.
“Achieving a feat like this at a challenging period only indicates that hard work and dedication truly pays. We are further encouraged by these awards but speaking the minds of my colleagues, this presents new challenges to us, as we will intensify our commitment towards setting benchmarks for the industry, particularly in our strategic roles beyond financial reporting and performance management,” Nwaghodoh said.
Chief Executive Officer of Instinct Business magazine, organisers of the CFO Awards, Akin Naphtal, explained that CFOs are integral to the successes of organisations as their expansive financial perspectives help fuel growth.
That is why we believe the achievements of financial executives who have been outstanding in their profession and have contributed in no small measure to the growth of their organisations and the economy at large, must be recognised and celebrated,” he said.
