Titan Trust Bank wins Deal of the Year Award, as CEO emerges Female Banker of the Year
Titan Trust Bank Limited (TTB) and its Managing Director/CEO, Dr. Adaeze Udensi, shone at the 2022 edition of the BusinessDay Banks and Other Financial Institutions (BAFI) Awards held on Saturday in Lagos.
While TTB won the ‘Deal of the Year’ award, for its recent acquisition of 105-year-old Union Bank of Nigeria in barely three years of its establishment, Dr. Adaeze was adjudged the ‘Female Banker of the Year’.
According to the organisers, BusinessDay Newspapers, the bank clinched the award in recognition of its drive and tenacity in overcoming significant obstacles, complexity, regulatory hurdles, and setting the tone for the market or laying a template for future transactions.
“When the deal was first announced’ many had wondered how a 3-year-old institution had found the daring, backing and deal-making leverage to acquire a venerable institution.
“The sheer stealth and scale of the deal is worthy of recognition. This is because the potential of this deal to fundamentally reshape the banking industry is not in doubt,” the newspaper said.
Receiving the award on behalf of the bank, Mr. Mudassir Amray, Union Bank’s Managing Director/CEO, said: “Recognitions such as this show that we are indeed doing something right, and I want to assure all our customers and stakeholders that we will continue to leverage on platforms and dedicated workforce to further strengthen our drive to the top.
“We promise to do all we can to ensure that our customers remain central to our decisions in every aspect and dimension of our remarkable organisation, and this is more than a clarion call to service excellence.
“We therefore dedicate this award to all our stakeholders including, customers, shareholders, board of directors, executive management and staff.”
