Financial Services News

RMB recognised for financial services excellence | The Guardian Nigeria News

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Rand Merchant Bank Nigeria Limited (RMBN) has won the Business Day Merchant Bank of the Year award for the fifth consecutive year, Debt Capital Markets Bank of the Year award for the fourth consecutive year and Corporate Finance Advisor of the Year for the second consecutive year at the Banks & Other Financial Institutions Awards (BAFI). The BAFI Awards are regarded as the industry standard for banks and other financial services excellence in Nigeria.

Reflecting on the awards, CEO, Rand Merchant Bank Nigeria Limited, Dalu Ajene, commented, “Awards are always important markers for assessing the impact of delivering on strategy, supporting our clients, and creating sustainable value for our stakeholders. We are tremendously honored to be the leading Merchant Bank in the Nigerian financial industry. The awards are a testament to the excellent service and innovative solutions we deliver to our trusted clients.”

Publisher and CEO of Business Day, Frank Aigbogun, says, “These nominations are a testament to RMBN’s investment banking strategy, robust balance sheet, global distribution network, ability to attract the right talent, and staying on top of its game through changing economic cycles.”

The recent awards mark a continuation of RMBN’s stellar track record in the industry. Dalu Ajene adds, “RMB Nigeria was recently recognized at the Association of Issuing Houses of Nigeria Awards (AIHN) Ceremony within the M&A category as the Best M & A House and M & A Deal of the Year. We won the M&A Deal of the Year 2021 for Dolidol’s 100% acquisition of Mouka Limited. In addition to the M & A Deal of the Year, RMB Nigeria won the award for the Best M&A House. I am particularly proud of the team we have at RMB Nigeria that always demonstrates differentiated solutionist thinking and deep care in all engagements with our clients. We are proud of our successes, and we will continue to strive to be a committed partner to our clients and the industry at large.”

Head, Investment Banking Africa Regions, Rand Merchant Bank, Chidi Iwuchukwu commented, “We are honored by Business Day’s continued acknowledgement of the strides we are taking in the financial services industry. We take our commitment to remain a long-term partner and trusted adviser to our clients and stakeholders very seriously and look to live this in all our engagements.”



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