London-based International Finance Magazine has conferred the 2014 award for ‘Best Managed Bank’ in Angola to Standard Bank. The award was presented on November 18 by the honourable Lord Sheikh, Baron Sheikh of Cornhill, House of Lords; Sheikh Bilal Khan, UK Catalyst at UKTI and Co-Chairman of Dome Advisory and Peter Meyer, CEO, Middle East Association at a gala dinner in the ball room of the Jumeirah Carlton Tower in London.
Standard Bank has a 152-year history in South Africa and started building a franchise in the rest of Africa in the early 1990s. The bank currently operates in 20 countries on the African continent, including South Africa, as well as in other selected emerging markets.
Standard Bank Angola, on receiving the award, said: “It is with great pleasure that we receive such an award. This award represents the effort and dedication the Angolan team has put in order to guarantee what is today a successful organisation with motivated employees and satisfied clients.”