The Group Managing Director of Access Bank PLC and Chairman, Body of Bank CEOs, Mr. Herbert Wigwe, has received the Juris Law Award, in recognition of his outstanding contributions to Corporate Governance and Rule of Law in Nigeria’s Banking Industry.
Mr. Wigwe was presented with the Award in Abuja on Tuesday by the Chief Justice of Nigeria, Ibrahim Tanko Muhammad at the 2021 Judges Workshop on Banks and Other Financial Institutions Act (BOFIA) 2020.
Accepting the award, Mr. Wigwe stated that he was honoured to be so recognised.
He said that through innovative banking initiatives and its underlying sustainability drive, Access Bank will continue to create shared value for all its stakeholders and strike a balance between competitive advantage and corporate social responsibility.
Also honoured with an award on the occasion was the Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele.
The Juris Law Award honours leaders who are taking significant steps towards promoting economic growth in Nigeria, through deepening Institutions, Corporate Governance and Rule of Law.
Messrs Wigwe and Emefiele have partnered in the creation of several positive socio-economic initiatives such as the Creative Industries and Financing Initiative – a loan scheme developed to provide access to long-term and low-interest financing for entrepreneurs in Nigeria.
In addition, the two banking icons, along with Aliko Dangote, President of Dangote Group, spearheaded the formation of the Coalition Against COVID-19 (CACOVID) – a vehicle created to lead corporate Nigeria’s support for the federal government’s fight against the deadly virus. The coalition funded the successful establishment of response centres, acquisition of medical equipment, supplies and food palliatives for vulnerable Nigerians.
The 2021 Judges Workshop on Banks and Other Financial Institutions Act (BOFIA) 2020 focused on reforms and the statutory requirements imposed by CBN on all banks and other financial institutions in Nigeria to adopt policies on anti-money laundering and combat the financing of terrorism and cyber security issues in Nigeria.
The workshop was attended by top political, judicial and corporate leaders, including the Attorney General of the Federation and Minister of Justice, Abubakar Malami, President of the Court of Appeal, Justice Monica Dongban-Mensen, Chief Judge of the Federal High Court, Justice John Tsoho, former Chief Justice of Nigeria and Ex-Chairman, Board of Governors, National Judicial Institute, Hon. Justice Mahmud Mohammed as well as other high ranking judicial officers and legal luminaries.