FBNQuest Wins Award

FBNQuest Merchant Bank said it emerged as winner of the Equity Deal of the Year category at the 2021 African Banker Awards. The award was in recognition of the key role the organisation played astheadviserontheprivatisationofAfamPowerPlcandAfamThree fast Power Limited for the Bureau of Public Enterprises on behalf of the National Council on Privatisation. Astatementexplainedthatthefeataffirmedtheorganisation’sstrong performance. The African Banker Awards has become one of the most respected and recognised industry events celebrating achievements in the African banking industry. FBNQuest Merchant Bank said it acted as theFinancialAdviser&ConsortiumLeadontheprivatisationofAfam Power and Afam Three Fast Power transaction. Thetransactionprovidedanopportunitytoaddtotheorganisation’s impressive portfolio and highlight its capabilities for the successful execution of sizeable transactions. Commenting on the award, the Group Executive/Head Investment BankingandOperations,PatrickMgbenwelu,said:“FBNQuestremains committedtoconsistentlyprovidingfinancialsolutionsthatwillenable ourclientstomakeadifference,andwearehonoredtoberecognized by the African Banker, which is a reflection of the quality of support we give our clients”.