Thursday, October 14, 2010

Bbumba wins African Bankers award

Bumba giving a speech at the function
Bumba giving a speech at the function
FINANCE minister Syda Bbumba has been named Minister of Finance of the Year at this year’s African Banker Awards for her role in reducing inflation and instituting sound fiscal and monetary policies.

Bbumba’s win underscored a night of celebration for East Africa’s banking industry, as the region exulted in the successes of its achievements. Dr. James, Mwangi, the managing director of Kenya’s Equity Bank, was named African Banker of the Year.

He was credited for revolutionising Kenya’s banking industry, pioneering the first mobile banking technology in the world to reach out to the unbanked, and for championing the empowerment of ordinary people through inclusive finance.

Ethiopia joined winners for the first time since the inception of the awards, with Amhara Credit and Savings Institution taking home the Microfinance Institution of the Year Award.

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