The African Banker magazine named Esther Kariuki, head of agriculture business at the Co-operative Bank of Kenya, the African Banker of the Year award for 2023.

According to the African Banker, Esther has been a central figure in advancing agriculture as a key asset class for the Co-operative Bank of Kenya.

Not only a leader and role model, she was also responsible for considerably increasing lending to the agriculture sector and oversaw the roll-out of the platform Co-op Bank Soko, a digital marketplace that connects the agriculture value chain and ensures, among other things, that smallholder farmers receive a higher price for their produce.

Now in its 17th edition, the African Banker Awards celebrate the achievements of individuals and institutions that have contributed significantly to the growth and development of Africa’s banking sector over the past year.

“This year’s award ceremony is a testament not only to the vibrancy and dynamism of Africa’s banking industry but also its increasing diversity,” Ben Yedder, said Omar Ben Yedder, Committee Chairman and Group Publisher at IC Publications.

“The financial services industry continues to demonstrate excellence, innovation and impact in their respective markets and regions. FinTech, Climate Finance, and Cross-Border payments are all being shaped by the leaders we are recognising today.”

Full list of African Banker Awards 2023 winners

Banker of the Year

Ms Esther Kariuki, Co-operative Bank of Kenya

Bank of the Year

Afreximbank

African Banker Icon

Miguel Azevedo, Citi

Lifetime Achievement

Mr. Hisham Ezz Al-Arab, Commercial International Bank

Central Bank Governor of the Year

Harvesh Seegolam, Bank of Mauritius

Minister of Finance of the Year

Hon. Enoch Godongwana, South Africa

Sustainable Bank of the Year

Nedbank, South Africa

DFI of the Year

Afreximbank

Fintech of the Year

MFS Africa

SME Bank of the Year

La Caisse des Dépôts et Consignations – CDC

Deal of the Year – Debt

Harmony Gold Company syndicated multi-tranche, multi-currency, loan facility of US$400m and R4bn – Absa&Nedbank

Deal of the Year – Equity

US$298m Infinity Energy equity investment and Lekela Power acquisition – Africa Finance Corporation

Deal of the Year – Agriculture

US$78m funding facility for the Southern Oil Structured Commodity Finance Transaction – Absa

Deal of the Year – Infrastructure

US$900m debt funding facility for Scatec Solar PV plus Battery Storage Project – Standard Bank

Regional Bank of the Year – North

Bank of Africa

Regional Bank of the Year – Southern

Zambia National Commercial Bank (Zanaco)

Regional Bank of the Year – East

CRDB Bank

Regional Bank of the Year – Central

Trust Merchant Bank

Regional Bank of the Year – West

Vista Bank

AFAWA Bank of the Year Award

Letshego, Nigeria


 

IK is a Masinde Muliro University graduate. His interests are in news and analysis on women's rights, politics, technology, law, and global affairs.

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