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Stanbic IBTC Bank to showcase Nigerian economic potential
22 February 2012

Investors' ability to target opportunities in Nigeria will be enriched considerably at the forthcoming Stanbic IBTC Bank Investors 2012 Conference in Lagos. The conference's theme is "Nigeria: Bucking the trend?". 

Stanbic IBTC Bank is a member of Standard Bank Group Limited. 

The conference is aimed at allowing policy makers unpack the transformation and economic reform agenda of the Jonathan administration, with a view to deciphering how the country will move forward in the wake of the financial crisis engulfing the European economies albeit a stuttering resurgence in the US economy. 

Insight on various economic issues would be provided by key speakers such as the Minister for Agriculture, Dr Akinwunmi Ayo Adesina; Minister for Power, Prof Bart Nnaji; Director General, Securities & Exchange Commission, Ms Arunma Oteh and Chief Executive Officer of The Nigerian Stock Exchange Mr Oscar Onyema. 

Mr Atedo Peterside, the Chairman of Stanbic IBTC Bank Plc and Cadbury Nigeria Plc, is expected to give a welcome address at the conference. 

The conference, which is built on the successes recorded in the previous editions, will attract institutional investors from across the globe to meet with most of the top rated corporate companies in West Africa, over three days. 

Stanbic IBTC Bank's Executive Director, Corporate and Investment Banking, Mr Kayode Solola, says the overall objective of the conference is to facilitate investment in the Nigerian economy by providing a platform for direct exchange of information between the public and private sectors, on one hand, and fund managers and participating Nigerian companies, on the other.

This will provide the investment managers opportunities, to meet, network and draw comfort on where they have investments in, or where they hope to make investments. 

He says that, in the aftermath of the global economic crisis, Nigeria and Africa have emerged as markets of interest to both international and local investors who seek value in emerging and frontier market. 

"The conference is therefore designed to provide these investors the opportunity to harness the potentials that abound in well run and highly-rated West African companies. The conference is structured to allow one-on-one meetings between executive management of selected top rated corporates in West Africa and the invited investors." 

Executive Director of Stanbic IBTC Stockbrokers Limited, the stockbroking subsidiary of Stanbic IBTC Bank, Mr Dele Sotubo, adds that the 2012 conference is expected to bring together over 150 institutional investors who will interface with more than 50 leading companies in Nigeria, Ghana and Togo, and also policy makers in these countries. 

The conference has become an annual event in investors' calendars, he says. Though the forum has been established as the go-to-conference for investors in sub-Saharan Africa since the first edition held in 2010, Stanbic IBTC Bank will continuously seek new ways of enriching this conference with a view to enhancing Nigeria's overall socio-economic development. 

For more on Stanbic IBTC Bank visit www.stanbicibtcbank.com. 

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