Agribank triumphs - Diamond Arrow at PMR Africa awards

26 Feb 2019

Agribank scooped the prestigious Golden Arrow Award at the annual PMR Africa awards held in Windhoek on Monday. Awarded in the Leaders and Achievers – Agricultural Finance category, the award was given to Agribank for being one of the companies and institutions doing the most in their sectors over the past 12 months to stimulate the economic growth and development of Namibia. Agribank achieved a rating of excellent as determined by a random, national sample of respondents comprising chief executive officers, managing directors, business owners, company directors, managers and senior government officials based in Namibia.

Commenting on the award, Agribank CEO Sakaria Nghikembua expressed appreciation for the award noting that the Bank continues to make transformational in-roads in a very difficult operating environment. “As a Bank, we need to be resilient in the most testing of times, ensure financial sustainability and demonstrate exemplary corporate governance whilst making sure that we serve our mandate, that of being the catalyst for the transformation of the agricultural sector,” stated Nghikembua.

The vision, integrity, values and competence and empathy that contribute to ethical and sustainable business practices are measured meticulously. PMR Africa conducts a survey annually to measure companies, institutions, government entities and individuals on their contribution to the economic growth and development of the country, levels of management expertise, implementation of corporate governance and levels of innovation.

The PMR Africa awards are considered as the equivalent of the “Corporate Oscars” in Namibia. Corporate heavyweights rubbed shoulders at a business breakfast in Windhoek on Monday whilst waiting with bated breath as their ratings on various key performance indicators by fellow professionals were revealed. Through the awards, PMR Africa acknowledges contributions, initiatives, strategies, efforts and hard work of corporates in Namibia. The awards are aimed at, amongst others, enhancing excellence, setting a bench mark in the industry and acknowledging the contributions of businesses and employees.

Issued by:
Sakaria Nghikembua
Chief Executive Officer

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