Managing Director, Heritage Bank, Mr. Ifie Sekibo has pledged his bank’s determination to support the efforts of the Lagos State government in the twin areas of security and education.

He made this disclosure when he led the bank’s management on a recent visit to the governor in his Alausa Office Complex.

Mr. Sekibo said Heritage Bank had concluded plans to adopt one school in the state, under the Lagos State Government’s Adopt a School Programme.

The unnamed school, according to him, would benefit from the Bank’s complete turn-around package that would include facility upgrade, provision of learning aids and students motivation, among others.

He also promised that the Bank would be partnering with the state government on security matters by donating fund and equipment to the Lagos State Security Trust Fund.

While describing Heritage Bank as a bank keen on promoting the arts & entertainment industry, Mr Sekibo mentioned that the bank had already signed an MOU with the Nigerian Tourism Development Company (NTDC) and sponsored the virtual museum of the Lagos Business School to showcase Nigerian arts to the world. He added that the bank’s primary mission is to assist those who want to succeed to make it happen and those who have succeeded to preserve and transfer their achievements to future generations.

In his response, the Lagos State Governor, Babatunde Raji Fashola said he was happy to hear that Heritage Bank had put in place mechanism for depositors of trapped funds in the old SGBN to recover their money.

He noted that growth could only be measured through empowerment and sustainability and called on the bank to look at how to empower and lead in the effort to strengthen the mortgage sector as well as the small and medium scale businesses in the state.

While thanking the bank for its pledge to partner with the state government, Governor Fashola emphasised that the State had put in place adequate capacity to respond to emergency irrespective of who is to benefit.

As for the school adoption, I am very happy over your decision; who knows whether the school you are going to adopt could produce the next CEO of your bank, he noted.

The governor also pointed out that Heritage Bank’s support for preservation of historical sites is a welcome development.


Heritage Bank will increase wallet of business transactions with Lagos State Govt - George-Taylor
Akinola George-Taylor, Managing Director of Heritage Bank Plc, and his Team, paid courtesy visit yesterday to the Governor of Lagos, Babajide Olusola Sanwo-Olu, at the State House, Alausa yesterday.

The Managing Director of Heritage Bank, Akinola George-Taylor has disclosed that the bank would continue to increase the wallet of its business transactions with Lagos state government.  

He gave this assurance yesterday when he led a team of the bank on a courtesy visit to the Governor, Babajide Sanwo-Olu at the government house, Alausa, Ikeja.

George-Taylor commended Sanwo-Olu’s administration, whilst aligning with the great works in Lagos State.

“We are here to introduce ourselves as the new management of the Heritage Bank and being that we have had a relationship with the state (Lagos) for a number of years now, we felt it was necessary to come and present ourselves to the Governor; to say thanks for the business that we enjoyed with the government and that we align and commend the great work he is doing for Lagos State.

“And of course, as bankers, we want to try and increase our own size of the wallet of the business that we do with the government and to extend our best wishes to him and his government. It was a courtesy call to say thank you and wish him well in the next coming elections,” he said.

Speaking earlier, the Governor, Sanwo-Olu said his administration was poised to do more as it continued to play its roles in providing an enabling environment, improving the ease of doing business and being forward-looking in its dealings with financial institutions.

The governor also said that his administration will continue to ensure a mutually beneficial relationship with financial institutions in the State.

He said: “Lagos is the Centre of Excellence and the commercial, economic nerve centre, so we cannot but ensure that we have a very forward-looking mutually beneficial relationship with all of our financial institutions and of course, Heritage Bank is not an exception.

“I want to implore you and your team to be intentional and think something fresh; think something different that can indeed stimulate us. You can rest assured that we know how important it is to spread our businesses and to ensure that everybody gets a part of it knowing that you and your staff will also have a corporate responsibility on the Personal Income Tax component. It is expected that we will continue to play our roles and play our parts.”

Governor Sanwo-Olu congratulated the Managing Director and his new team on the huge and great responsibilities that shareholders and other stakeholders in Heritage Bank have reposed in them,” he said.