The two new branches of Signature Bank have been launched officially in Abia state Umuahia and Aba respectively.
Speaking during the official opening ceremony of the two branches in Aba and Umuahia, Abia State Governor Alex Otti, reiterated that Abia under his watch would continue to be a business friendly state.
Governor Otti who emphasized that the decision by Signature Bank which was founded in Nigeria in 2022, to open two branches simultaneously in Aba and Umuahia is a pointer that the government is doing things right in the State.
He expressed optimism that many more businesses would be welcomed in the State in the months ahead following discussions his government has had with leading investors, who are very eager to take advantage of the economic promises of the New Abia.
The Governor also said that Abia remains open for all forms legal businesses as his government is determined to support investors to boost the State economy in line with his administration’s policy thrust of creating wealth and taking the people out of poverty.
Governor of Abia State, Dr. Alex Otti, delivering his speech during the official launch of Signature Bank.
”We can confidently say that Abia has become a strategic investment zone for business planing to tap into new frontier of opportunities”.
He used the opportunity to clarify that he is no longer a Director or member of the board of Signature Bank.
“I wish to state that until about eight months ago, I served on the board of Signature Bank as a pioneer non executive director and one of its founders until my present role. It’s also important to indicate that I had to resign before taking up the role I am occupying at this time. So, I am here not as a director or a founder but as the Governor of Abia State and a guest”.
Governor Otti added, “Our dear State has become a place of serious interest for investors including major foreign conglomerates on account of our active commitment to turning every part of the State into a major centre of enterprise. Our guiding philosophy as a government is firm on being proactive in decision making, cutting down barriers to enterprise success and answering the important questions of security , critical infrastructure and environmental sustainability”.
The governor said that he is proud that the Signature Bank, after about one year of its establishment has become a very important player in the Nigerian financial services industry and appreciated the Board and Management of the bank for believing in Nigeria and the limitless possibilities it holds and for heeding to the call of investing in Abia State.
In his speech, the Chairman of the Board of Signature Bank, Dr. Mutiu Summonu , represented by Mazi Uzoma Nwankwo, pledged that the bank would be a full and active participant in the drive by Governor Otti to transform Abia State to the best State in Nigeria .
“We understand the pivotal role small and micro scale entreprise play in driving the economic development. Our goal is to be a catalyst for their success , offering stable financial solutions to their growth and innovation.”
He thanked Governor Otti for coming to grace the occasion and the opportunity to invest in the State.
