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Contents aFriCan banKer 4th QUARteR 2008

united KinGdoM iC publiCations, 7 Coldbath square, london eC1r 4lq. tel: +44 20 7841 3210 adMin FaX: +44 20 7713 7898 editorial FaX: +44 20 7841 3211 e-Mail: iCpubs@aFriCasia.CoM www.aFriCasia.CoM

FranCe iC publiCations, 609 bat a 77 rue bayen 75017 paris tel: +33 1 44 30 81 00 FaX: +33 1 44 30 81 11 e-Mail: inFo@iCpubliCations.CoM www.iCpubliCations.CoM

CONTENTS

editorial Ditching orthoDoxies

aFriCan banKers world news in brief

star interview: arnold eKpe AfricA is where chinA wAs 20 yeArs Ago

new appointMents

star proFile: erastus aKinGbola hArD roAD to the top

Cover story tUrning the corner: A sUrge in foreign cApitAL

aFriCan banKer awards recorD entries for 2nD eDition

feAtUres

Co-op banK launChes ipo

Zain’s Mobile banKinG taKes oFF

proFile: stanbiC-CFC’s MiKe du toit

equity banK: proFits oF banKinG on the people

banKinG oMbudsMan Keeps the peaCe

Cops nail atM CrooKs

booK review conVersAtions with Altx entrepreneUrs

Group publisher: Afif Ben Yedder Directeur de la publication (benyedder@africasia.com) editor: Anver Versi editorial Consultant: Christian Udechukwu Correspondent-at-larGe Stephen Williams art direCtor : Carlo Nicolaou editorial assistant Carole Lambert

assoCiate Group publisher: Omar Ben Yedder (o.benyedder@africasia.com) advertisinG sales direCtors: Alya Assad Medrine Chitty Arthur Jones Saliba Manneh Nick Rosefield produCtion ManaGer Michael Messam (m.messam@africasia.com)

printers: Headley Brothers Ltd, The Invicta Press, Queens Road, Ashford, Kent, TN24 8HH. Indexed and abstracted in PAIS International and included in one or more of the Informartion Access Company full text reference databases. Microfilms available from Xerox University Microfilms, 399 N. Zeeb Road, Ann Arbor, Michigan 48106, USA. Indexed by UMI/Data Courier, PO Box 327770, Louisville, KY 40232-2770 USA.