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Alliance Bank Changes its Name

Steven Duncan, Managing Director, Alliance & Provident Bank
“The board had to sit down and type up these names, go through them, type them up, make their selections. We did a shortlist and we went around so many times it was very difficult. It took us a time to come up with it actually and the deadline that we originally set, we actually missed it partly because it was such a difficult task to choose and partly because we had to get the proper level of approvals from authorities from two different bodies we had to get approval in the country. The board is made up of seven members and we probably started off with seven different names because each had his or her own preference. But we eventually were able to get a consensus on the name Heritage after some discussion and back and forth.”