Interswitch, Main One chiefs bag West African leadership awards

BUSINESS

|
Image: Mitchell Elegbe. By BiztechAfrica
Mitchell Elegbe

By Kokumo Goodie, Lagos, Nigeria

The All African Business Leaders Awards (AABLA) has named Mitchell Elegbe, the Managing Director of Nigerian card payment firm Interswitch, the 2012 West Africa Business Leader of the Year.

According to the organisers of the event, AABLA is an initiative of CNBC Africa and serves as a platform to discover business leaders who are creating a culture of entrepreneurship, developing best practices and carving powerful and sustainable business models in the Nigerian and global economy.

To emerge winner of the coveted awards, leaders from various industries submitted names of nominees who were then shortlisted by a panel that comprised Atedo Peterside, Chairman, ANAP Foundation, Bismarck Rewane, CEO, Financial Derivatives Company and Frank Nweke Jnr, DG, Nigerian Economic Summit Group (NESG).

The organisers explained that to emerge winner in the West Africa Business Leader of the Year category, the candidate would have exemplified outstanding leadership in business, achieved positive financial results, increased shareholder value, provided sound management, proven corporate governance, demonstrated innovation, demonstrated best business practices and accountability, integrity and vision.

Other winners and categories were West Africa Business Woman of the Year: which  Funke Opeke, MD of MainOne Cable Company bagged. Others are West Africa Entrepreneur of the Year: Ernest Nnaemeka Azudialu, MD of Nestoil; Lifetime Achievement Award: Tayo Adenirokun former MD of GTBank; and West Africa Young Business Leader of the Year,  Elikem Nutifafa Kuenyehia (Oxford & Beaumont).

“Few things in life are entirely the work of just one person and this is no exception. I therefore pay tribute to the enormous contributions made by the team at Interswitch, our esteemed customers without which, none of this would have been possible. I thank everyone who thought me worthy to receive this award,” Elegbe said.

Guests at the event were captains of industry and leaders in the private sector. Also in attendance were Governor Rotimi Amaechi of Rivers state, who gave the keynote address and Governor Godswill Akpabio of Akwa Ibom State.

Head West Africa, CNBC Africa, Frederic Van De Vyver said in his vote of thanks, “We are very happy to celebrate leaders that have made a difference in the West African economies within their strategic sectors such as ICT, cashless economy, local content and so on”.

The East and Southern African AABLA regionals will be held in Nairobi, Kenya, and Cape Town, South Africa, respectively. The winners of each region automatically become finalists in the AABLA grand finale to be held in Johannesburg, South Africa.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE BUSINESS NEWS

VMware reports third quarter 2014 results

VMware, the global leader in virtualization and cloud infrastructure, today announced Year-over-Year Revenue Growth of 18% to $1.52 Billion in its financial results for the third quarter of 2014. Read More

CA Technologies study reveals application divide

A global study commissioned by CA Technologies reveals that that “Leaders” who are investing in new innovation and development capabilities are growing revenue at more than twice the rate of “Laggards,” creating an Application Divide in the marketplace. Read More

RubiBlu eyes African growth

SA-based software firm RubiBlu plans to expand in Africa on the back of significant growth. Read More

MTN Business partners Ghana SME 100 Ranking

MTN Business has been announced as the headline sponsor of the first annual Ghana SME 100 ranking, an initiative put in place to identify and honour the country's top 100 local Small Medium Enterprises.  Read More

Banks deny charging customers for BVN

Money deposit banks (MDBs) have denied allegation that they were milking their customers through ongoing Bank Verification Number (BVN) project of the Central Bank of Nigeria (CBN). Read More

Schneider Electric to acquire InStep Software

Schneider Electric, the global specialist in energy management, has entered into an agreement to acquire InStep Software, a leading provider of real-time performance management and predictive asset analytics software and solutions.  Read More

AfricaOnline managed service solution launched in Ghana

Pan African telecoms operator, Gondwana International Networks (GIN) has announced that its AfricaOnline business has launched a managed infrastructure and services solution in Ghana.  Read More

4th Annual CIO100 awards open for application

In conjunction with PwC, the CIO 100 awards, now in its fourth year, is now open for applications. Read More

Kenya’s Wananchi Group raises $130m for African expansion

Kenya’s Wananchi Group, which owns the Zuku pay-TV and fibre brands, has raised US$130 million in funding to expand in East and Southern Africa.   Read More

Investor networks to work towards pan-African Business Angel Network

Investor networks from across Africa attending last week’s DEMO Africa event in Lagos, Nigeria agreed to investigate how to form a pan-African Business Angel Network focused on early stage SME investing on the continent. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN BusinessSchneider ElectricMultichoice

FEATURED STORY

Growing African focus on data securityGrowing African focus on data security

Beachhead Solutions’ new SA and Mauritius country manager explains the challenges and solutions around securing customer data and compliance with new personal information legislation.

IN DEPTH

Africa lags on digital migration Africa lags on digital migration

Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.