The Chairman of
Honeywell Group, Dr. Oba Otudeko, CFR, has been conferred with the CEO
of the Year Award at the 2016 Africa CEO Forum held in Abidjan, Côte d’Ivoire. Otudeko
emerged 2016 Africa CEO of the year ahead of seven other African Chief
Executives. The Forum rewards Africa’s best Chief Executive Officers,
Companies, and Investors whose strategies have contributed immensely to
the growth of Africa. The award to Otudeko is a testament of his
outstanding contributions to the development of the African continent.
He has over the years, spurred economic growth in Africa by transforming the business landscape with legacy projects.
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Presenting the award,
Founder and President of the Africa CEO Forum, Amir Ben Yahmed, noted
that the CEO of the Year award was conferred on Dr. Otudeko for his
achievements in the fields of development, governance, strategy,
leadership, and financial performance across the operations of his
conglomerate.
Commenting on the award,
Dr. Oba Otudeko, expressed happiness at the recognition for his
contributions to achieving a better Africa. ‘’I see the award as
recognition of hard work, commitment and confidence in what is indeed
African’’, he stated. He encouraged African CEOs to continue working
together to support the continent’s growth dynamics.
The Africa CEO Forum is
one of the most important events in the African business calendar. It
brings together the most influential personalities in African and global
finance. In the past three years, the Africa CEO Forum has recognised
over 25 CEOs as well as more than 100 African and global companies.
The Honeywell Group was
founded in 1972. The Group initially began operations as a trading
concern, importing and marketing commodities such as: baking yeast,
stock fish, glass and steel rods, among others. Today, the Honeywell
Group has evolved into a diversified enterprise with businesses across
major sectors of the Nigeria economy, namely: foods & agro-allied;
real estate, infrastructure, energy and services. Through additional
portfolio investments, the Group is also a significant provider of
capital to other sectors of Nigeria’s economy including financial
services, telecommunications, and security management.
Dr. Oba Otudeko, CFR is
Founder and Chairman of Honeywell Group and also Group Chairman, FBN
Holdings Plc. He was, at various times, Chairman, First Bank of Nigeria,
FBN Bank (UK) Limited, Airtel Nigeria and Fan Milk of Nigeria Plc. He
has also served on the Boards of Central Bank of Nigeria (1990 – 1997),
Guinness Nigeria Plc (1999 – 2003), British American Tobacco Ltd (2001 –
2004) and Ecobank Transnational Incorporated, headquartered in Lome,
Togo (2002 – 2010).
Between September 2006
and August 2009, he was the 16th President and Chairman of Council of
the Nigerian Stock Exchange. Professionally, he is a chartered banker,
chartered accountant and chartered corporate secretary.
Dr. Oba Otudeko holds the Nigerian National Honour of Commander of the Order of the Federal Republic (CFR), awarded in 2011.
He was Chancellor of the
Olabisi Onabanjo University, Ago-Iwoye, Ogun State from 2001 to 2010
and currently serves as a member of the Office of Distinguished Friends
of the London Business School (UK). Dr. Oba Otudeko is the Promoter of
Oba Otudeko Foundation (OOF), a not-for-profit organisation.
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