AHMED BIN SALAWUDEEN: A True Luminary, Integrity-Driven Professional, Exemplary Insurance Industry Leader, Real Estate Maverick With Global Orientation
Professor Ahmed bin Salawudeen, FIIN, FCIB, FCALM, PH. D, ACII (London), is an exemplary Insurance industry leader and Real Estate maverick with over 40 years’ experience spanning global markets. He serves as the President of Standard Group Holdings, providing strategic oversight across its insurance brokerage firm; Standard Insurance Consultants Ltd, reinsurance brokerage firm; SICL Reinsurance Brokers Ltd, and real estate investment advisory firm; Signature Global Real Estate LLC, headquartered in Dubai. He is widely recognized for his technical expertise in complex Risk Underwriting, Claims Management and pioneering Insurance solutions across diverse sectors, including but not limited to Oil & Gas, Aviation & Space Special Risks (Kidnapping & Ransom), Marine Hull Cargo, Protection and Indemnity, Construction/Operational, Agriculture, Mining, Medical and Healthcare Insurance Programme, Life and Pension Schemes, generally.
A proud alumnus of the prestigious College of Insurance, Surbiton, Surrey, England, a qualified Chartered Insurance Practitioner since 1976, and an Associate Member of the Chartered Insurance Institute of London, Global Club of Leaders and the European Business Assembly (EBA) having fulfilled all the necessary requirements under the auspices of The Socrates Committee in Oxford, United Kingdom.
He holds Fellowships of the Chartered Insurance Institute of Nigeria, Commonwealth Academy of Leadership and Management, and the Nigerian Council of Registered Insurance Brokers. Having successfully completed his thesis, he was conferred with a Doctor of Management degree with Specialism in Insurance by the Commonwealth University Belize. In 2022, he was also conferred with an Honorary Professorship by the Academic Union Oxford.
He was honoured as the World Leader Businessperson by the World Confederation of Businesses on three consecutive occasions. He continues to champion higher professional standards, ethical broker-insurer ties, and the economic role of Insurance through his leadership roles. A recipient of the Lifetime Achievement Award for Excellence at the Forbes Africa-UAE Trade Summit 2021 in Dubai, UAE, Prof Salawudeen also featured in the Dubai Expo magazine “Titans of Africa” highlighting success stories of leading Africans in the UAE. Commands immense respect as a strategic leader gifted with Global Insurance expertise, sharp business acumen and excellent communication abilities.
He was recently also recognized with the Lifetime Achievement in Insurance Award at the BusinessDay Banks and other Financial Institutions (BAFI) Awards which was held on the 28th Of October 2023 for his immense contributions to the Insurance his thesis, he was conferred with a Doctor of Management degree with Specialism in Insurance by the Commonwealth University Belize. In 2022, he was also conferred with an Honorary Professorship by the Academic Union Oxford.
Similarly, Prof. Salawudeen was honoured as the World Leader Businessperson by the World Confederation of Businesses, on three consecutive occasions. He continues to champion higher professional standards, ethical broker-insurer ties and the economic role of Insurance through his leadership roles. He is also a recipient of the Lifetime Achievement Award for Excellence at the Forbes Africa-UAE Trade Summit 2021, in Dubai, UAE. He also featured in the Dubai Expo magazine “TITANS OF AFRICA” highlighting success stories of leading Africans in the UAE. Commands immense respect as a strategic leader gifted with Global Insurance expertise, sharp business acumen and excellent communication abilities.
Recently, he was recognized with the Lifetime Achievement in Insurance Award at the BusinessDay, Banks and other Financial Institutions (BAFI) Awards which was held on the 28th October, 2023 for his immense contributions to the Insurance Industry in Nigeria.
Vested in developing future generations of Insurance professionals and growing sustainable businesses that deliver exemplary client service, Prof. Ahmed bin Salawudeen is a true luminary and role model in the fields of Insurance and Real Estate investment.
In response to his Recognition by The Guardian as one of “Nigeria’s Fifty (50) Most Inspiring and Definitive Top CEOs in 2023”, Prof. Ahmed bin Salawudeen spoke about his passion for excellence, innovation and Standard Insurance Consultants Limited, challenges and solutions for growth in the nation’s Insurance Industry, and other pertinent issues. Excerpts ….
What would you describe as the greatest passion that has brought you this far in your career?
The greatest passion that has brought me this far in the business landscape and particularly in the Insurance industry in Nigeria is TRUST. Trust in business is very important and is a key to success particularly in the Insurance industry because in Insurance the product we are selling is an intangible one. The risk carriers in Nigeria appear to have trust in us in the style of premium remittance as at when received from clients. As a matter of fact, my company SICL will not wait in premium remittance of 30 days as prescribed by NAICOM the insurance regulator before premium is remitted to the risk carrier. In the Insurance Industry today, we can conveniently beat our chest and say that we are one of the Top five Insurance brokers recognized by underwriter in prompt settlement of premium collection.
The second greatest passion that has brought me this far is INTEGRITY, I place in high pedestal the issue of integrity in all my business dealings with my clients and the risk carrier in the insurance industry in which I operate. We have maintained this over the last 43 years, and this has assisted both my personal goal and my company growth and development.
As a matter of principle, I pay high focus to professionalism, sound business etiquette and best practice in my dealing with our business partners both locally and internationally. In the Insurance industry in which I operate our clients are happy that we honor and settle all legitimate claims through our painstakingly selected financially sound risk carrier.
Equally, I placed great importance on the selection of underwriters/risk carrier. In fact, the foundation of my business is based on sound selection criteria of risk carrier/underwriter for a particular risk so that in case of an insured event crystalizing claims are promptly settled. This gives me rest of mind and my client confidence to do more business with us.
Alhamdulilahi! Over the past 43 years, I have been able to run a successful business effectively. Above all, my greatest passion comes from Almighty Allah, who has been my greatest inspiration in all my endeavors over the years.
As one of leading companies in the nation’s insurance cum financial sector, how can you describe the level of professionalism and astuteness involved in handling Standard Group Holdings’ business operations?
I am pleased to confirm to you that from the beginning of our business operations over 43 years ago I have put in place EXCELLENT PROFESSIONAL SERVICES to the majority of our clientele, both locally and at the international scene. The most important strategy I have put in place till now is to ensure that our teeming clientele has TRUST and CONFIDENCE in our organization and our ability to deliver on our promises. At SICL we ensure that insurances are placed with Financially Secured Risks Carriers that will not defect in case of an insured event.
Furthermore, as expert in claims administration and control, we go out of our way through our Claims Administration Department to negotiate with underwriter on ex-gratia payment in case there is a hitch from the end of our mutual clients in keeping strictly to the terms and conditions of the policy for which the claim may not be admissible.
Also, part of our strategy is engaging Qualified Professionals this strategy has assisted us tremendously because I strongly believe that putting professionalism as a top priority is a key function in achieving a successful business operation and I always promote TEAMWORK in my business operations both locally and internationally and I serve as the Chief Servant Officer of the Standard Group of companies.
What are the milestones and other innovative approach the Company has brought to impact the industry in particular and the nation’s economy in general?
Looking back at the last 43 years, Standard Insurance Consultants Limited has achieved a lot to the glory of Almighty Allah for the insurance industry in Nigeria. There are some major innovations that gives me personal satisfaction. We have continuously contributed towards the educational awareness of members and the clients through training and retraining. This we considered as a big intervention.
We are proud to say that SICL has been providing excellent Insurance/Reinsurance solutions to the insuring public over the last four decades. The company license has always been renewed as and when due. Several insurance brokers rose up in the same period and collapsed or have been swallowed up. Standard Insurance Consultants Limited is still standing and waxing stronger. This to us is an important milestone.
At SICL, we are committed to improving on the impact the Insurance industry will bring to the nations economy by bringing innovative products to the market. We are presently working with some financially secured underwriter to bring in more innovative product to the insurance market space. Some of those products include: Kidnapping and Ransome Insurance – a specialized product that will provide financial protection and support in the event of Kidnapping and ransom situation. In view of the importance attached to healthcare, SICL has developed a packaged healthcare product known as Oraclemed Health Plan with our technical partner in South Africa. Our Mortgage Protection Insurance is an innovative product usually taken on the life of the borrower to protect the mortgage lender. The product guarantees the payment of the outstanding balance of the loan given by the Bank.
At SICL we recognized the power of innovation to accelerate the pace of organizational change and we believe for innovation to deliver long-term value both technology and people must be involved, and it must be part of all of us.
What government must do to address obvious challenges in the Insurance Sector and fast-track economic development, wealth creation?
The Insurance Industry in Nigeria is key to the development in the Financial Sector. Over the years, Insurance has developed tremendously whereby the Sector are doing everything humanly possible to take their position in the Nigerian economy and should be able to support and move the economy of the country to a new height if we were able to take the following steps. The strategies to be adopted to achieve this vision can be articulated in purposeful and visionary leadership who can cultivate the idea of advanced Third world countries such as Singapore, Malaysia, the UAE and many other countries who have achieved economic success over the years.
The current administration led by President Ahmed Bola Tinubu is already pursuing agenda in this area. He was in New York recently at the United Nation organized programme and I was lucky to meet him where he made a pronouncement that Nigeria is back and ready for business. His recent visit to Saudi Arabia is also a testament that Nigeria is ready for business. I strongly believe that we can do it; all we need is the WILL and ability to combat corruption at all levels. If the economy improves by extension the Insurance industry being part of the financial systems will improve the contribution to the GDP.
Other critical steps include the development of the Agriculture Sector, provision of Medical Insurance to our teeming population. The cost of providing medical Administration on a daily basis particularly with the advent of new medical solutions and medical treatment, have become out of reach to the generality of the common people. This cost is so high that an average family in Nigeria cannot afford and therefore there is need to find a strategy and or solutions to address the important issue. I share a very strong belief that if the insurance industry as a whole in Nigeria can come together and have a form of partnership arrangement with the government both federal and state governments a simple and straightforward solution can be found to address the important issue. The modalities for implementation can be made by making the government pass legislation making it compulsory that any employer of labour having more than five employees must provide a basic Medical cover for her employee and for those not in paid employment, there must be legislation whereby it is made compulsory that a fixed amount will be paid as premium in consideration of insurance cover being provided by the insurance companies. This model is what some of the Advance third world countries like South Africa, and some Asian countries including but not limited to UAE are running in their countries. This model can be studied and adopted to improve the Nigeria insurance penetration.
LINDA OBI: Transformation Strategist, Visionary Game-Changer, Shaping The Trajectory Of Technology, Innovation In Africa
Linda Obi, Chief Executive Officer, AfriHealth, is a visionary force steering disruptive change and technological innovation across Africa. In her role as the CEO of AfriHealth, Linda orchestrates the transformation of industries through the strategic application of Blockchain and other cutting-edge technologies. Boasting a dynamic 15-year career that has traversed diverse sectors, Linda stands as the founder of TechonomyAfrica, spearheaded global operations at Zenith Chain with an impressive $36.5 million backing. She proudly holds a fellowship at the esteemed Institute of Chartered Economics of Nigeria.
Beyond her influential role at AfriHealth, she emerges as a trailblazing Blockchain advocate, serving as the Chair of Women in Crypto Africa. Her expertise and impact extend to the global stage, where she holds membership in the prestigious Forbes Business Council. Linda Obi. is not merely changing the game; she is a dynamic force shaping the trajectory of technology and innovation in Africa. She is one of “Nigeria’s 50 Most Inspiring and Definitive CEOs In 2023” recognised bt The Guardian.
While speaking on the greatest passion that has brought her far and triggered her career success, she explained that “At the heart of my professional journey lies a profound passion for leveraging technology as a powerful enabler to address intricate business challenges. The dynamic landscape of the business world demands innovative solutions, and as the CEO of Afrihealth, my commitment to staying at the forefront of this innovation has been the heartbeat of my career.
In a rapidly evolving digital era, I recognized early on that technology could serve as a catalyst for positive change, not just in healthcare but across diverse sectors. My passion extends beyond the confines of a single industry, encompassing the broader realm of utilizing technology to revolutionize how businesses operate.
As the CEO of Afrihealth, building Rigour+ is a testament to this vision. It’s not solely a healthcare endeavor; it’s a manifestation of the transformative potential of technology in solving complex problems. Whether streamlining operations, enhancing customer experiences, or fostering efficient communication, technology forms the backbone of our strategy. This passion is about embracing the digital age, understanding its nuances, and utilizing it as a tool to create meaningful impact. It’s an unwavering belief that, through technology, we can overcome challenges, drive innovation, and usher in a new era of possibilities for businesses and, by extension, the communities they serve.”
Concerning the level of professionalism and ingenuity involved in one of the leading technology-driven healthcare organisations in Africa, Linda noted that “At AfriHealth Limited, our commitment to professionalism and astuteness in the health sector translates into real-world, practical strengths that position us as a market leader and category king. Our operations are a testament to the tangible impact of innovation in healthcare.
Our strength lies in the relentless pursuit of practical solutions to address real challenges. Our team, composed of seasoned professionals, brings a hands-on approach to every facet of our operations. From leveraging cutting-edge technology to streamlining processes, we prioritize practicality to ensure our solutions make a meaningful difference.
Innovation is not just a buzzword for us; it’s ingrained in our DNA. Our practical approach to technology-driven healthcare is evident in the solutions we have pioneered. We do not just follow industry trends; we set them. This innovative spirit positions AfriHealth as a frontrunner, with solutions that directly address the practical needs of our clients and the healthcare landscape. Our commitment to staying ahead of the curve ensures that our innovations aren’t just theoretical concepts but practical tools that enhance the efficiency of healthcare delivery. This hands-on approach solidifies our reputation as a market leader, setting the benchmark for excellence in the industry.”
She maintained that “At AfriHealth, our journey in reshaping healthcare in Nigeria is not just about numbers; it is about the lives we touch and the communities we empower. Picture over half a million individuals, from diverse corners of Nigeria, gaining access to healthcare right at their doorstep through our telemedicine initiatives – it is not just innovation; it is a movement toward inclusivity.
Our collaborative spirit is more than partnerships; it is about joining hands with organizations that share our vision. Together, we’ve increased healthcare efficiency by 30%, creating a ripple effect that positively impacts the well-being of our nation.
Imagine 670 doctors and over 900 community pharmacies verified and vetted, standing ready to provide care. Our tier 1 and 2 ambulance services, seamlessly integrated into our marketplace, bring a new level of emergency care to your fingertips, including the option for air ambulance patient carriage.
But it is not just about emergencies. We’ve introduced subscription plans designed for real people – students, everyday Nigerians, new moms, seniors, and families. It is healthcare tailored to you, ensuring that everyone, no matter their stage in life, can access a plan perfectly suited to their needs.
And here is the beauty: this is not a city thing or a town thing – it is a nationwide effort. AfriHealth’s impact is reaching every corner of Nigeria, bringing accessible and personalized healthcare to all. In essence, our story is not just about what we have achieved; it is about the lives touched, the communities strengthened, and the promise of a healthier, more connected Nigeria.”
In terms of what the role of government should be in tackling the myriads of challenges in the Nigerian healthcare system to fast-track economic growth, the award-winning visionary innovator stressed that “As a key practitioner and stakeholder in the healthcare sector, addressing the challenges requires a multi-faceted approach. Firstly, the government needs to prioritize investment in healthcare infrastructure. This includes not only increasing the number of healthcare facilities but also enhancing their quality and accessibility.
Moreover, there’s a critical need for workforce development. Training and incentivizing healthcare professionals, especially in areas facing shortages, would go a long way. Additionally, the government should embrace technology as a force multiplier, streamlining processes, and improving healthcare delivery efficiency.
Furthermore, it is crucial for the government to engage in a meaningful dialogue with ecosystem players, especially firms leveraging technology to tackle pressing health issues. The current doctor-to-patient ratio, standing at 1:15,000 in states like Lagos, and the disparity in healthcare facilities, underscore the urgency of leveraging technology to bridge these gaps.
In a country with over 210 million people sharing only 30,000 healthcare facilities, the government must understand the immense challenges these technology companies are addressing. There are a staggering 7,000 people to one healthcare facility, emphasizing the need for innovative solutions.
To truly fast-track economic development and wealth creation, the government should collaborate with these technology-driven firms. Drafting policies that support the acceleration of these technologies will not only address immediate challenges but also position Nigeria as a leader in healthcare innovation. It’s about fostering an ecosystem where technology is a catalyst for positive change, and government policies play a pivotal role in supporting and accelerating these transformative solutions.”
Winding back on her career journey, the quintessential Amazon and trailblazer in healthcare innovation, pointed out that one of the toughest decisions she ever made was steering AfriHealth towards a transformative direction, embracing technology to redefine healthcare in Nigeria. In her words, “The conventional path would have been easier, but I chose innovation over comfort. As the CEO of Afrihealth, I choose to lead from the front, and over time I have learned that the toughest decisions often lead to the most significant breakthroughs.
The lesson learned was profound. Embracing change, especially in a traditionally rooted sector like healthcare, requires courage and vision. It taught me that innovation is not just about technology; it is a mindset that challenges the status quo.
Central to this decision is the unwavering belief that healthcare and access to it must start from the home. The Rigour+ ecosystem, our super medical app, is akin to a ‘hospital in your pocket.’ This affirmation has become a guiding principle – that healthcare should be as accessible as reaching into your pocket. It’s a testament to the idea that meaningful impact begins where people live, bringing quality healthcare to their fingertips.
The journey since that decision has reinforced the idea that meaningful impact requires stepping into uncharted territories. It is about pushing boundaries, even when faced with skepticism, and proving that change, when rooted in a genuine commitment to improving lives, can be a powerful force. This decision taught me the invaluable lesson that innovation is not just a choice; it is a responsibility to create a better, more accessible future for healthcare in Nigeria, starting right from the homes of the people we aim to serve.”
In attestation to for her rare feats and pace-setting leadership, Mrs. Linda Obi informed that “Over the course of my leadership journey, I have been honored with several prestigious awards and recognitions, both within Africa and on the global stage. These accolades reflect not only personal achievements but also the collective success of AfriHealth as a trailblazer in healthcare innovation. They include: “Top 100 Women of the Future by Global Women of the Future” – a recognition on the global stage which speaks to the impact of our efforts in shaping the future of healthcare, transcending geographical boundaries.
The second is the “Top 50 Women in Blockchain” by Crypto TV which underscores the intersection of healthcare and cutting-edge technology, positioning AfriHealth as a leader in leveraging blockchain for transformative solutions.
The third is “Digital Health Innovator of the Year by the Nursing Students of Lagos State University (NUNSA-LASUCOM). This emphasizes the impact of our initiatives on healthcare education and the future generation of healthcare professionals.
The “Award for Support” by the Lagos State University Student Union reflects our commitment to engaging with and supporting the educational community, while the “Award of Excellence” by Blockchain Academy highlights our commitment to excellence and innovation in the ever-evolving landscape of blockchain technology. As for the “Strategic Leadership Awards by West Africa Innovation”, it solidifies our position as leaders not just in healthcare but in driving strategic innovation across West Africa.
Meanwhile, on a collective level, AfriHealth has garnered numerous awards, including the “Digital Innovator of the Year” in recognition for our digital initiatives showcases our commitment to leveraging technology for positive healthcare transformation. The “Small but Mighty Out of Africa” by Fast Company, acknowledges the impact of AfriHealth in challenging industry norms and making a significant mark globally.
In terms of advice on how more award-winning CEOs can emerge in the country, I would emphasize the importance of visionary leadership, a commitment to innovation, and a relentless pursuit of excellence. Encouraging collaboration, fostering a culture of continuous learning, and actively engaging with industry communities can also contribute to the development of impactful leaders who drive positive change and garner well-deserved recognition.”
CHAIM ZACH: Global Investor, Serial Industrialist, Making Remarkable Contributions To Nigeria’s Economy, Through Cutting Edge Technology In Poultry Farming
Stepping out of his comfort zone to an unknown place is a move that many will hesitate to make most especially when it has to do with leaving a developed country to a developing country to become an entrepreneur back in 1991.
His character speaks integrity, his expertise define efficiency, his ways are inspiring and his life has become a road map to many agriculture professionals who now believe that patience hard and work are good morals and playing according to professional ethics are the only recipe for career satisfaction. This description is most apt for Dr. Chaim Zach, the Managing Director/CEO of Agric International Technology & Trade (Nigeria) Limited (AGRITED).
Dr. Chaim Zach is Israeli by birth, but Nigerian by heart. He studied in the department of Law at Tel Aviv University in 1973 and worked briefly with government. Thereafter he Founded Target Limited, a chemical company based in Israel. Zach is an international investor and industrialist who has contributed his vast experience in the nutrition development in Nigeria. Before coming to Nigeria in 1991 to establish AGRITED, he was the vice president of PTE Industries of Louisiana, USA, a company that produces fire distinguishing chemicals, retardants and products. He was also the General Director and Chief Executive Officer of the city of Herzliya, north of Tel Aviv with 1,300 public sector employees.
Zach is a seasoned technocrat, Investment Manager of people and resources, he founded Gedi Enterprises Ltd in London in 1988, the company produced and sold 23 types of fresh and matured goat cheese in the high end market and it operated from farmland with 700 goats in potter’s bar, then in 1991 Dr. Zach Landed Nigeria to establish AGRITED and has perform incredibly well in impacting the Nigeria economy
Speaking about what informed passion that brought him this far in his career journey, the poultry technology expert said, “I wish to leave behind a legacy of food nutrition concentration to the transformation of Nigeria poultry industry from traditional into modern and the most efficient in the sector, I have the passion to do things here not considering the profits, I love Nigeria and I feel home here, right now our staff is about 700 hundred and we are still growing , we increase about 20% every year”.
The resourceful coach and CEO shared his challenging experience, “There were a lot of challenges but we were focused on our mission to establish a world class poultry farm. AGRITED has put world class standard of checks and balance against poultry diseases by putting in place top-notch technologies to checkmate every incoming and outgoing of persons within our poultry farms. I established this company because I realize that Nigeria was lagging behind on protein based nutrition for the people.”
I came to a country of 90 million people in 1991 and I looked at the consumption level of protein based food, it was 120 grams per capita and now in 2023 consumption is about 1.5 kg, so the growth was above1,000 percent in one generation. The Nigeria population now is almost 228 million compared to 90 million in 1991 when I came. In 2050 Nigeria population will be 450 million people. This company is working with long term planning, we have plans up to 2050 and beyond which is another one plus generation. 50 years ago before I came to Nigeria, the level of urbanization was 17 to 18%. 2023 is 53.5% and in 2050, out of 450 million people, 70% will be living in the cities and when you move from village to city, your standard is changing, life style is changing and nutrition is changing. While those living in the village look for source of protein mainly from the field, you in the city look for better nutrition venues, and that’s where we come in. We live in a food production sector that has such huge potentials, so we took upon ourselves the challenges to meet the demand. Another mission, which is to educate both medium and small scale farmers to move from cost orientation to yield orientation. That is, it is not how much it costs but how much you yield out of your operation. And moving from cost to yield requires different ways of thinking and so we are working with the assumption that Nigeria, being the biggest economy and most populous country in Africa, will not trail behind in protein consumption due to some social and cultural reasons.
A lot is required for us to do in our industry. This is the main mission of my company since I came to Nigeria 33 years ago. Since the main challenge of humanity in the next few generation is going to be food supply, it is going to be big issue for a country like Nigeria, when I leave here one day, I want to leave behind a foundation that will allow Nigeria to meet the challenges to feed 450 million people in 2050.
Expanding AGRITED’S operation with the construction of its latest large-scale breeding farm, our company has consolidated and confirmed its role as a major player in Nigeria’s poultry industry and the country’s drive for self-sufficiency.
According to the visionary and business savvy guru, “The demand for Agrited’s products is purely because of the quality. The high quality of our products which resulted in high demand is the reason for more investment and expansion of our operations. It is noteworthy that the first ever controlled environment, both heavy and light in Nigeria, is to the credit of Agrited.
The White Plain farm , our core breeding farm with 33,000 heavy breeders (female & male), 18,000 light breeders (female and male), a combined Emka and Pas reform hatchery with hatching capacity of 1,632,000 eggs, fully equipped Premix production line with quality control laboratory, feed mill, large grains and feed ingredients storage capacity and vaccines & medication’s cold storage facilities.
Green Plains farms, our core pullets farm with capacity of rearing 40,000 (female and male) , 9,000 (female and male) light pullets and a special male house where we breed heavy male broilers for spiking. In Green Plains we have a 1,200 m2 grains and equipment storage warehouse.
Silver Plains is a newly built breeding farm with current capacity of 65,000 heavy breeders (female and male) 20,000 heavy breed pullets,1,200 m2 feed mill with grains and animal feed storage. The Blue Plains Farm is our newly built world class most advanced Breeding farm, along Ibadan-Oyo Town Expressway in Fiditi, Oyo State. The farm will house 196,800 Ross 308 producing parent stock, 120,000 Ross 308 pullets in growing stage, a State of the art Pas reform hatchery, with hatching capacity of close to 4,000,000 eggs at any given time, fully equipped Premix production line and quality control laboratory, feed mill, large grains & feed ingredients storage capacity and vaccines & medications’ cold storage facilities. Future development in the farm will potentially consist of: quality vegetable green houses and aquaculture hatchery.
Concerning CSR activities that has been put in place for the successful flow of business operation in AGRITED over the years, Dr. Zach an accomplish investor responded, he said “We always support the communities we find ourselves, a more friendly community gets more supports from us, we have established a good relationship with every community we find ourselves through capacity and infrastructural buildings like schools, church and others.
AGRITED Nigeria is one of Nigeria’s largest and friendly supplier of poultry products with a strong vision focusing on poultry breeding and distribution of top international standard broilers and layers day-old chicks to commercial farms nationwide, we have also sponsored some of our staff to study abroad, also we have numbers of Israeli and other national expatriate poultry experts who come here for achieving such global outstanding standards.
Dr. Zach is also conferred with a well deserved Doctorate Degree (D.Sc), Honouris causa in leadership and corporate governance by the European-American University, Commonwealth of Dominica. This indeed is a true testament to his impeachable character, Leadership and corporate governance.
The award winning year 2020 business person of the year by Inside Business Africa giving his advice to foreign investors, said “When I lecture potential investors, my lectures takes about one and half hours, in the first 30 minutes, I highlight the demerits of corruption, economic instability, and so many other unsafe reasons but in the next one hour, I tell them about all the great potentials of this country and I say people like me, when we put the negative and the positive on a scale, the positive takes a significantly better weight.
It is not easy to do business in Nigeria, but if you do it properly and if you do it not only for profit making, the sky is your limit. Luckily I love Nigeria, here is my actual home and I have the passion to do things here not considering the profits right now, but to set a legacy. This company can do a lot but I choose to limit myself to AGRITED and Dori and then I can’t stay here forever and my age is also a consideration, the company will be owned and managed by a big international group, by next year we shall be producing more than one million chick every week.”
ADEBAYO ADESINA: Highly Resourcxeful, Result Oriented Professional, Bridging The Power Gap In Nigeria Through Enerix One
Over the years Mr. Adebayo Adesina has distinguished himself not only as a seasoned administrator and banker but also as a reputable professional and financial expert that has demonstrated a high degree of integrity and professionalism in all his business transactions within Nigeria and beyond.
Adebayo Adesina, a man of determination with a great zeal to create positive impact in Nigeria had his first degree in Economics from the University of Ife (now Obafemi Amolowo University, OAU) and a Masters degree from the University of Lagos, Akoka, Lagos. He is also an alumnus of Harvard Business School Executive leadership programme.
A dynamic and seasoned economist with over 23 years’ experience in banking and Finance, Business administration and strategic planning, Adebayo started his banking career in 1999 and has worked with several banks, including standard Trust Bank, United bank for Africa and Stanbic IBTC Bank. He was the Deputy General Manager at Access Bank and a Managing Director at Varitas Glanvils Pension Limited. As a banker, he arranged to finance various turn key projects including over $200 million in Oil and Gas financing. He also managed N300 billion and portfolios spanning infrastructure, oil and gas, trade, manufacturing and real estate.
In 2021, he became the Chief Executive Officer of Enerix One Limited, a leading energy solutions provider geared towards providing sustainable and efficient on-grid energy solutions to business and communities. Enerix One Limited is working with leading industry operators across all aspect of the Nigerian Electricity Supply Industry (NESI) to mobilize capital and technical expertise to deliver power generation capacity available on the Nigerian power grid to customers in a reliable and efficient manner.
As a forward looking company whose aim is to bridge the power gap in Nigeria, the company offers a range of grid power solutions that are tailored to meet the specific needs of businesses and industries. Indeed, the company’s team of highly skilled and experience engineers and technicians are dedicated to delivering cutting-edge technology and best-in-class services to its customers.
It is noteworthy to mention that Enerix One’s grid power solutions are designed to provide a stable and uninterrupted supply of electricity to businesses and industries, ensuring that they can operate efficiently and effectively. In fact, the company utilizes the latest technology and equipment to ensure that their grid power solutions are reliable and cost effective.
It is of a truth that the Nigerian Electricity Supply Industry (NESI) has spurred many investors and operators, like Enerix One to take advantage of the inefficiencies of the power market to provide reliable power solutions to large volume of consumers in the country. The company stands out in its approach to focus investment on debottlenecking existing grid –based resources that are constrained, rather than building new generation, thus optimizing cost of and minimizing deleterious environmental impact.
In order to achieve the company’s vision and mission, under his leadership, Enerix One is in technical and strategic partnership with world class power companies including Africa Plus Partners, Niger-Delta Power Holding Company Limited (NDPHC), Transmission Company of Nigeria (TCN), Iroko Capital Investment Managers (ICIM), Rolls-Royee, Damtaq Limited, Kojobs limited just to mention but a few.
As an innovative and result oriented professional, he has permeated several sectors of Nigeria’s economy and has contributed enormously to national development. In response to his Recognition by The Guardian as one of “Nigeria’s Fifty (50) Most Inspiring and Definitive Top CEOs in 2023”,, Mr. Adebayo Adesina noted that Enerix One’s commitment to “clients and public is grounded in several key promises and assurances. Firstly, we pledge a steadfast commitment to collaborating with our partners to deliver reliable and uninterrupted power supply ensuring that both our clients and the broader public can depend on a stable energy service. This commitment reflects our dedication to maintaining consistently high standards of service delivery. Also, our commitment extends beyond operations to, encompass broader responsibilities. We actively engage with local communities, focusing on education, healthcare and sustainable development as part of our corporate social responsibility.
Additionally, we emphasize environmental stewardship, pledging to minimize our ecological footprint through the adoption and promotion of clean energy practices. These promises coupled with our dedication to transparency, accountability to deliver exceptional services while contributing positive to the communities we serve.”
OLUYEMI EJIDIRAN: Dynamic Professional, Result-Oriented Business Leader, Driven By Passion for Innovation, Sustaining Excellence At Wemabod Estates
Mr. Oluyemi Emmanuel Ejidiran had his first degree in Quantity Surveying and a master’s degree in business administration from the University of Ilorin. An alumnus of Harvard Business School, George Washington University, and Lagos Business School, he is also a Fellow of the Nigerian Institute of Quantity Surveyors, (FNIQS), an Associate Member of the Nigerian Institute of Management, and a member of the Quantity Surveyors Registration Board of Nigeria. A certified Project Management Professional. (PMP), Yemi has worked in different capacities, some of which are as a Consulting Quantity Surveyor, Business Development, and Project Management Executive in Real Estate, Building, and Civil Engineering Institutions.
As the Director of Business and Property Development for UAC Property Development Company (2007- 2018), several legacy/signature projects were delivered under his leadership including but not limited to, Golden Tulip Festac Lagos & Festival Mall both at Amuwo Odofin; KPMG Office Towers VI, VMP ( Exxon Mobil Luxury Residential apartments) in Victoria Island, Cameron Green &, Trenchard Place both luxury residential apartments in Ikoyi; Pinnock Beach Estate, Arcadia Grove Estate, Metro Gardens, Romay Gardens & Treasure Gardens (all) in Lekki, Pinnacle Luxury Residences Maitama, Abuja, FGN – Auditor General Head Office, Abuja as well as Emerald Court premium Homes, Abuja. His over 35 years working experience covers stints with ASA Partnership, a firm of Chartered Quantity Surveyors & Property Development Consultants, Wema Bank Plc and UACN Property Development Company PLC (UPDC).
He became the Managing Director/CEO, Wemabod Limited in October 2018 and has since impacted positively the current organizational growth initiatives. His tenure spearheaded the development and execution of comprehensive growth strategies, leading to remarkable growth and profitability. With a blend of strategic thinking, leadership acumen, and passion for innovation, Yemi has committed to driving Wemabod’s business transformation for sustainable organizational success. Owing to transformative operational efficiencies through process optimization and strategic restructuring Wemabod revenue and profitability have grown within a period of three years by about 400% & 600% respectively. These transformational advancements earned Wemabod an Investment Grade A- rating by the Agusto & Co rating agency early this year. Yemi’s visionary, dynamic, and business driven capabilities combined with strategic thinking, leadership acumen, and passion for innovation have helped redefine the story of Wemabod Limited in the real estate sector of the Nigeran economy. Yemi is married with children.
Speaking on his passion and career growth, the real estate maestro noted that “There is a huge significance in aligning one’s career with their passions and how it can lead to a successful professional journey. My professional life has been driven by several passions that have motivated me to overcome challenges in the built environment. Some of these passions are Commitment to Professional development, Deep Understanding of Real Estate Markets, Commitment to Project Management Excellence, Ensuring value for investment finance through adequate budgeting and cost management, Innovation and Adaptability, Stakeholder Management, Ethical Standards, and integrity.
Over the years, owing to a clear understanding of market dynamics the ability to adapt to change, my commitment to ethical practices, and my focus on sustainable development have provided me with tools and techniques towards contributing to various organizations in roles in Consulting Quantity Surveying, Business Development, and Project Management Executive. Various signature projects delivered under my leadership lent credence to the value of passions enumerated above. These projects comprise of Luxury and premium residential projects, Commercial, Industrial, Retail, and hospitality projects.
In summary, my journey has been driven by passion as earlier mentioned and it is my vision that these will be sustained into the future even for greater tasks ahead even as I plan to leverage insights to further contribute to the real estate sector of the economy thereby inspiring others to successful careers aligned with their passions. I look forward to continued growth, learning, and contributing to transformative economic development in the future.”
In terms of providing innovative solutions in the real estate development and management sector, he explained that “Wemabod Limited, formerly known as Nabani Estates Limited, exhibits a high level of professionalism and astuteness in its operations within the real estate development and management sector in Nigeria. The company’s roots trace back to its incorporation in September 1962 as a wholly owned subsidiary of the National Bank of Nigeria Limited. Over the years, it has undergone strategic transformations, including its sale to the Western Nigeria Marketing Board and subsequent incorporation into Odu’a Investment Company Limited in 1976.
The historical evolution of Wemabod Limited showcases a commitment to adaptability and resilience, essential qualities in the dynamic real estate industry. Being a subsidiary of Odu’a, one of the prominent investment companies in Nigeria, further underscores Wemabod’s strategic positioning and solid foundation.
More importantly, very Sound Corporate Governance Policies, as driven by the Odu’a Investment Company, were faithfully implemented through the support and cooperation of the Board of Directors of Wemabod who themselves are responsible for the success story of the company today as the Board of Directors gave sound and professional leadership support as required for growth.
Wemabod Limited has emerged as one of the largest property companies in Nigeria, boasting a diverse portfolio that includes commercial, industrial, and residential properties. This diversity suggests a comprehensive approach to real estate development, catering to various market demands and contributing significantly to the growth and development of the sector.
The company’s longevity, coupled with its expansive portfolio, speaks to a sustained commitment to excellence, professionalism, and effective management practices. Successfully navigating the complexities of the real estate market requires a keen understanding of market dynamics, regulatory frameworks, and a forward-thinking approach – qualities that appear to be ingrained in Wemabod Limited’s operational philosophy.
In conclusion, Wemabod Limited stands out as a leading and foremost organization in Nigeria’s real estate development and management sector, characterized by a history of adaptability, strategic management, and a diverse property portfolio. The company’s trajectory reflects a commitment to professionalism and astuteness, making it a notable player in the Nigerian real estate landscape.”
KUNLE ALONGE: Innovative Entrepreneur, Committed To Excellence, Truly Inspiring Professional With Global Experience, Creating Value Through Sonora Capital
Kunle Alonge, PhD, is a finance professional and entrepreneur with a strong passion for global financial markets and economic policy implications which he pursued through his academic studies in Finance. He started his academic journey with a Bachelor’s degree in Accounting from the Obafemi Awolowo University, Nigeria and subsequently a Master’s degree in Finance at Texas Tech University, USA. Through his dedication to continuous learning and advancing financial knowledge, recently, he concluded his Ph.D.in Finance at the University of Lagos.
Kunle’s commitment to excellence is evident in his professional achievements, as he is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN). Throughout his career, Kunle has worked with various prestigious international financial institutions, globally. He worked in prominent banks in Nigeria and also worked with three Fortune 500 companies in the USA, including Wells Fargo Bank, KPMG LLP, and JPMorgan Chase. His diverse experience encompasses treasury services, operations, risk management, and advisory services, showcasing his versatility in the financial domain.
In 2010, he established Sonora Capital and Investment Limited, a financial services company that is dedicated to managing asset and creating sustained value for its carefully selected clientele. Under his visionary leadership, the company has expanded and grown over the years. Building on his success, the company has diversified into other financial ventures providing business and financial support though its Sonora Credit brand and investment protection and coverage through its Global Heritage Insurance Brokers. These establishments reflect his commitment to innovation and excellence in the financial sector.
Kunle’s inspiring journey serves as an example to aspiring individuals seeking to make an impact in the financial world. His extensive knowledge, entrepreneurial spirit, and experience position him as a trailblazer in the ever-evolving finance landscape.
According to him, “Sonora Capital and Investment is committed to creating sustained value for its clients by carefully managing and monitoring their assets while closely monitoring financial markets and global macroeconomic developments. We identify trends, analyze them, and create innovative investment strategies and products designed to create wealth for our clients while keeping costs low. Sonora is a multi-faceted organization with a focus on investing in high-quality companies that have strong business franchises, attractive growth prospects, leading market positions, and the ability to generate superior returns.”
Speaking on what drives him to excellence, he noted “My practical and results-driven approach has been my greatest strength throughout my career. This has helped me prioritize my tasks and solve problems efficiently through an iterative and transparent process. I am also passionate about promoting a culture of experimentation, encouraging my team to learn from their mistakes, and fostering innovation and adaptability.
Sonora Capital places significant emphasis on comprehending the operational environment and making informed decisions based on data and facts Our services are grounded in trust, integrity, commitment to customer satisfaction, professionalism and teamwork, and we have always believed that our customer-centric attitude is our surest path to gaining market share and so the dedication and commitment we give to helping our customer succeed financially is unparalleled. In addition, we prioritize developing a portfolio of people skills because we believe that our people are our competitive advantage.”
In terms of professionalism and expertise, the Sonora Investment boss explained that “We discovered from experience that getting the simplest things could sometimes pose great challenges and this has informed our innovative and creative approach for our customers to access our services in every of our markets. Whether it is financial advice or business support or protection, we have devised innovative ways to deliver our services through cutting edge technology. Sonora Capital and Investment Limited is promoting economic activities in Nigeria and contributing to the growth of the nation’s GDP.”
Concerning what he considered as the toughest decision he ever made and the lesson learnt, he informed tha “Setting up Sonora Capital and Investment Limited was the most challenging decision ever. As a young man with international qualifications, experience, and a good salary working as a banker in the US, it was challenging to make such a paradigm shift with so many unknowns. The market was already saturated, making our entry into the type of business that Sonora Capital and Investment Limited operates in a big challenge.
The first few years were very turbulent to the point that keeping the office running became an uphill task. However, I persevered in what I had a passion for and never gave up amid the uncertainties. Although we still have a long way to go but we have built a name in the industry. The lesson learnt is that we must not give up on our goals, no matter how difficult the journey gets we should find the strength to keep inching on. Rome was not built in a day.
We have won several awards and accolades both individually and corporately for our leadership skills and innovative business and product development efforts. We believe any company that places customer needs on the front burner will ultimately excel.”
He added that “At Sonora, we value our relationships with our clients and business partners, and performance and trust are at the core of these relationships. We uphold conservative values and adopt a prudent approach to risk guided by solidity, stability, and reliability principles. We aim to generate sustainable, superior performance for all stakeholders by growing capital and value through world-class expertise.
Our advisory solutions span critical business problems in business process, analytics, risk, technology and transactions. Sonora Credit leverages fintech to provide loans and quick credit to individuals and small businesses through our website, agent network, and other channels. Our insurance service is managed by Global Heritage Insurance Brokers, which helps to manage insurance portfolios and negotiate the best rates with competent insurance companies to insure your assets at no cost to the organization. Lastly, Rate Captain delivers expertise, objective insight, a tailored approach, and unparalleled collaboration to help make financial decisions and be well-informed through our financial literacy platform.
Our vision is to help our customers succeed financially, aspire to be the best service provider in every one of our markets and be known as one of Africa’s great companies. Our mission is to make our customers proud of us by developing products specifically for their needs and delivering excellent service through our valuable and enthusiastic staff while meeting the aspirations of our stakeholders. Our core values include trust, integrity, commitment, and teamwork.”
Why Lange & Grant’s committed to driving change in construction sector, focusing on environmental sustainability, governance, by Okoya
The Managing Director and Chief Executive Officer, Large + Grant Commodities Limited, Tunde Okoya, has reiterated the urgent need for transparent foreign exchange tracking, warning against the effect of Naira dominance in the manufacturing sector.
Okoya in an interview, examined the challenges and strategies shaping Nigeria’s economic landscape towards economic diversification, and emphasised the pivotal role of a skilled workforce and sustainable exports.
Okoya, whose passion is to see Nigeria become an industrialised economy, also stressed the need for Nigeria to focus on skilled manpower for economic diversification and leverage African arrangements for exports.
He said: “The goal is to be competitive, sustainable, and the ‘factory to the world.’ Aligning resources, especially for foreign exchange, is crucial. With cutting-edge technology, exporting to Chad, Niger, Cameroon, Ivory Coast, Benin Republic, Togo, and Ghana is viable, generating revenue and reducing raw material imports. This strategic approach is key to achieving economic objectives.”
To encourage the success of the local content policy, protect indigenous companies as well as champion the ease of doing business in Nigeria, he said government policies towards developing or encouraging manufacturing in key sectors must be reviewed.
“We need to do a lot of backward integration to invest a lot of money to produce either the raw materials or other materials in their mediocre stage of various products that we make. That requires a lot of investment, and if you are going to make such an investment, you want it to be such that there is offtake for that product. Quite honestly, it is almost impossible to compete with China these days because there are a lot of huge state subsidies for Chinese companies. They get a lot of government incentives to export, so I think that needs to be the narrative if those policies are geared towards creating incentives to generate exports and ensure that Nigerian products are sold all over the world.
“We have a lot of manufacturing companies in Nigeria that do export but informally. Many of them go out through our borders, so there is no data to actually capture how much foreign exchange the manufacturing sectors are bringing in. I think that has to be the new narrative; that has to be the new conversation, how to capture that value, how to capture that new foreign exchange.
“ You know most of the West African countries are coming to buy from us in naira, and most of our products exist in all these markets. They prefer to come and buy from us in naira rather than either buy from us in dollars or foreign exchange. Whereas we go to the CBN to get dollars to buy and produce our raw materials, so that side of the issue needs to be really looked at properly.”
Speaking on where his company is heading toward, Okoya said Lange and Grants is committed to driving change in the construction sector by focusing on environmental sustainability and governance.
He said their vision is to become a key stakeholder in the evolving construction landscape, moving away from on-site manufacturing to address environmental concerns.
The CEO said addressing clients’ concerns about adopting their new products involves constant education; revealing plans to establish an incubation hub, provide industry stakeholders and graduates with knowledge on green building practices.
Okoya noted that in the construction sector, their products are crucial, especially in special economic zones like the Lekki Free Trade Zone.
He said the firm collaborates with various zones, including infrastructure projects such as ports, airports, and cargo terminals, providing pre-engineered building materials.
“This aligns with the fourth phase of our system, where we create structures and sections for roads from steel. For instance, in Alaro City, our products cater to industrial needs, including considerations for an entertainment city. These materials offer rapid deployment, thermal insulation, and high noise protection, making them ideal for diverse projects like the new power plant in Chad. From large commercial structures to iconic landmarks, our sandwich panels showcase the future of construction—a shift gaining momentum in Nigeria, marking a new era in building materials.”
Okoya said the firm’s commitment is to lead in environmental sustainability, building raw materials, and modular construction, a new era in the sector where we aspire to be pioneers.
KHALIL SULEIMAN HALILU: Exceptional Techpreneur, Result-Driven Technocrat, Bridging Technology Gap, Improving Lives, Livelihoods Through Emerging Technologies In Africa
Khalil Suleiman Halilu is a public servant, serial entrepreneur, and technology enthusiast with a passion to bridging the technology gap and improving lives and livelihoods through existing and emerging technologies in Africa. He is the Executive Vice Chairman and Chief Executive Officer of Nigeria’s National Agency for Science and Engineering Infrastructure (NASENI). Until his recent appointment, Khalil Halilu has founded and invested in numerous technology companies and initiatives spanning diverse sectors such as Logistics, Agriculture, E-Commerce, Construction, Recycling, Citizen Engagement, and Electoral Transparency.
Khalil established ShapShap Logistics Ltd., an on-demand delivery service. In addition, he founded The CANs, the first-ever eco-friendly technological hub in West Africa – a dynamic innovation and creativity hub dedicated to supporting Africa’s technology, innovation, arts, and sustainability ecosystems. Due to his business acumen, strategic expertise, and meticulous planning, Khalil has served on the boards of several prominent companies, including Kuming Power China Group, CGC Construction, Dantata Foods, Gongoni Company Limited, among others. Khalil has received numerous awards recognizing his contributions to the growth and sustainability of technology advancement in Africa. Khalil holds a Bachelor’s degree in Business Administration, and a Master’s in International Business, both from the University of Hertfordshire, United Kingdom. A sports enthusiast of note, he is a member of the Kano, Lagos and Abuja Polo and Golf Club.
Speaking on recently signed MoU with some companies in China and what it mean to NASENI and the Nigerian economy, as a whole, Khalil explained that “The MOUs signify that, one, the world is paying attention to President Bola Ahmed Tinubu’s message that Nigeria is open for business and investment, and two, investors know that NASENI is a desirable partner for any manufacturing investment in Nigeria, and are keen to work with us. These investments will create jobs, transfer skills and technology to Nigeria, and deliver products that will serve the domestic and export markets, generating much-needed foreign exchange.”
Through his transformational leadership, Khalil has exhibited capacity and in less than 100 days of his appointment, he has made impactful and meaningful transformation in NASENI. Speaking on what propelled him to this outstanding performance, he noted that “What we have so far been able to accomplish is very modest compared to what we plan to achieve over the next few years. I have to say that any and all successes we have achieved and will achieve are down to the support of President Bola Ahmed Tinubu and Vice President Kashim Shettima, who have taken special interest in NASENI and are excited by our vision of transforming the agency and positioning it to play a critical role in delivering on the Renewed Hope Agenda. For example, Vice President Shettima was personally present at the ceremony in Beijing where we signed the $2 Billion MOUs with the Chinese companies.”
While responding to his plans to make a difference in commercializing research outcome to profitability, he disclosed that “I have always said, in all my speeches since I was appointed, that under my leadership, NASENI will become known as an Agency that successfully takes its products to the market. The days of being satisfied with prototypes and models are now over. Commercialization is a cardinal principle of our new vision for NASENI, we will put our products in the market so that they can be of benefit to consumers and end-users. I like to describe it as NASENI’s 3Cs – Collaborate, Create, Commercialize.”
Before his appointment as the EVC/CEO of NASENI, Khalil has sat at the board of reputable companies in Nigeria and West Africa, thus when asked about his philosophies and what makes him thick as a Chief Executive, he noted that “I believe that you must have core principles as an individual, an entrepreneur, and a leader. For me, my core principles include focus, integrity, humility, and an obsession with results. I am very passionate about what I believe in, and I am also very big on the power of collaboration and synergy to unlock lasting impact.”
Concerning what to expect from NASENI in terms of innovations and partnerships to ameliorate these challenges of these sectors in terms of affordability of key infrastructures, he informed that “Since I assumed office, we have engaged with and announced strategic partnerships with the Rural Electrification Agency (REA) and the Family Homes Fund (FHF), which are two key public sector agencies in these critical sectors you have mentioned. These are just examples of the kinds of partnerships we are building, to deliver on our mandate. We are always looking out for strategic partners, who share our vision and goals.
In the area of agriculture and food security, NASENI has various projects ongoing, including in the areas of Smart Solar Irrigation, Food Traceability, and Tractor Reactivation, and I have met with the Honorable Minister and Honorable Minister of State for Agriculture to discuss working together to support the Ministry and achieve the President’s food security agenda.”
While reacting to the public rating based on his outstanding performance since assumption of office as a proof that the youth have the capacity to be very productive if given an opportunities and responsibilities, and what he thinks Nigerian youths must do to contribute positively to national development, Khalil advised that “One important piece of advice for young people in Nigeria is to work hard and ensure you pay your dues, in whatever sector or professional field you find yourself. There are no shortcuts. Work hard to become known as a competent, passionate and diligent person in your field, and then doors of opportunity that you never imagined will open up for you.
