Twenty-five distinguished chief executive officers (CEOs) of companies listed on the Nigerian Stock Exchange (NSE) were honoured last Saturday at BusinessDay’s 2013 Top 25 CEOs awards ceremony.
Special among the 25 CEOs are the Platinum Group whose members beat the ASI back to back in 2012 and 2013. They are the CEOs of International Breweries, Cadbury, NASCON and GSK. Others are the CEOs of CAP, Livestock Feeds, Transcorp and Nestle Nigeria plc.
The CEOs of CCNN, Lafarge Wapco and Dangote Cement Plc qualified from the building materials sub sector. From the conglomerates subsectors are the CEOs of Transcorp and UACN Plc. From the food and beverages subsector, we have the CEOs of Cadbury, Dangote Sugar,National Salt, Mchichols, Nestle and 7-UP. African Prudential Registrars, Stanbic IBTC and UBA Capital Plc from the financial sub sector have their CEOs among the 2013 distinguished award winners.
Furthermore, the CEOs of Fidson and GSK from the healthcare; Continental Re and Custodian and Allied Insurance from the insurance sub sector; Forte Oil and Conoil Plc from the oil and gas sector are among the award winners.
In addition, the CEOs of Livestock Feeds from the agric sector; International Breweries from the brewery sector; CAP from the Chemicals and Paints sector; Julius Berger from the construction sub sector, and UACN Property Development Plc from the real estate are among the award winners.
The CEOs that emerged as winners in this year’s edition included Peter Ashade of African Prudential; Oluwatoyin Sanni, UBA Capital; Oluwole Oshin, Custodian and Allied Insurance; Obinna Ufudo, Transcorp; Ade Adeniyi, National Salt; Fidelis Ayebae, FIDSON Healthcare Plc; Akin Akinfemiwa, Forte Oil Plc, Abdullahi Sule, Dangote Sugar Refineries; among others.
Oscar Onyema, Chief Executive Officer of the Nigerian Stock Exchange (NSE) speaking at the event, said the NSE plans to establish a Corporate Governance Rating System (CGRS) as part of efforts at ingraining corporate integrity into the fabric of listed companies in Nigeria.
To achieve this,he said, the company has entered into partnership with the Convention on Business Integrity, hoping that the system would empower people, their transaction systems and institutions, while external assurance would be provided by the Humdoldt-Viadrina School of Governance in Berlin, Germany.