Samsung, Sujimoto endorse BusinessDay 2015 Top 25 CEOs Awards

BusinessDay will next week March 24, 2016 recognise and honour the top corporate performers on the Nigerian Stock Exchange (NSE) in its annual top 25 CEOs Awards.

The annual award and dinner was conceptualised to acknowledge and celebrate the CEOs whose companies’ share prices outperformed the NSE’s All Share Index in a particular financial year.

Also, the Company’s latest quarterly financial results were also taken into consideration in the analysis, in terms of sustainable profit after tax (PAT).

This year’s event will take place at the prestigious Wheatbaker Hotel in Ikoyi, Lagos State. Samsung, a multi-billion dollar multinational conglomerate and the world’s largest technology company and Sujimoto, a foremost global luxury real estate developer have endorsed this year’s ceremony. Sujimoto’s portfolio of projects includes luxury townhouses, hotel apartments and luxury apartments located in Ikoyi and Lekki in Lagos, Nigeria, as well as in Accra, Ghana.

At this year’s dinner, Samsung will be presenting the 2015 award to recipients with its latest Samsung Galaxy S7 edge Smartphone just released into the market on March 11, 2016. The new Smartphone device has consistently received rave reviews globally and has been scored favourably, as well as ranked highly by renowned tech analysts. Some of the phone’s features include the expandable memory, low-light camera, fast wireless charging and water-resistance (up to 30 minutes in up to 5 feet of water).

Guests expected at the 2015 awards include Pascal Dozie, Chairman of MTN Nigeria, who also is the Chairman of this year’s event. Jumoke Oduwole, Senior Special Assistant to the President on Industry, Trade and Investment and Nike Akande, the President of the Lagos Chamber of Commerce and Industry are the Special Guests of Honour. Keynote Speaker for the Top 25 CEOs awards/dinner is Oscar Onyema, the Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE).

In selecting this year’s edition of CEOs, the Award Committee considered various criteria such as prompt release of financial results. Consequently, it was not all the companies that outperformed the all-share index that were selected because the Committee was not able to justify appreciation in the share prices of those that were not selected.

The celebration of the 2015 Top 25 CEOs is worthwhile because these Companies defied the odds in 2015 before ending the year as outperformers

The Top 25 Companies for 2015 (not in any particular order) are Forte Oil, Total Nigeria, Mobil Nigeria, Law Union and Rock Insurance, Unity Bank, Okomu Oil, Red Star Express, 7-Up Bottling Company, NEM Insurance, Unilever and NPF Microfinance Bank Plc, Lafarge Cement and WEMA Bank.

Others are Custodian and Allied Plc, AIICO, NASCON, Berger Paints, Beta Glass, Presco, Pharma-Deko, ASL, CAP, Continental Re, Wema Bank and United Capital.