Tuesday, June 19, 2012

Innoson Group Bags 2012 African Business Award

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THE Innoson Group of Companies has won the 2012 African Business of the Year Award. The colorful ceremony which took place recently at Grosvenor House Hotel in London, attracted top business executives and government officials around the world.

Chief (Dr) Innocent Chukwuma (OFR), Chairman and Chief Executive received the award on behalf of the Innoson Group. The honour was in recognition of the group’s spate of successes in Nigeria and Africa.

Explaining further the enormous contributions of Innoson Group, Mr Galib Virani of Afren International, an upstream oil and gas company, recalled that Innoson’s industrial record is not only outstanding, but heartwarming.

His words: “Innoson Group represents the best of Nigeria and obviously the champion of Africa. It is a thing of pride to have such a high profile group in the African continent,” Virani said.

Six distinguished business experts – Jean- Louis Ekra Runa Alam, Amadou Ba, Barbara James, Sir Samuel Jonah and Tim Turner –formed the panel constituted by the Commonwealth Business Council and African Business which vetted the nominees and recommended the Innoson Group after assessing her business leadership skills as having the ability to overcome tough hurdles in a hostile business environment like Nigeria.

The team also considered the group’s meteoric rise into auto parts engineering, assemblage and manufacture of automobiles in Nigeria. According to their submission, “there is no doubt that Africa, especially Nigeria’s improved reputation today, is largely due to the achievements of leaders like Innoson Group, and we wholeheartedly cherish your exceptional contribution to the economic and social development of Africa continent.”

Innoson Group was nominated for this year’s award by the Bank of Industry. The epoch making yearly event was put together by African Business Magazine and the Commonwealth Business Council (CBC) in partnership with Business in Africa Events, United Kingdom. The series, which started some years, has become one of the most prestigious events in the African business calendar.

The awards, spanning up to 13 different categories, cover various segments which relate to the development of the African continent, and enabling environment for business to thrive. The 2012 event however coincided with the second Commonwealth Economic Forum whose theme focused on reshaping capitalism for global prosperity and sustainable growth as well as highlighting the positive impact of business on society.

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