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Personality in Focus

2023 Women CEOs: Onyeali-Ikpe, Olusanya Make Top 10

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The third annual Africa.com Definitive List of Women Chief Executive Officers (CEOs) was revealed on April 19.

Nneka Onyeali-Ikpe, Managing Director/CEO, Fidelity Bank Plc and Miriam Chidiebele Olusanya, Managing Director, Guaranty Trust Holding Company made the top 10 list. Both companies are listed on the Nigerian Exchange Limited (NGX).

The list is unique in that it is based on data-driven research. Sponsored by Standard Bank Group, it represents one of the first analyses of the performance of publicly listed companies in Africa conducted through a gender lens.

This year’s list of 93 women represents 17 countries who have qualified based on either large-scale revenue or large-scale market capitalisation.

BusinessDay check shows the list includes 40 women from South Africa, 12 from Nigeria, and 6 from Egypt, Ghana and Kenya respectively.

Africa.com analysed 2,020 companies listed on the 24 African stock exchanges. Of the 2,020 companies, Africa.com screened for those companies with revenue of $100 million or more, or a market cap of $150 million or more, which yielded a list of 787 companies.

The public websites of all 787 companies were examined to identify female C-suite executives. The team then researched each woman to determine those who have a title of chief executive officer or managing director or president AND conducted a review to confirm that these executives have bottom line, profit and loss responsibility for the companies. This resulted in 40 women CEOs on group 1.

The methodology for group 2 is identical to the methodology for Group 1, except that the entities evaluated were the divisions of the 787 companies, such that the divisions themselves have standalone revenue of $100 million or more.

The women running these divisions must have a title that clearly demonstrates that they are the chief executive with profit and loss responsibility for the division. This analysis yielded 28 women division heads.

Group 3 started with an analysis of global corporations with revenue over $10 billion who have operations in one or more countries on the African continent.

The regional heads of these companies were analysed to identify women executives for an Africa region or an African country, with profit and loss responsibility for the country or region. This analysis yielded 25 women. Women in this group are ranked by prioritizing those who run the Africa region ahead of those who run a single African country.

The three groups make up the final Definitive List of 93 women listed below. The 40 women from Group I are: Natascha Viljoen, CEO, Anglo American Plc, a company listed on Johannesburg Stock Exchange; Nompumelelo Zikalala, CEO, Kumba Iron Ore Ltd, also listed on Johannesburg Stock Exchange. Others are: Mpumi Madisa, CEO, Bidvest Group, a Johannesburg Stock Exchange listed company;
Bertina Engelbrecht, CEO, Clicks Group Ltd, also listed on Johannesburg Stock Exchange.

Also on the top 10 list include Nombasa Tsengwa, CEO, Exxaro Resources, listed on the
Johannesburg Stock Exchange; Albertinah Kekana, CEO, Royal Bafokeng Holdings, listed on the Johannesburg Stock Exchange; Jane Karuku, Group Managing Director & CEO, East African Breweries, listed on Nairobi Stock Exchange; Ntombi Felicia Msiza, CEO, Raubex Group Ltd, listed on the Johannesburg Stock Exchange,

Africa.com is a media holding company with an extensive array of platforms that reach a global audience interested in African content and community.

Culled from www.businessday.ng

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Personality in Focus

Ooni of Ife Loses Elder Brother Prince Adetunji

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The Ooni of Ife, Oba Adeyeye Ogunwusi, Ojaja II, has announced the passing of his immediate elder brother, Prince Adetunji Ogunwusi.

The monarch made the announcement in a statement released on Sunday through the Director of Media and Public Affairs at the Ooni’s Palace, Sodiq Lawal.

Describing the late prince as a respected businessman and compassionate leader, the Ooni said Prince Adetunji lived a life dedicated to service, humility and the wellbeing of others.

According to the statement, the death of Prince Adetunji has left a deep void in the Ogunwusi family, the Ojaja Royal Dynasty and the entire Ile-Ife Kingdom.

Prince Adetunji, who was born on December 8, 1967, was a member of the Ojaja lineage of the Giesi Ruling House in Ile-Ife. He was also the Group Chairman of Primewaterview Holdings, where he earned recognition for his contributions to business development and entrepreneurship.

The Ooni noted that his late brother built a reputation as an innovative entrepreneur and visionary leader. Through his business activities, he created opportunities for many people and contributed to economic growth in different sectors.

The monarch further stated that beyond his achievements in business, Prince Adetunji was known for his generosity, kindness and commitment to humanitarian causes. He was said to have quietly supported many individuals and families, offering assistance, guidance and encouragement whenever needed.

The statement added that Prince Adetunji’s influence extended beyond the corporate world, as he remained deeply connected to his roots and maintained a strong interest in the progress and development of Ile-Ife and its people.

The Ooni described his late brother as a dependable adviser, a loving family member and a man whose legacy would continue to inspire future generations.

Family members, friends, associates and well wishers have continued to pay tribute to the late prince, remembering him for his humility, wisdom and positive impact on society.

The palace said further details regarding funeral arrangements and other ceremonies would be announced by the family in due course.

Prince Adetunji’s death marks a significant loss to the royal family and the people of Ile-Ife, who will remember him for his service, leadership and dedication to humanity.

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Personality in Focus

NBA Election: Badejo-Okusanya Coasts to Victory, Becomes 2nd Female President

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The Nigerian Bar Association (NBA) has elected Oyinkansola Badejo-Okusanya, a Senior Advocate of Nigeria (SAN), as its next president after she polled the most votes when voting officially ended Sunday morning.

‎Mrs Badejo-Okusanya, the only female among the three presidential candidates, polled 12,317 votes to emerge the winner of the election, which was held through electronic voting for 24 hours. from 7:35 a.m. on Saturday to 7:34 a.m. on Sunday

‎She defeated her two challengers, polling 47.18 per cent of the 26,106 ballots cast in the presidential election, based on the final tally…

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Personality in Focus

Britain Get New Prime Minister, Andy Burnham

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Nearly a month after Keir Starmer’s resignation, former Manchester Mayor Andy Burnham, one of the most popular politicians in Britain, will become the country’s seventh prime minister in 10 years.

The move was made possible after Burnham won a byelection in the Makerfield constituency by a wide margin. He was then appointed as the leader of the ruling Labour Party on Friday, confirming him as Starmer’s successor.

A long political career

“Everyone can feel the country isn’t where it should be,” 56-year-old Burnham said after his Makerfield election victory, in remarks that already sounded distinctly prime ministerial. “From here on I will give everything I have got to make it so. To ensure the name Makerfield is forever synonymous with bringing about the change this country needs, bringing back something we’ve lost ― hope ― hope for the future.”

Burnham is seen as a leading figure on Labour’s moderate-left wing and has decades of experience in both national and regional politics. He first entered Parliament in 2001. Under Prime Minister Tony Blair, he served as a junior minister at the Home Office before Blair’s successor, Gordon Brown, appointed him to roles at the Finance Ministry, the Department for Culture, and later as health secretary.

Burnham even ran for the Labour leadership twice, in 2010 and 2015. In 2017, he left Parliament to become mayor of Greater Manchester, a region of around 2.8 million people in northern England. He has since won reelection twice, most recently getting nearly two-thirds of the vote.

Among Burnham’s most notable achievements in Manchester is the expansion of affordable public transportation. Housing and health care have also been central priorities throughout his time as mayor. He is critical of Brexit, the UK’s exit from the European Union in 2020, and describes himself as an advocate of “pro-business socialism.”

During the COVID pandemic, Burnham locked horns with then-Prime Minister Boris Johnson, demanding greater financial support for businesses and workers affected by lockdown restrictions. The confrontation and his general success in Manchester earned him the nickname “King of the North.”

In the past few years, Burnham’s main criticism of his Labour Party colleague Keir Starmer has focused on the prime minister’s cuts to welfare spending. Which policies Burnham would pursue should he succeed as prime minister has so far largely remained undefined.

A working-class northerner

Burnham is deeply rooted in the former mining and industrial communities of northern England. Born in 1970 in Aintree, near Liverpool, he grew up in the village of Culcheth with his father working as a technician and his mother as a medical assistant.

While studying English at Cambridge University, Burnham later said he often felt like an outsider. Inspired by the miners’ strike of the mid-1980s, he joined the Labour Party at the age of 14.

He’s been a lifelong supporter of Everton Football Club. His wife is Dutch, and the couple has three children. Burnham also has a tattoo of the worker bee — a symbol of industry and solidarity — on his right upper arm.

Today, Burnham is among the most popular politicians in the United Kingdom, and many supporters see him as Labour’s best hope of countering the rise of the right-wing populist Reform UK party of Nigel Farage.

Yet since the Brexit referendum in 2016, the office of British prime minister has become somewhat precarious. Burnham would be the seventh person to hold the position since the referendum a decade ago. If he does succeed Starmer, he will inherit a country still grappling with deep political, economic, and social challenges.

This article was originally published in German on June 22 and updated on July 17 to reflect Andy Burnham being appointed Labour Party leader.

Culled from DW.com

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