Personality in Focus
Red Clay Unveils Sustainability, ESG in Hospitality and Sector
In its desire for the sustainable transformation of the tourism industry and to integrate sustainability thinking in the hospitality and tourism industry, Red Clay, a specialist hospitality and tourism consultancy practice launched its sustainability and ESG tourism leadership webinar series on Wednesday, May 31, 2023.
The first session on design, funding, and investment practices interrogated the factors that influence design, investment and financing considerations that drive what is eventually built, the materials used and how these materials play a part in the user experience and long-term performance of the structures economically, environmentally and socially.
Dr Adun Okupe, Principal Advisor at Red Clay and convener of the series explained the need to address some of the challenges in the multi-layered and multi-disciplinary nature of the industry, and the role a sustainability mindset can contribute to tourism development.
Dr Okupe has worked on the tourism strategies and master plans for several states in Nigeria, including Lagos, Ekiti and Edo States, and shared that investors are increasingly requiring evidence of sustainability thinking in the type of tourism projects that are funded.
Rolake Akinkugbe-Filani, the Chief Commercial Officer at Mixta Africa, and a speaker at the event, explained the market trends for developments that integrate living, working and playing, which means real estate developments are increasingly having hospitality asset classes as part of their portfolio.
She shared that sustainability influences the viability of projects, in terms of the physical structure, as well as the market performance.
Investors and infrastructure financiers are looking at the sustainability considerations and ESG metrics in the projects they fund, even as developing economies seek to address the challenge of building sustainable communities.
Dipo Adebo of DAA Architects who recently worked on the Marriott Hotel, Ikeja explained that for the international and regional hotel management brands, ESG and sustainability are requirements to meet the international standards, including the design and materials used in hotel construction.
One of the challenges faced is the localization of supply chains. A possible solution was for local manufacturers and construction workers to be upskilled and empowered to meet these standards, whilst remaining competitive, given the prohibitive costs of local manufacturing.
He highlighted the need for proper documentation, design documentation, planning approvals for buildings, structural integrity tests for building projects, and the responsibility developers have in the quality of materials and builders used.
He shared the need for regular inspections by key agencies to ensure the buildings are structurally sound, in the wake of the recent building collapses in Lagos State.
Godson Ikiebey, a sustainability consultant and speaker at the webinar highlighted the need for a comprehensive framework for sustainability reporting in the hospitality and tourism industry, together with the required capacity building and awareness creation, to ensure key stakeholders can work together towards a more sustainable future for Nigerians.
Overall, the hospitality, tourism and real estate industry is rapidly evolving, and as investment and consumer trends change, there will be a need for innovative solutions that address the need for more sustainable communities.
“The next webinar in the series will look at cybersecurity and consumer protection, and how ESG and sustainability thinking can address these security challenges for the hospitality and tourism industry”, Dr Adun concluded.
Writers across Nigeria, under the auspices of the Society of Young Nigerian Writers (SYNW), have united in commemorating the 94th posthumous birthday of one of Africa’s greatest literary icons, Prof. Chinua Achebe. Achebe, renowned globally for his groundbreaking novel *Things Fall Apart*, remains an enduring symbol of literary excellence and cultural preservation.
In a statement issued by Wole Adedoyin, the President of SYNW emphasized Achebe’s unmatched contributions to African literature and his role as a beacon of inspiration for writers across generations. Adedoyin highlighted the Society’s unwavering commitment to honoring Achebe’s legacy through creative and impactful initiatives.
One of the key tributes mentioned is the *Chinua Achebe Annual Literary Festival and Memorial Lecture*, initiated by the Anambra Chapter Coordinator of SYNW, Izunna Okafor. Now in its 9th edition, the festival has become a significant platform for celebrating Achebe’s works and discussing his influence on modern African literature.
Cynthia Maduekwe, the President of the Nigeria Society of Campus Writers, also spearheaded the *Writers Tour*, another initiative aimed at engaging young writers with Achebe’s literary philosophy. This tour exposes aspiring authors to Achebe’s timeless themes of cultural identity, colonialism, and societal transformation, ensuring his legacy continues to inspire future generations.
The Society of Young Nigerian Writers (SYNW) reaffirmed its dedication to Achebe’s memory through these longstanding programs. Writers across the country were encouraged to reflect on Achebe’s life and works, sharing tributes and essays on social media platforms to further propagate his vision of storytelling.
Adedoyin lauded the efforts of writers like Okafor and Maduekwe, whose initiatives keep Achebe’s legacy alive.
He also urged literary organizations and institutions to continue collaborating to sustain Achebe’s impact on African literature and culture.
“Prof. Achebe’s work transcends literature. He gave Africans a voice on the global stage, presenting our stories with authenticity and pride. Celebrating his 94th posthumous birthday is a reminder of the power of storytelling in shaping society,” Adedoyin stated.
The SYNW also used the opportunity to announce plans for a series of upcoming events dedicated to Achebe in the coming year, including essay competitions, poetry readings, and book discussions. These programs aim to further Achebe’s vision of nurturing literary talent and promoting African narratives.
As the literary community celebrates Achebe’s life and achievements, his timeless words resonate: “Until the lions have their own historians, the history of the hunt will always glorify the hunter.”
Achebe’s legacy continues to inspire writers to tell their own stories, preserving the richness of African culture for generations to come.
The Society of Young Nigerian Writers concluded by inviting literary enthusiasts to join in celebrating Achebe’s enduring impact, emphasizing that his legacy is a shared treasure for all who value the power of words.
Personality in Focus
UBA Appoints Henrietta Ugboh Independent Non-Executive Director As Owanari Duke Retires from Group Board
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced the appointment of Henrietta Ugboh as an Independent Non-Executive Director.
The appointment has been approved by the relevant regulatory bodies, including the Central Bank of Nigeria.
UBA’s Group Chairman, Tony Elumelu, CFR commenting on the appointment, said, “Henrietta Ugboh brings a track record of professional success, integrity and leadership, which will further strengthen the UBA Group Board, underlining once again the Group’s commitment to robust corporate governance.”
Ugboh holds a degree in Economics and Statistics from the University of Benin, an MBA from ESUT Business School, and is an alumnus of the Harvard Business School’s Executive Management Program. She has over 30 years experience in banking with Citibank and is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and a Fellow of the Institute of Credit Administration (FICA).
Elumelu added that with her considerable experience and expertise, which includes commercial banking, credit, and risk management, the UBA Board is delighted to welcome Mrs Ugboh to the Group Board, “We look forward to her invaluable contribution to the Group, as we continue to execute our unique growth strategy across Africa and globally.”
The Board also announced the retirement of Mrs. Owanari Duke, an Independent Non-Executive Director, who joined the UBA Group Board in October 2012.
During her tenure, Mrs. Duke provided distinguished leadership, serving on Committees of the Bank including the Board Governance Committee, Board Audit, Governance, Nomination & Remuneration Committee, Board Credit Committee, Finance & General Purpose Committee and Statutory Audit Committee.
On behalf of the board, Mr. Elumelu expressed UBA’s deep appreciation to Mrs. Duke for her dedication and significant contributions to the Group, wishing her the best in her future endeavour.
United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than forty-five million customers, across 1,000 business offices and customer touch points in 20 African countries. With presence in New York, London, Paris and Dubai, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross-border payments and remittances, trade finance and related banking services.
Personality in Focus
Tinubu Hails FirstBank’s Immediately Past CEO, Adeduntan on Exceptional Service
By Eric Elezuo
Nigeria’s President, Bola Tinubu, has congratulated the immediate past Chief Executive Officer of the FirstBank of Nigeria Limited, Dr. Adesola Adeduntan as the bank holds a splendid Sendforth party on his behalf for a meritorious service.
The president’s congratulatory message is contained in a statement signed by his Special Adviser, Information & Strategy, Mr. Bayo Onanuga.
The statement reads in full:
PRESIDENT TINUBU CONGRATULATES DR ADEDUNTAN, AS FIRST BANK CELEBRATES EX-GROUP CEO
President Bola Ahmed Tinubu congratulates Dr Adesola Adeduntan, the retired Group Chief Executive Officer of First Bank Nigeria Limited, for his exceptional service at Nigeria’s oldest bank.
In celebration of Adeduntan’s remarkable tenure, the 130-year-old First Bank will host a special send-off ceremony this weekend, expressing gratitude for his contributions over the past nine years.
President Tinubu commends him for steering the bank through transformative growth, which includes expanding customer accounts from 10 million to over 42 million and elevating Profit Before Tax from N10 billion in 2015 to an impressive N300 billion in 2023.
These milestones, the President said, reflected Adeduntan’s visionary leadership and commitment to excellence.
The President expresses his appreciation for Adeduntan’s willingness to serve the nation in various pivotal roles, including his contributions to the Nigerian Economic Summit Group and other prominent institutions. His extensive expertise in the financial sector has significantly bolstered Nigeria’s economic landscape.
President Tinubu also lauds the bank’s solid internal management ethos, which is responsible for the seamless transition from Adeduntan to the current CEO, Olusegun Alebiosu.
President Tinubu wishes Dr Adeduntan continued success in all his future endeavours.
