SONA Group’s Chairman honoured as one of Nigeria’s ‘Top 25 CEOs’
SONA Group’s Chairman, A.K. Mirchandani, has been recognised as one of Nigeria’s leading investors. He was recently honoured among the country’s top 25 CEOs in the country at the ‘Top 25 CEOs & Next Bulls Awards’. He drew commendation for his leadership as well as for his company’s contribution to growth and development in the industrial sector of the economy.
The ceremony was put together by Business Day, in conjunction with the Nigerian Stock Exchange, NSE, to recognise and appreciate key industry players who have remained steadfast in their efforts to ensure the growth of the economy.
Mr. Mirchandani, who dedicated the award to the entire staff of the company, said: “This award is not for one person but a team of 6000 people who have all contributed to this achievement and I say a very big thank you.”
He thanked the organisers of the event for honouring the efforts of industry players and stakeholders who are creating more business opportunities for various sectors of the country’s economy.
Publisher and Managing Director of Business Day, Frank Aigbogun, said the award was an avenue to drive businesses to do more for the development and growth of the industrial sector.
“Businesses that we lead must focus on growing their bottom line continuously, so they can be a shining and guiding light for others looking to come into this country and together, we can continue to create jobs for the youths of Nigeria,” he said.
Mr. Mirchandani was educated and trained in India. He later updated himself in New York University in the area of real estate investment. An industrialist of repute, he has, in the last four decades, built several industries. Interestingly, he has always believed in industries based on local raw materials. To him, such industries are sustainable in the long term and have more impact on the economy.
Quite naturally, this industry leader also believes in backward integration and capacity building based on local raw materials through labor training which ultimately leads to job creation and value addition to the economy.
Originally, he started out with the garments and textile industry; and diversified into food, beverages and packaging industries based on a minimum of 90% local raw materials utilisation. He is also into real estate and housing. His Group of Companies operates across Africa, including Nigeria and Ghana. The group is reputable for maintaining international standards in packaging and presentation to compete favourably in the export market.
Mr. Mirchandani, who holds Ghana citizenship, is also a renowned philanthropist who has done so much, especially in the area of eye care, in association with an Eye care program and welfare. The Trust has a centre in Lekki, Lagos from where free eye care and lenses are provided to indigenes.
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