AACSB International-The Association to Advance Collegiate Schools of Business (AACSB), the world's largest business education network, celebrated the positive impact business school graduates are making in communities around the globe as part of the 2018 Influential Leaders Challenge. The challenge honours notable alumni from accredited schools whose inspiring work serves as a model for the next generation of business leaders.
Lagos Business School's alumnus Mr Paul Orajiaka of the Advanced Management Programme 20 and the Executive MBA 14 was recognised at AACSB's 2018 Deans Conference in Las Vegas, Nevada, USA. He was among a group of 29 business pioneers from 13 industry sectors, whose careers are addressing today's most pressing social, economic, environmental, and educational challenges. Orajiaka nominated by Lagos Business School was honoured for his passion for social entrepreneurship. Orajiaka's organisation Auldon Toys, launched the Culture vision to find and implement solutions to social, cultural and environmental issues facing the Nigerian child – as these are, the class of people his toys business caters for. Through the African themed dolls, his organisation has ensured an increase in cultural awareness, national pride, unity amongst ethnic divides and the upliftment of schools. Importantly, his company has created a product, not just for girls to have dolls that look like them, but to also pass a positive message. With the Culture Vision, Orajiaka has impacted positive social attributes into the Nigerian girl child, as a happy and inspired childhood creates happy, motivated and influential women.
According to Orajiaka, LBS helped him to become the person he is today professionally, "One key takeaway I learnt at LBS is that chasing value firstly in business rather than just a profit-oriented mindset is critical to long-lasting success. An impact focused business model is sure to endear you and your business to the society from which you derive your income" he concluded.
"Each honoree from the 2018 class of Influential Leaders reflects the mindset, knowledge, and passion that impactful business leaders must embody to impart a positive change in today's society," said Thomas R. Robinson, president and CEO of AACSB. "We would like to thank Mr Paul Orajiaka for demonstrating the true excellence and leadership we wish to see in the world, and we congratulate Lagos Business School for their role in helping to mould a new generation of global business leaders dedicated to driving impact that results in global prosperity."
Paul Orajiaka and his peers in the 2018 Influential Leaders class are recognised across three categories, namely: Alumni Business Leaders Working in Nonprofit or Community-Based Organisations - Leaders serving nonprofit and community-based organisations are making game-changing impacts—from a local level to a global reach—creating a better society for us all. With initiatives that include navigating the Hurricane Harvey crisis, transforming the lives of more than 150 million children around the world annually, and combating the causes of poverty, AACSB graduates demonstrate that some of the world's most impactful work occurs within smaller-sector opportunities.
The second category recognised was the Alumni Business Leaders Advancing Diversity and Inclusion - Advocates for diversity and inclusion are driving transformation across the corporate sphere by upholding a culture of mutual respect and championing the exchange of open ideas. Such efforts are furthered by leaders who forge and refine inclusion practices—based on appreciating differences—to break down cultural stereotypes and patriarchal norms. They also look to inspire today's youth in under-represented populations to pursue their dreams in non-traditional fields of study and professions.
The final category recognised was the Business Leaders Influencing Business Education - Businesses need students to be workforce-ready upon graduation, making the present a critical time for schools and businesses to work together to meet each other's needs. Outside of academe, some business leaders are driving fruitful partnerships between the two groups by cultivating a spirit of entrepreneurship and cross-collaborative mindsets. Others are developing free study services—available via a simple digital exchange—to more than 350,000 students globally, advancing access to success for everyone. Inside academe, leaders are transforming institutional culture by encouraging open dialogue between alumni, faculty, staff, business, and students, while investing in promising entrepreneurs across advantaged and disadvantaged regions.
For more information on the Influential Leaders Challenge, and to view a full list of honorees, visit www.aacsb.edu/influential-leaders
Lagos Business School is proud to announce that its Dean, Dr Enase Okonedo, has been appointed Secretary-Treasurer for AACSB International. She was elected to the board in 2015, and her new position became effective February 6th, 2018.
Okonedo is an accomplished professional with more than 30 years' experience in the financial services and business education sector and has held several leadership positions at LBS, including that of the EMBA director, academic director, and deputy dean of academics. In recognition of her exemplary leadership and contributions to the Nigerian education sector, she was conferred as a fellow of the Society of Corporate Governance Nigeria (SCGN). She is also a fellow of the Institute of Chartered Accountants of Nigeria (FCA), and a fellow of the International Academy of Management (IAM). Okonedo also served as a chairperson and member of the Association of African Business Schools (AABS) Board of Directors and is the president of AIFA Reading Society in Nigeria.
Other appointees are John A. Elliott, dean of the School of Business at the University of Connecticut as vice chair-chair elect and Caryn L. Beck-Dudley, dean of the Leavey School of Business at Santa Clara University, has assumed the role as chair of the board of directors of AACSB International.
As the world's largest business education alliance, AACSB International-The Association to Advance Collegiate Schools of Business (AACSB) connects educators, students, and business to achieve a common goal: to create the next generation of great leaders. Synonymous with the highest standards of excellence since 1916, AACSB provides quality assurance, business education intelligence, and professional development services to nearly 1,600 member organizations and more than 795 accredited business schools worldwide. With its global headquarters in Tampa, Florida, USA; Europe, Middle East, and Africa headquarters in Amsterdam, the Netherlands; and Asia Pacific headquarters in Singapore, AACSB's mission is to foster engagement, accelerate innovation, and amplify impact in business education. For original press release, visit prn.to/2nQHoVd.
Lagos Business School is pleased to announce the appointment of Mr Muntari Muhammad Zubairu, Senior Management Programme (SMP 29), as an Executive Director of Oando PLC, on Friday, February 3, 2018. The appointment will take effect from Monday, February 5, 2018.
Zubairu holds an MSc in Project Management from the University of Salford Manchester, an MBA from the University of Abuja and a BEngr Electrical Engineering from Ahmadu Bello University Zaria. He has also attended several Executive Management Programmes in the leading institutions including Harvard Business School, Insead Business School and Massachusetts Institute of Technology
He is also a member of Chartered Institute of Bankers of Nigeria, Nigerian Society of Engineers and Council for the Regulation of Engineering in Nigeria.
Zubairu is a highly respected leader with 26 years progressive experience in the financial services industry. His knowledge and achievements cover vital aspects of Banking, including International Banking, Treasury Operations, Retail, Corporate and Commercial Banking.
He was until recently, a Deputy General Manager and Group Head Commercial Banking North, at Access Bank Plc. In that role, he used his experience and vast network to drive the bank's strategy and growth in the North.
Prior to working with Access Bank, Zubairu worked at various times as Group Head Retail Banking and Public Sector at First Bank (2010-2017), Group Head Commercial Banking and Divisional Head Public Sector at Diamond Bank (1998-2010), and at FSB International Bank (1995-1998) and Citibank Nigeria (1992-1995) amongst other leadership roles.
Lagos Business School alumni, Glory Eyinnaya (EMBA 21) and Aidenehi Okosun (MBA 14) were finalists for the AMBA Student of the Year and the Entrepreneurial Venture of the year respectively, at the 2018 AMBA Awards held in London, United Kingdom.
The AMBA Student of the Year award sponsored by the Wall Street Journal is for the high performing MBAs who demonstrate outstanding skills and motivation towards becoming tomorrow's business leaders and the MBA Entrepreneurial Venture Award celebrates the achievements of successful alumni who are trailblazers in world-class business strategy. These awards also showcase the Business Schools that are nurturing the spirit of enterprise and ambition.
Glory Enyinnaya is a Management Consultant, Entrepreneur and a Prosci-certified Change Manager who has led the implementation of change on several technology implementation projects across Africa, including the West African team of the world's largest SAP deployment. She studied Accounting at the University of Nigeria and concluded an Executive MBA from Lagos Business School at the Pan-Atlantic University, Lagos in 2017.
Currently, she is the founder and Lead Consultant of Kleos Africa, an online consulting platform which aims to enable value-adding interactions between African SMEs and experienced MBAs and professionals, with the aim of increasing the rates of successful entrepreneurship in Africa. She is also the Program Manager for the African Women Entrepreneurship Cooperative (AWEC), an initiative of the New York-based Centre for Global Enterprise, which aims to empower 3,000 African women entrepreneurs by 2021. She is the President of the Lagos Business School chapter of the Beta Gamma Sigma, an international association for high-performing business-school graduates.
Aidenehi Okosun possesses about seven (7) years of post-graduate experience in various industries including the Energy, Technology and Food & Beverage industries where he has held several leadership roles ensuing his graduation from Management Information System at Covenant University and is a seasoned Business Developer with skills in Corporate Finance, Business Strategy, Financial structuring and modelling, Valuation and deal structuring, Process Improvement, Project Management and go-to-market strategy design. He presently sits on the board of several start-ups and provides mentorship to a slew of budding entrepreneurs. He has a keen penchant for "Social Entrepreneurship" and "Impact Investing"; particularly on business models that improve the Quality of Life in emerging markets especially in sub-Saharan Africa. He also has volunteer experience including the Tony Elumelu Foundation (TEEP), the Barcelona Technology Transfer Group, and the Diamond Bank Entrepreneurship Initiative.
Eyinnaya and Okosun were both delighted to have gotten to the final stages of the competition and are proud to be flying the flag of their Alma Mata. According to Okosun "Lagos Business School is one of only two schools who had nominees in major award categories, and this is worthy of note because LBS only recently became an AMBA accredited institution, the only school in West Africa with such coveted accreditation." Eyinnanya also stated that "I am very proud to have been nominated by LBS and to have reached the final stage of a competition that aims at recognizing the highest performing MBAs who have distinguished themselves in leadership, social impact and intellectual achievement."
According to the Dean of Lagos Business School, Dr Enase Okonedo "I am sure that they will be inspirations to many, including the current MBA students; not only to compete in competitions but to get involved in things that are impactful as well as contribute to social and economic development. LBS congratulates Eyinnaya and Okosun on this milestone and wishes them success in their future endeavours.
LBS welcomes Japanese exchange student Yuichi Nakamura, an MBA student at the University of Capetown, South Africa.
He says "I chose LBS because of my interest in carrying out social businesses within African countries for the future, thus my decision to study my MBA in South Africa. I wanted to see Nigeria because it is the most outstanding country, economically, in Africa.
This is my first time in the country, the people are friendly, and I like the food and energy. So far the experience in LBS has been enjoyable; I am taking the Negotiation and Agribusiness classes, which I enjoy, particularly the latter because it is necessary for understanding the African economy. By the end of my stay here, I expect to make relationships with Nigerians – particularly those in the business sphere."
The 23rd edition of the Executive Masters of Business Administration (EMBA 23) programme commenced on Monday, January 15, 2018, with over 75 students in attendance. The class comprised of persons from various sectors of the Nigerian economy, such as Finance, Health, Oil & Gas, Education, Consulting, amongst others. They all expressed their excitement and high expectations as regards the programme.
Vivian Chidueme, who works at Rifugio Communications expects to receive the necessary knowledge to ensure her development as a business manager. "The experience within the last week has been rather interesting; I love the environment and its conductivity for learning. LBS was my main choice because of its standards, and I expect to leave here with knowledge applicable to my career and the skills necessary to operate at the optimum level."
Nnamdi Ugwuoke, who works with Alcon Nigeria Limited, hopes to sharpen his managerial and business skills. "For me, LBS is one of the best business schools in Africa. From my research, I discovered they ensure quality in all aspects. LBS has acceptable standards applicable everywhere, especially in Nigeria, and since I am going to be applying my knowledge here, I might as well go for the best around, hence my choice.
So far, the experience has been mind-blowing, interactive and enlightening. At the end of the programme, I expect to get the best and improve my managerial, business and people-relation skills and view the world and the African economy from a different perspective."
Omoghene Olobia, who works at Ariosh Limited, expects to benefit from the group learning and case study method, to ensure an edge in her career. "I chose LBS because I wanted somewhere close to my home and workplace; I also want to enjoy the benefits of group learning and interacting with others. So far, I have found the experience challenging, but I believe the task is worth it. At the end of it all, I am sure that I would gain a lot that would be highly beneficial to my career."
Ayo Odunami, who works for Rainbow Educational Services Limited, expects to gain knowledge that would improve his business skills. "I chose LBS because I was looking for a business school with international standards and in proximity to where I live. So far, the experience has been filled with work but the facilities and faculty are fantastic, and my classmates are great. At the end of the programme, I expect to gain a lot of knowledge and insight to managing businesses – growing the one I have and probably start another one."
LBS Faculty; Prof Chris Ogbechie, Professor of Strategic Management and Prof Fabian Ajogwu, Senior Advocate of Nigeria and Professor of Corporate Governance, are members of a recently inaugurated Federal Government Technical Committee for the review of the suspended National Codes of Corporate Governance by the Financial Reporting Council of Nigeria (FRC).
The objectives of the committee include reviewing the suspended national codes of corporate governance taking into cognisance the extensive public commentary received on the suspended codes, developing/recommending the revised codes, and carrying out all such activities as are necessary to give the foregoing objective.
The Chairman of the board, FRC, Mr Adedotun Sulaiman stated, "the technical committee will focus on the corporate bodies, corporations, banks, insurance, pensions and other organisations and sectors whose activities contribute significantly to the economy. The draft exposure for this will be ready in three months, after that, that of the public sector and then the NGOs and not-for-profit organisations. We hope to achieve that before the end of the year" Sulaiman concluded.
Other members of the 16-man technical committee include a former President of the Institute of Directors, Ms. Bennedictar Molokwu; Partner at KPMG, Mrs. Tomi Adepoju; a director at the Corporate Affairs Commission, Garba Abubakar; MTN Company Secretary, Mrs Uto Ukpana; Deputy Director, Legal, Central Bank of Nigeria, Mr Kofo Abdulsalam; Mrs Tola Omotola of the Institute of Chartered Secretaries and Administrators of Nigeria; Mrs Benjamin Sallau of the Securities and Exchange Commission; Mr Abdulrahman Saleem of Pension Commission; and Mr Godstime Iwenekhai of the Securities and Exchange Commission. The remaining members of the committee are the Director, Supervision, National Insurance Commission, Mr Nicholas Okpara; Prof. Nat Ofo of Igbinedion University; Mr Tijani Borodo, a legal practitioner; and Mr Nelson Anumaka of the FRC.
Lagos Business School is pleased to announce that Mr Kabir Ahmed Tijjani, Senior Management Programme (SMP48), was appointed as an Executive Director for the Board of Premium Pension Limited, on Wednesday, January 17, 2018.
Mr Kabir Ahmed Tijjani is a certified IT Manager in the United States, member of the Nigerian Bar Association (NBA) as well as the Chartered Institute of Personnel Management of Nigeria (CIPM).
Tijjani has been with Premium Pension Limited since its inception in 2005 as a management staff. As a seasoned corporate lawyer, he served the company first as Secretary and head of Legal Services department. He played a pivotal role in developing various structures and policies that guide the conduct and affairs of the Board and management.
Tijjani also served as the company's pioneer Chief Marketing Officer (CMO), where he was saddled with the responsibility of facilitating the business development functions, customer base growth, and branch offices supervision
Congratulations Mr Tijjani.
Lagos Business School (LBS) recently organised an experiential information session for both part-time and full-time MBA prospects.
Prospects who attended the session came from various industries, including but not limited to Consulting, Banking & Finance, FMCG, Agriculture, Oil and Gas, etc.
During the session, prospects got a chance to be a part of LBS for a day. They got to ask questions about the MBA programme, toured the campus and participated in actual class sessions.
Obie Ibeji from Oriental Energy Resource Ltd, an Oil Expedition and Production Company said, "LBS offers academic programmes that have been ranked among the best in Africa, with a wide range of alumni that are doing well in their different areas of business. I would like to be part of that group.
Looking at the quality of experts LBS has, one would notice the diversity in teaching as they not only focus on the academic areas of teaching but are also involved in the business aspect of it. I think I am more advantaged taking courses with them, and I hope I get admitted."
James Awosheba from Vasari Construction Company, Logistics Unit, said, "Learning from the best business school in Africa would help me understand the business world in Africa; and the LBS environment has all it takes to impact that teaching which one seeks to grow and become successful in business".
Other session days are scheduled as follows: March 23, May 18, and September 22.
To participate, click here: https://www.lbs.edu.ng/programmes/mba/information_session.
As part of its Corporate Social Responsibility initiatives of adding value in the area of education, Lagos Business School has donated ₦500,000 to Bethesda Child Support Agency, a non-profit organisation that caters to the needs of less privileged children.
The donation, which was presented on Monday at LBS, is in fulfilment of one of the pledges made in 2016 to commemorate the School's 25th Anniversary.
Aderayo Bankole, Head, Corporate Communications, Lagos Business School, said during the presentation that the donation was in line with the school's vision of giving back to the society, particularly in the area of education where LBS chooses to make an impact.
In achieving that, Bankole explained, LBS "sought for a foundation that has a structure with a good track record and found Bethesda Child Support Agency worthy of this donation."
She further said that the donation was for a good cause towards providing educational opportunities for children in poor communities, advancing the educational sector in the society and implored the management of the foundation to make good use of it.
Ijeoma Nwachukwu, Programme Director, Bethesda Child Support Agency, expressed her appreciation to LBS and assured that the money would be used to improve the lives of over 800 students currently under the direct care of the agency.
"Presently, we have over 869 students in Bethesda direct care who receive free education from nursery to secondary school level. With this donation, we would be able to pay the school fees of students as well as acquire educational materials for others," she said.
Students and other staff of the agency who were present at the ceremony also lauded LBS for the donation and expressed their gratitude to the institution for coming to the aid of the foundation.
The donation was gotten from the proceeds of the 'Walk for Education'; an event put together by LBS, where members of staff and friends of the School joined hands to support the worthy cause.