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Arogundade, Sidmach MD Bags ‘Man of The Year’ Award

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Otunba Adedayo Peter Arogundade ‘APS’, the managing director of Sidmach Technologies Nigeria Limited, was at the weekend unveiled at the Nigeria CommunicationsWeek ‘Man of the Year’.

Prior to Sidmach, Mr. Arogundade worked at the Nigerian Telecommunications Limited (NITEL), now defunct, Unilever PLC, Shell Petroleum Development Company and Data Sciences.

He is an acclaimed System Developer, with numerous IT and executive leadership certifications acquired in Nigeria and overseas.

Speaking on the “Man of the Year’, Mr. Ken Nwogbo, editor In-chief/CEO, Communications Week Media, described Mr. Arogundade as a national leader in Computer and ICT awareness.

“Through his productive leadership, Sidmach, the company he leads has been singled out in 2016 by BoICT as both the Indigenous Software Provider of the Year in Nigeria and ICT Innovator of The Year.

Also in this same year, Technology Africa, during their “Titans of Technology Awards” recognized Sidmach as “Most Innovative Education Solutions Provider of the Year”.

These are testaments to Mr. Arogundade’s pious leadership that has positioned the Company as indigenous IT firm of repute.

Brief Profile
Mr. Arogundade hails from OgidiIjumu in Kogi State. He is a fellow of Nigeria Computer Society of Nigeria (fncs) and a member of Computer Professional Registration Council of Nigeria(mcpn) and member of Institute of Directors (M.IoD).

He is a graduate of the prestigious University of Lagos with a Bachelor of Science Degree in Computer Science and Mathematics.

His career spans over 3 decades in various organizations such as NITEL, Unilever, Consolidated Ace Ltd, Shell Petroleum and Data Sciences. He is a co-founder of Sidmach Technologies Nigeria Ltd (Sidmach) and has served the company in different capacities as Executive Director, Finance and Admin, Executive Director, Sales and Marketing, Executive Director ICT Infrastructure and Executive Director Software Development and now the Managing Director/Chief Executive Officer.

Avid promoter of Youth Education and Empowerment. He chairs the APS Youth Foundation that awards scholarship to students at various level and on the heel of this, Chief APS Arogundade has bagged various Recognition and Merit Awards in different Nigerian universities and Polytechnics including:

Excellent Leadership Award by National Association of Kogi State Students (NAKOSS)

National Philanthropist of Our Time-2011/2012 by Kogi State University’s Department of Mass Communication

Orphans Father of the Year by National Youth Services Corps (NYSC) Merit Award 2012

Special Recognition Award by Nigerian Association of Computer Science Students (NACOSS) University of Lagos 2015 among others.

Compassionate humanitarian, whose life has been dedicated to the building of communities.

Community Service Award 2014 by New Peoples Magazine for outstanding dedicated service to the people of Okunland

National Associations of Okun, Ebira and Igala Students Award of Kogi Humanitarian of the year 2015

Sammdebby Music Appreciation Award 2015 in Recognition of outstanding love and contribution towards the growth and development of moral music in the lives of children

As part of giving back to the community, he started ‘JustDay Educational Services’.

Elder APS Arogundade is an immense man of faith. While blazing trails in the business world and societal building on one hand, he is also involved deeply in the service of God on the other hand.

In addition to University of Lagos degree, he proceeded to Igbaja Theological Seminary for another degree in Church Administration. The following are features of his religious service of God.

He is basically into church planting and empowerment in the Vineyard

Has established more than 3 churches and still contributing to many

Elders for so many years in Evangelical Church Winning All (ECWA), serving in different capacity including Financial Secretary

Delegate from the provincial church (district) to the highest international governing body, General Church Council, (GCC) of ECWA Church.

Award of Merit on behalf of Christian Association of Nigeria (CAN)

Recognition and Appreciation Award from ECWA Brigade Fellowship 2015. He is the Grand Patron of ECWA Brigade Lagos

Chief APS Arogundade is a community leader, lover of the youths, national development instigator and man of integrity. He is married with two lovely children.

 


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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Inlaks CEO, Femi Adeoti, Wins Top CEOs & Next Bulls Award

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Femi Adeoti, managing director and CEO, Inlaks, Africa’s foremost Information Technology and Infrastructure solutions provider in West Africa, has been announced as a winner of the 2020 Top CEOs & Next Bulls Awards organised by Business Day Media Limited in collaboration with the Nigerian Stock Exchange (NSE).

The MD/CEO whilst receiving the award dedicated it to the management and staff of Inlaks for their relentless service even during these trying times.

He also appreciated the board of the organization that drove changes within the organisation particularly in the pandemic which led to the company being recognized and the customers who have continued to support Inlaks while being ambassadors of all Inlaks’ solutions.

The CEO and Next Bulls awards, the sixth in its series, recognizes the CEOs of listed companies creating competitive shareholder value through sound strategy, disciplined execution and world class governance. In addition, it celebrates chief executives of quoted companies that have demonstrated the most impressive gains in both share price and service delivery.

Themed “Advancing Against all Odds,” this year’s award particularly recognised businesses that have been thriving in spite of the global harsh economic realities.

According to the organisers of the award, the indomitable Next Bulls are the CEOs raging forward at a time when many businesses are choosing to retreat, thus acknowledging Adeoti’s good leadership in the area of corporate governance, innovation and service delivery.

The CEOs award celebrates the CEOs of successful, privately-owned indigenous companies built by Nigerians, led by Nigerians and poised to lead their categories on the continent.

Established in 1982, Inlaks is Africa’s leading Information Technology systems integrator with presence in Nigeria, Ghana, Kenya, Gambia, Sierra Leone, Guinea, Liberia and Cameroon. As solutions provider, it offers core banking, agency banking, fraud management, cyber-security, cloud, data centre, enterprise risk management and software solutions.

Part of the criteria for selecting winners of this year’s awards held virtually on September 5, are stock price appreciation, Profit After Tax (PAT) growth, an unblemished regulatory compliance record, and positive marketplace reputation among customers in the period under review.

Winners are also selected based on significant interest shown by active and informed investors on the Nigerian Stock Exchange to invest in their stock should their boards ever decide to take them public.


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Transcorp Hotels Hard Hit by COVID-19, Mulls Restructuring

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The novel COVID-19 pandemic has caused the African Hotel and Tourism industry to lose over $50bn in revenue.

Transcorp Hotels Hard Hit by COVID-19, Mulls Restructuring

Dupe Olusola, MD, Transcorp Hotels

Amidst this, Transcorp Hotels Plc has suffered unprecedented losses and is looking to restructure the business strategy of its hotels and optimize its operations.

The management of Transcorp Hotels Plc has announced that it will be taking steps to ensure business continuity in the wake of the losses recorded due to the COVID-19 pandemic.

To this end, the hotelier is diversifying its portfolio and reducing its workforce as part of its cost management initiatives.

Mrs Dupe Olusola, managing director, Transcorp Hotels Plc, disclosed this during a Press Conference on Thursday saying “The impact of COVID-19 on the business is like nothing the company has ever witnessed. The hotel and hospitality industry in Nigeria has never faced a crisis that brought travel to a standstill, including the Ebola Virus Outbreak of 2014 and the recession of 2015. The slow pick up of international travel, restriction on large gatherings, the switch to virtual meetings and fear of the virus, has drastically reduced demand for our hotels and occupancy levels to its lowest of less than 5%.”

According to her “Despite the losses incurred we have fulfilled our obligations to staff. At the inception of the pandemic, we maintained a 100% salary payment to our over 900 employees in March and April. We also activated various cost-saving initiatives such as renegotiations of service contracts and restructuring of our loans. We suspended further commitment to buy fixed assets and operating equipment as well as reducing our energy consumption and maintenance costs. Despite undertaking these, it has become apparent that more fundamental changes need to be made for the business to survive. To this end, our workforce headcount will be reduced by at least 40%, and our reward system will be optimized.”

Mrs Olusola further disclosed that negotiations are ongoing to ensure that our colleagues who will be impacted are adequately compensated given the peculiarities of the economy at this time.

A health insurance package to reduce their health burden costs, especially during the pandemic, amongst other payment settlements, will be activated.

Equally, all Executives of Transcorp Hilton Abuja have now taken a pay cut.

As one of the leading hospitality brands in Africa, Transcorp Hotels Plc has stated its commitment to uphold service standards and ensure that all guests continue to experience the warmth and hospitality that it is known for.


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LCCI Announces Date for Virtual Edition of ICTEL Expo

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The Lagos Chamber of Commerce and Industry (LCCI), the premier Chamber of Commerce and a leading voice in the organised private sector (OPS) in Nigeria, is set to host the 6th edition of the Information, Communication, Technology and Telecommunications (ICTEL) Expo.

The tech event is scheduled to take place virtually on Tuesday 22ndand Wednesday 23rd September at 9am daily. To this end, interested participants are urged to register online via www.ictelexpo.com.ng

Muda Yusuf, director general of the Lagos Chamber of Commerce and Industry (LCCI) said: “The ICTEL EXPO is positioned to be a veritable platform for both operators and regulators to network, showcase and explore with technology with the view to repositioning the ICT sector of the economy.”

Yusuf added “that this year’s edition promises to be the best ever in the series with the theme “Exploring Opportunities in the Digital Economy” This is intended to create a platform to discuss strategies for economic diversification and business sustainability with particular focus on ICT, especially with the current challenges posed by the COVID-19 pandemic. There would also be virtual conferences and exhibition during the two-day event.

Yusuf also emphasized that relevant agencies and departments of Government will be exhibiting and attending to other exhibitors and participants.

He stated that the Government Ministries, Departments and Agencies that have confirmed attendance to participate are Ministry of Communications; Nigerian Communications Commission (NCC) amongst others.

In addition, the Honourable Minister of Communications and Digital Economy, Dr. Isa Ali Pantami and the Executive Vice Chairman, Nigerian Communications Commission, Prof. Umar GarbaDanbatta, are expected as Special Guests.

Mrs. Funke Opeke, managing director, MainOne Cable and chairman, Presidential Committee on National Broadband Plan, is expected to deliver the Keynote Address on the first day.

While Mr. Victor Eburajolo, deputy group managing director, Kewalram Group, will be delivering the Keynote Address on the second day at the virtual Expo.

Yusuf stated that “so far, so good the excitement that the virtual Expo has generated has been phenomenal and we are indeed happy about it.”


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