Nestlé Nigeria CEO, Wassim Elhusseini, Recognized at BusinessDay Top 25 CEO Awards 2024
Nestlé Nigeria is proud to announce that its Chief Executive Officer, Mr. Wassim Elhusseini, has been recognized as one of the Outstanding CEOs at the prestigious BusinessDay Top 25 CEO Awards for 2024. The event, held on September 28, 2024, celebrates the achievements of CEOs from companies listed on the Nigerian Stock Exchange (NGX) and those in the Next Bulls category, comprising businesses primed for listing on the exchange.
The BusinessDay Top 25 CEO Awards highlight leaders who have navigated the challenges of today’s business environment while driving remarkable success within their organizations. Mr. Elhusseini’s recognition comes at a time when many companies are scaling back operations due to economic uncertainties, but Nestlé Nigeria continues to thrive, expanding its business and investing in innovation and talent development.
In the first half of 2024, Nestlé Nigeria posted significant growth, recording an impressive 67% increase in second-quarter sales compared to the previous year, despite the challenging business climate. This growth reflects the strength of Nestlé’s brands and the trust consumers place in them, demonstrating the company’s unwavering commitment to providing quality products.
After receiving the award, Mr. Elhusseini remarked, “This recognition is not just a personal honor but a testament to the resilience, dedication, and unwavering spirit of the entire Nestlé Nigeria family. Our performance, especially in the first half of 2024, proves that with a focus on innovation, operational excellence, and the hard work of our employees, we can continue to thrive. This award belongs to every employee, partner, and stakeholder who has believed in our vision.”
Under Mr. Elhusseini’s leadership, Nestlé Nigeria has been at the forefront of innovation, introducing several new products that have resonated with Nigerian consumers. Beyond financial success, the company remains committed to creating shared value in the communities it serves, with initiatives focused on education, nutrition, and environmental sustainability.
“We believe in the power of community and the importance of creating shared value,” Mr. Elhusseini added. “Our initiatives are making a positive impact on the lives of many Nigerians, and we will continue to drive efforts that benefit both our business and the communities we operate in.”
Since its inception in 2014, the BusinessDay Top 25 CEO Awards have honored business leaders who exhibit exceptional courage, forward-thinking strategy, and a commitment to the growth and sustainability of their organizations. Mr. Elhusseini’s leadership through one of the most difficult periods in the industry has solidified Nestlé Nigeria’s standing as a trusted household name across the nation.
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