Alpha Mead Group, one of Africa’s leading Total Real Estate Solutions Company, has been recognized as one of the ‘Next Bulls’ on the Nigerian Stock Exchange (NSE) by BusinessDay Media, in collaboration with the NSE.
The award presentation ceremony which held as part of the newspaper’s fifth edition of the Top 25 CEOs’Award in Lagos recently had other leading brands such as Airtel, IHS Towers, Tolaram Group, Zinox, Innoson Group, Enyo and others in the same category.
According to Publisher and CEO of BusinessDay Media, Frank Aigbogun, the award is instituted to identify and celebrate some of Nigeria’s most innovative companies with authentic brands, incredible growth trajectory, market dominance, outstanding value system, adherence to global corporate governance systems and visionary leadership.
A statement signed by Aigbogun, explained that the award comes on the backdrop of a survey conducted amongst active investors on the NSE. “It celebrates private, indigenous companies that active, informed investors on the NSE have expressed a strong demand to own their shares if their boards ever decide to take them public”, the statement furthered.
Explaining Alpha Mead’s performance in the survey the statement noted: “more than 90 respondents identified Alpha Mead Group as a company whose stock they would like to own in their dream equity portfolio for long-term holding if the choice was limited to only 10 companies. In total, 214 respondents affirmed that they would invest in the company’s initial public offering (IPO) if it ever approached the market”.
Reacting to the award, Group Managing Director, Alpha Mead Group expressed sincere gratitude to BusinessDay and the NSE; noting that the award is another testament to the fact that the Real Estate industry remains a sector to watch as the Nigerian business environment positions for global investment.
Akintunde who dedicated the award to the over one thousand Alpha Mead employees across the 13 countries where the company currently operates said: “this is indeed humbling. It is for us another demonstration that our efforts to lead the positioning of Nigeria’s Real Estate sector into the mainstream of our nation’s economic scheme of things is paying off”.
“The Nigerian business environment is indeed challenging, particularly for a Real Estate sector that is just wriggling its way out of recession. But in the midst of this, we have ensured we stayed steadfast and committed to global best practices and sound corporate governance regime. And this is paying off well not just for Alpha Mead, but the Real Estate sector”.
“Just in January, we were also among the Companies to Inspire Africa selected by the London Stock Exchange Group (LSEG); and in 2013, I was recognized by Ernst & Young as the Entrepreneur of the Year emerging category. All these, for us at Alpha Mead is not about our brand, but what they mean to the Real Estate sector. Being instrumental to beaming the light on the industry and being constantly guided by the huge responsibilities this places on us is a role we take very seriously”, Akintunde concluded.