The BusinessDay Top 25 CEO Awards 2024 celebrate the accomplishments of CEOs from Next Bulls—a select group of businesses slated for NGX listing—and companies listed on the Nigerian Stock Exchange (NGX). These CEOs have led their companies to outstanding success in addition to navigating the complexity of today’s business environment.
Wassim Elhusseini, the Chief Executive Officer of Nestlé Nigeria, was named one of the Outstanding CEOs at the recent BusinessDay Top 25 CEO Awards.
Nestlé Nigeria has demonstrated resilience in the face of industry disruptions by investing in innovative product development and people. The company reported strong growth in the first half of 2024, with a remarkable 67% increase in second-quarter sales year-over-year, despite the difficult business environment. These results highlight the strength of Nestlé Nigeria’s brands and the trust that consumers place in them.
“This recognition is not just a personal honor, but a testament to the resilience, dedication, and unwavering spirit of the entire Nestlé Nigeria family. Despite the challenges we have faced as an industry, our performance, especially in the first half of 2024, is proof that with a focus on innovation, operational excellence, and the hard work of our employees, we can continue to thrive. I am immensely proud of what we have achieved together, and this award belongs to every employee, partner, and stakeholder who has believed in our vision,” stated, Nestlé Nigeria’s CEO after receiving the prestigious award.
BrandSpur national news brand reports that the accomplishments of Nestlé Nigeria go beyond their financial results. The business has led the way in innovation, introducing several cutting-edge goods that have found favour with customers. Furthermore, Nestlé Nigeria is still dedicated to research, talent development, and generating shared value in the communities in which it operates.
Furthering, Elhusseini had this to say: “We believe in the power of community and the importance of creating shared value.
“Our initiatives in education, nutrition, and environmental sustainability are making a positive impact on the lives of many Nigerians,” he added.
The Top 25 CEO Awards were established in 2014 by BusinessDay Media Limited to honor executives who demonstrate extraordinary bravery, strategic foresight, and a steadfast dedication to the expansion and sustainability of their companies.
However, Nestlé Nigeria has become a household name in Nigeria thanks to the values that Wassim Elhusseini upheld during one of the most challenging years in the company’s history.
