Cosmas Maduka, president/CEO of Coscharis Group, was recently recognised as the numero uno Investor of the Year in Nigeria during the recently held Sun Award 2017 ceremony in Lagos.
This was in recognition of his doggedness in building Coscharis Group into a household brand from scratch and contributing immensely towards economic growth in Nigeria and in the area of job creation.
In receiving the Sun’s Investor of the Year award, Maduka described it as a prized recognition for his struggles and challenges over the years which he had turned to opportunities to build a timeless organisation.
According to the organisers of the award, The Sun Publishing Limited, Maduka had built a global brand with a local brand name in Coscharis having secured the confidence of globally respected auto brands with exclusive franchises of brands as BMW, Jaguar Land Rover, Ford, MINI and Rolls Royce over the years as their representative in Nigeria. In his words, Eric Osagie, the Managing Director of The Sun Publishing Limited, ”we felt strongly that Dr Cosmas Maduka duly deserve this special award based on the fact that within a short time of diversifying into agriculture, the Coscharis Rice brand name has become an house hold name within the agro – allied sector. This really gave the judges an easy task to give him this award based on his dynamism within the business terrain having virtually conquered the auto world, now doing well in agriculture”.
In addition, Osagie said: “Coscharis Group, has grown in leaps and bounds. It is now one of Nigeria’s fastest growing conglomerates, with interests spanning manufacturing, ICT, petrochemical, autocare and auto components, automobiles sales and services, agriculture and agro-allied business.”
He enthused further that Dr Maduka is an ardent adherent in the Nigerian project despite its harsh operating environment. “You have continued to venture and invest. Sometimes, one wonders what drives you. At the time when some investors are going away, you are investing more and more.”
According to Abiona Babarinde, the General Manager, Marketing and Corporate Communications, Coscharis Group, this award is yet another valuable confirmation of the massive impacts and believe Maduka have had on the Nigerian economy and beyond using the Coscharis brand.