Home / Auto Report Africa / Maduka, Coscharis boss , named ‘Investor of the Year’
The President/CEO, Coscharis Group, Dr. Cosmas Maduka (middle) is supported by his wife as he receives the award from Oba Adeyeye Enitan Ogunwusi Ojaja II, Ooni of Ife , at the ceremony

Maduka, Coscharis boss , named ‘Investor of the Year’

Another honor has come the way of  Dr. Cosmas Maduka, President and CEO of Coscharis Group, one of Nigeria’s leading conglomerates, as he has been recognised as the numero uno ‘Investor of the Year’ in Nigeria during the 2017 Sun Award ceremony held recently in Lagos. The award was given in recognition of Maduka’s doggedness in building the Coscharis Group from the  scratch into a household brand and contributing immensely towards the economic growth of Nigeria and  in the area of job creation.

Receiving  award at the ceremony, Maduka described it as a prized recognition for his struggles and challenges over the years which, according to him, had been turned into 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 such as BMW, Jaguar Land Rover, Ford, MINI and Rolls Royce over the years as their representative in Nigeria.

 Speaking at the ceremony, the Managing Director of The Sun Publishing Limited, Eric Osagie, said : ”We felt strongly that Dr. Cosmas Maduka duly deserves this special award based on the fact that within a short time of diversifying into agriculture, the Coscharis Rice brand name has become an household 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”.

 Osagie also stressed that “Coscharis Group has grown in leaps and bounds,” adding ” 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.”

Describing  Maduka as an ardent adherent in the Nigerian project despite its harsh operating environment, Osagie said: “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,.”

 The General Manager, Marketing and Corporate Communications, Coscharis Group, Abiona Babarinde, described the award as yet another valuable confirmation of the massive impacts and belief that Maduka have had in the Nigerian economy and beyond using the Coscharis brand.

The Group is a conglomerate with investments in cars assemblage, automobiles sales and services, autocare and auto components distributorship, ICT, petrochemical, , agriculture and agro-allied business with operations across Nigeria, Gabon, Cote D’Ivoire and Ghana.

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