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CEO Profile: Bako Ambianda, A Global Business Disruptor

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Bako Ambianda is the Founder, Chairman, and CEO of Labacorp Group of Companies (LGC), a dynamic diversified holding company with a portfolio of businesses and strategic investments in key sectors. He serves as the President and CEO of Labacorp Energy Limited (LEL), an indigenous oil and gas company with operations in the energy, mining, and power generation sectors primarily in Cameroon with extended operation’s in international markets.

A versatile and innovative entrepreneur, Mr. Bako also serves as the President and CEO of Labacorp Power Company (LPC), an independent power producer and renewable energy development company. He is also the Managing Partner of Labacorp Investments SARL (LIN), an acquisitions and investment management firm dedicated to African markets.

Well-known and respected as an International Development Expert, with the ability to assemble business and government leaders. Mr. Bako is the Founder, Chairman & CEO of ATIGS Group, Inc (Africa Trade & Investment Global Services), a trade promotion, project facilitation, and development company, that offers full spectrum of consulting and business development services to companies looking to expand or establish their operations in African markets. Mr. Bako is the creator and leading proponent of the “Afridevelopism” economic concept, and an active player in activities pertaining to trade, investment, and economic development in Africa. He is an indisputable powerful connector who has a strong track record of operational excellence, with an extensive global network.

He has been quoted many times in media, and received several honours and awards for catalyzing significant development initiatives to name a few: In 2019, he featured in the official African Union (AU) Invest in Africa Magazine as an African Diaspora that is playing a leading role in contributing to the development of Africa, and the magazine was distributed to the office of all African heads of state. He received the 2019 Africa SME Development Award by Africa Business Portal (ABP).

In 2018, Mr. Bako was named one of the Most Influential People of African Decent (Under 40) by MIPAD, and he also received the 2018 Global Business Disruptor Award by Professional Association of Young Africans (PAYA) in Texas. In 2018, Mr. Bako made history in hosting the Africa Trade & Investment Global Summit (ATIGS), the premier Africacentric business event held in the United States in 2018 at the Ronald Reagan Building and World Trade Center,Washington DC with over 2,300 high-level delegates from 92 countries.

The event also featured on the Nasdaq Tower,Times square, New York, the most valuable advertising spaces in the world. The ATIGS event which he founded in 2015 is a leading prestigious biennial Africa-global business conference and exhibition. In 2018, Mr. Bako hosted the first ever Africa House at the International South by Southwest Festival in Austin, Texas. The event was powered by Africa Worldwide Alliance Partnerships (AfriWAPA), an initiative which he founded in 2017 to help African enterprises of all stages build their brands at mega international shows.

In 2016, he founded Solar Business Events, a portfolio of leading solar exhibitions and conferences including Solar Business Festival (SBF), and Solar Business Expo (SBE) which has been held successful in Texas, Chile, Florida, Mexico, and Coastal Rica. In 2016, the Solar Business Festival (SBF) became the largest solar trade show ever held in the state of Texas and was endorsed by Governor Gregg Arbor, Mayor Steve Alder, and Congressman Lloyd Doggett. In 2017, and 2018, Panasonic North America was the presenting Sponsor.

In 2015, he founded Global Attain Advancement (GAA), an international trade mission, publishing, and events company that implements trade programs, capacity building workshops, and high-quality events to help businesses connect with customers, lunch new products, promote their brands, and expand into new markets.

In 2012, he founded Bako Ambianda International (BAI), a professional development organization that focuses on unlocking the potentials of young professionals globally. Through BAI, he lunched The Bako University, to mentor, train and coach young professionals. Mr. Bako has spoken at several universities and authored six books on economic development and personal development including ‘Destined to Win In the Game of Life” “Ingredient to Uplift Your Journey”, “Who’s in Your Ears”, “Invest in Your Mindset”, “The Unstoppable Warrior” “Bako Nine Wisdom Keys” and “Fueling Africa’s Economic Development”.

Also Read Afripreneur Profile: Dayo Adedayo, The Man Behind The Lens

He is armed with the knowledge, expertise, and understanding of business opportunities that exist in Africa, and speaks regularly at international gatherings on Solar Power, Doing Business in Africa, International Trade, Foreign Direct Investments (FDI), and Economic Development in Africa. He holds several board and advisory positions including PULSAR Development International Ltd, Evrensel Capital Partners Inc, AGRI-INVEST Sarl, Tiwala Markt Company LLC, and Asian-African Chamber of Commerce & Industry (AACCI).

Mr. Bako holds a BSc degree in Civil Engineering from the University of Texas at Austin, with advanced professional certificates in international development, strategic project management, and economic diplomacy. He is a global citizen, born and raised in Cameroon, Africa, and based in Houston, Texas (USA).

 

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CEO Corner

Rolake Rosiji, ex-Country Manager M-KOPA Solar Appointed As The New CEO Of Jobberman Nigeria

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Rolake Rosiji, CEO at Jobberman (Source: ROAM)

Jobberman, the single largest job placement platform in sub-Saharan Africa, has announced the appointment of Rolake Rosiji as the new CEO. Rolake takes over from Hilda Kragha, now Managing Director of ROAM Africa Jobs, and will continue the work of establishing Jobberman as the primary platform for job searching, talent acquisition and transforming workplace productivity across Nigeria.

Jobberman’s technology-driven platform, which uses tools such as application tracking, data science for skills and personality assessment, connects over 1 million job seekers to employers. With over a decade of experience in the recruitment industry, the company has built a reputation of trust and strong partnerships with the country’s most coveted employers; matching talented candidates with jobs according to their skillset.

Rolake joins Jobberman with a decade of global experience in strategic leadership and operational excellence. Most recently, she led the technology and sales operations for credit financed smartphones and solar power sets as Country Manager of M-KOPA Nigeria; a connected asset financing company that makes financing for everyday essentials accessible to everyone. Prior to that, she was Head of Strategy & Business Development for Arla Foods Africa, where she developed distribution and joint venture partnerships across West Africa to rapidly scale up sales and worked in Corporate Strategy roles in Denmark and the USA. Her proven track record of business expansion projects, digital and technical transformation and executing strategic partnerships will be key to her implementation for growth and development of the brand.

Commenting on her new role as CEO, Rolake Rosiji said “This is a very exciting chapter in my career and I am delighted to be joining such a passionate and innovative team. Jobberman has built a brand of excellence by using technology to revolutionise the recruitment sector. I look forward to steering the company vision to build a market of greater technology adoption, democratic access and transparency that will tackle dominant challenges, notably youth unemployment and underemployment.  It is a privilege for me to be at the helm of this dynamic team as we set out to empower job seekers with key skills and improve workplace productivity for employers in Nigeria.”

Hilda Kragha, Managing Director of ROAM Africa Jobs added “I am delighted that Rolake has taken on this position. Rolake’s expertise, understanding of different markets and high performance is what makes her the perfect person to anchor the next phase for Jobberman. I look forward to working with her to take Jobberman to even greater heights.”

Rolake took on her role as CEO on February 1st 2021. Her focus will be to broaden the impact beyond the white-collar space and continue to work closely with Jobberman’s impact partners in tackling youth unemployment in Nigeria.

ROAM

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AVCA Board appoints Abi Mustapha-Maduakor as CEO

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AVCA CEO, Abi Mustapha-Maduakor (Source: AVCA)

AVCA: The Board of Directors of the African Private Equity and Venture Capital Association (AVCA) is delighted to announce the appointment of Abi Mustapha-Maduakor as Chief Executive Officer (CEO).

Ms Mustapha-Maduakor joins AVCA from MedAccess, a subsidiary of CDC Group, where she was Head of Business Operations and Finance, overseeing financial and risk management, strategy implementation, and organisational development.

During her tenure as AVCA’s Chief Operating Officer from 2016 to 2019, Abi played an integral role in driving the Association’s strategy, prioritising knowledge exchange and digitisation. Under her leadership, the Association strengthened focus on data and pioneering research, professional development support for private equity stakeholders, and strategic regional partnerships, all of which grew the membership to around 150 investors collectively managing US$1.5trn in assets.

The appointment follows an extensive global search led by the Board.

Abi will take up the position on 1 February 2021, and there will be a transition period with interim CEO, Dara Owoyemi, until her departure.

‘Tokunboh Ishmael, Chair of the Board, said: “After a rigorous process, it was clear to the selection committee that Abi is the right leader for this chapter in AVCA’s life. Her knowledge of the African investment landscape, advocacy, business strategy and risk management will be instrumental in her role leading the Association through its next phase and transformation, as investors and portfolio companies navigate various social, economic, political and institutional challenges. On behalf of the Board, I would like to thank Dara Owoyemi for her immense support and guidance as we searched for a permanent CEO.”

Abi brings several years of finance and banking experience to the role. Previously, she was Special Adviser on private sector development to the Minister of Industry, Trade and Investment in Nigeria. She also held leadership positions at Royal Bank of Scotland, Lloyds Banking Group and EY.

Commenting on her appointment, Ms Mustapha-Maduakor said: “It is an honour to be appointed as CEO during this time of tremendous change in the global economy. As the Association’s new leader, my priority will be to build on the success of the past 20 years and transform AVCA into a conduit for diverse and varied sources of private investment in Africa. I look forward to working with the Board and team to deliver first-class member services, putting digital transformation, smart data and collaboration at the heart of our work.”A

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talabat, MENA leading food and grocery delivery app appoints Hadeer Shalaby as Managing Director

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Hadeer Shalaby, new Managing Director talabat Egypt (Source: talabat)

talabat, the region’s leading food and grocery delivery app, has appointed Hadeer Shalaby as the new Managing Director of talabat Egypt. She will be replacing Sofiène Marzouki, who has been in the role of interim Managing Director since January 2020, who will be returning to talabat’s Dubai headquarters to take on a challenging new role at regional level. 

Shalaby will continue to drive talabat in the Egypt market, placing key emphasis on customer experience, supporting our restaurant partners, q-commerce, as well as working hand-in-hand with the government on many initiatives, including rider safety and the continued digitisation of the food and beverage sector.

Sofiène Marzouki, talabat Egypt’s outgoing MD said, “I’d like to take a moment to appreciate our whole ecosystem; our customers, restaurant partners, riders, our employees, and the Egyptian government. This past year has been challenging for everyone, with the COVID-19 pandemic, and I have been very privileged to steer an organisation which has helped to keep many families safe, who rely on talabat to make a living.” 

Shalaby brings a phenomenal record of leading tech companies in Egypt, founding Taxi El Sa7el, the first ride-hailing startup in Egypt back in 2014. In the same year, she then moved on to join Careem as the Founder & GM of Careem Egypt, when they acquired Taxi El Sa7el. Most recently, she had been leading Careem Bus regionally, leading teams in Egypt, UAE and Pakistan. 

Speaking about her appointment, Shalaby said, “Firstly, I would like to thank Sofiène for successfully steering the organisation through the COVID-19 pandemic, rebranding Otlob to talabat as well as collaborations with the government around digitisation of the F&B sector, and creating employment opportunities for Egyptian youth.

These are exciting times for talabat, and moving forward, I want to continue to focus on growth particularly with grocery and pharmacy essentials, as well as continue to create an overall seamless experience for our ecosystem – for our customers, riders, government, restaurant partners as well as the communities in which we operate.’

Toon Gyssels, talabat’s Chief Operating Officer is looking forward to seeing how the organisation will further evolve under Shalaby’s stewardship, and how she will continue to be a role model to aspiring female tech entrepreneurs.

‘We are very excited to continue to attract local top talent to talabat, and we’re proud to say that now, three out of our eight country heads are female. As part of the up-and-coming generation of amazingly talented female entrepreneurs in the private sector in Egypt, we’re looking forward to seeing Hadeer inspire not only our organisation, but continue to provide a guiding light to aspiring young women right throughout the country, and region.’

‘I would also like to thank Sofiène for his great work in Egypt in a year like no other, where he has worked with the team to develop a strong, stable presence for talabat, and we look forward to Hadeer continuing to grow our position in the market.’

Source: talabat

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