Nestlé Nigeria is proud to announce that its Chief Executive Officer, Mr. Wassim Elhusseini,
has been recognized as one of the Outstanding CEOs at the recent BusinessDay Top 25
CEO Awards held on September 28, 2024.
The BusinessDay Top 25 CEO Awards 2024 acknowledges the achievements of CEOs from
companies listed on the Nigerian Stock Exchange (NGX) and the Next Bulls category group of companies poised for listing on the NGX. These CEOs have not only
navigated the complexities of today’s business landscape but have also steered their
organizations toward remarkable success.
This recognition comes during a time when many businesses are scaling back operations,
yet Nestlé Nigeria has continued to push the boundaries, investing in both its people and
innovative product development.
In the first half of 2024, the company reported strong growth, with a remarkable 67%
increase in second-quarter sales year-on-year, despite the challenging business
environment. These results underscore the strength of Nestlé Nigeria’s brands and the trust
placed in them by consumers, reflecting the company’s unwavering commitment to
delivering quality products while navigating industry-wide disruptions.
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.”
Nestlé Nigeria's achievements extend beyond financial performance. The company has
been at the forefront of innovation, launching several new products that have resonated with
consumers. Additionally, Nestlé Nigeria remains committed to talent development, research,
and creating shared value in the communities it does business.
“We believe in the power of community and the importance of creating shared value-added. Elhusseini. Our initiatives in education, nutrition, and environmental sustainability are
making a positive impact on the lives of many Nigerians.
Instituted in 2014 by BusinessDay Media Limited, the Top 25 CEO Awards recognizes
leaders who exhibit exceptional courage, forward-thinking strategy, and an unwavering
commitment to the growth and sustainability of their organizations. Wassim Elhusseini’s
leadership through one of the most difficult years in the industry underscores the values that
have made Nestlé Nigeria a trusted name in households across the nation.
About us:
Nestlé Nigeria is Africa’s top food and beverage company, known for its quality, excellence, and
commitment to creating shared value. With a heritage of more than 63 years in Nigeria and its house-
hold brands, the firm continues to ensure the availability and accessibility of nutritious food and
beverage products. In addition, the firm supports the communities closest to its operations and takes
action to safeguard the environment through sustainable business practices.