Thursday, 23 July 2020


Dr. Cosmas Maduka, CEO, Coscharis Group
The President and Chief Executive Officer of the Coscharis Group, Dr. Cosmas Maduka, has officially joined the EY World Entrepreneur of the Year Class of 2020 along with 46 other exceptional entrepreneurs from 41 countries across the globe.

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The Coscharis Group boss was formally accepted into the 2020 Class of the prestigious awards on Thursday, June 4, at the grand finale of the EY Entrepreneur Award of the Year 2020, following his earlier emergence as the winner of Ernst & Young Entrepreneur of the Year 2020 award for the West Africa region.

The global event, originally scheduled to hold as a live audience participatory event in Monte Carlo (Monaco), held as a first-ever live virtual EY award ceremony in partnership with CNBC due to the travel restrictions occasioned by the outbreak of Covid-19 pandemic.

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Speaking on the prestigious awards, Ashish Bakhshi, Leader at EY (West Africa), said the award is not only designed to celebrate and honour the contributions and achievements of successful entrepreneurs but also serves to inspire today’s successful entrepreneurs, so they can share their incredible entrepreneurial stories.

While Dr. Kiran Mazumdar-Shaw from India, emerged the global stage award winner, Dr. Maduka was acclaimed to have made the top list of the highest ranked award winners in EY’s People’s Choice with viewers reaching 1.7m across 124 countries and still growing as at the award day.

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According to Stasia Mitchell, Entrepreneurship Leader at EY (Global Growth Markets), “This was the first time we asked the people to vote on the award winner who most inspired them,” adding, “The voting was meant to be a fun, engaging way to get to know the class of 2020 better.”

He stated further it was no surprise that Dr Maduka and the Coscharis brand stood out so clearly. “This continues to show how inspiring you and your story are to so many around the world and it says a lot about how valuable your mission is. I can’t wait to meet you in person,” he affirmed.

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Reacting to the results of the grand finale, an obviously elated Cosmas Maduka, President/CEO Coscharis Group, said:  “I have utmost respect for all the finalists from different countries because each of us has a unique story to tell that resonates with the audience. It must have been a very difficult journey for the judges to arrive at their decision and we have to respect it because they have their criteria set.”

According to Maduka, “At the end of the day, if I had a choice, I would have given the global award to Dr. Kiran Mazumdar-Shaw still like the judges did.  It is really not easy to contend among men and she must have done something much better than the rest of us that stood her out in the mind of the judges.  I therefore congratulate her and all the finalists this year.”

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Coscharis Group is one of the leading business conglomerates in Nigeria with diverse interests in Automobile, ICT, Logistics, Agriculture, Beverages and Medical equipments, amongst others. The Group as an employer of labour presently has presence across the six geo-political zones in Nigeria and outside, including Ghana, Cote D’Ivoire and Gabon with its corporate group head office located in Lagos.

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