Mallam Abdullahi Abdulmajeed, Group Managing Director and Chief Executive Officer of Harmony Holdings Limited has been named one of the 30 most impactful and award-winning CEOs in Nigeria by highly reputed and long-standing media organization, The Guardian Nigeria in its Special Edition of December 9, 2021, citing their application of ingenious management practices, prudent management of resources as well as excellent and innovative solutions and ideas in achieving set goals and objectives inspite of the harsh economic environment occassioned by the COVID-19 pandemic.
The CEOs were honoured for making significant contributions to the growth of the nation’s GDP in 2021.
Abdulmajeed, who is the boss of the Investment Management Company of the Kwara State Government, emerged alongside chief executives of telecommunication giant 9Mobile Nigeria; renowned pharmaceutical company May & Baker PLC; leading financial institution First Generation Mortgage Bank; among several other corporate entities within the country.
According to the media organization, the Harmony Holdings CEO is one of the proactive and result-driven chief executives that have been able to navigate their organizations to optimal operational effectiveness, efficiency and visibility inspite of the daunting challenges posed by the COVID-19 pandemic and its attendant consequences on the country’s economy.
“These they have made possible through the application of ingenious management practices, prudent management of resources as well as excellent and innovative solutions and ideas in achieving set goals and objectives,” it added.
“While they defy the apparent harsh economic environment by piloting the affairs of their companies to profitability, these exceptional men and women deserve recognition for their out-of-the box innovations and enviable CSR interventions that have earned them awards within the country and beyond. Indeed, they deserve accolade in their efforts and contributions to the stability and growth of the nation’s economy as well as modelling other upcoming businesses.
“In this Special Edition, The Guardian recognizes and celebrates these highly impactful Nigerians of excellence with infallible records of their contributions to the growth of the nation’s GDP in 2021. They are truly award-winning.”
The Guardian particularly described Abdulmajeed as a seasoned administrator and icon whose watchwords are hardwork, diligence and dedication to work, adding: “His phenomenal rise as an administrator is proof that his values are paying off. Abdulmajeed knows his onions and has proved his mettle as an administrative juggernaut in Nigeria.”
Reacting to the recognition accorded to him, the GMD/CEO through the Corporate Affairs Unit said it is a push to do more and step up his turnaround management agenda at Harmony Holdings.
Abdulmajeed said the glory belongs to His Excellency Mallam AbdulRahman AbdulRazaq, the Executive Governor of Kwara State who has remained committed, resolute and unwavering in the turnaround management of Harmony Holdings and its subsidiaries.
“The narrative is changing at Harmony Holdings Limited. As at today, the bulk of all inherited backlogs owed staff have been cleared and for many months now salaries are being paid as and when due. All thanks to Governor AbdulRahman AbdulRazaq for his uncommon support to revive the company from the doldrums we inherited. We have been able to do what seemed in the past to be impossible. We have passed 50% in terms of turnaround management plan and many of our subsidiaries have not only been revived but they have also been revitalized, diversified and their productivity has been enhanced. Profit is now being maximized and the story is changing from negative to significant positive across the group,” the GMD/CEO noted.