An intern at British American Tobacco (BAT), Mr Alexander Adegoke has emerged winner of Nigerian Institute of Management Chartered(NIM) 2021 Young Managers Competition(YMC).
Adegoke won N1 million at the competition which held on Wednesday in Lagos with the theme: “Propelling the Nation’s Youth to Greatness”.
NIM Young Managers Competition (YMC) is one of the institute’s corporate social responsibilities and contributions to youth development and empowerment.
It is an annual competition established in 1974 to encourage practising young graduate managers, between the ages of 25 and 40 years, endowed with creative and research ability, to hone their skills in conducting independent in-depth research.
Mrs Patience Anabor, President and Chairman NIM’s Council, said the competition fostered analytical and original thinking.
She noted that the YMC had over the years created a crop of young men and women who have distinguished themselves in conducting studies in different areas of human endeavours
She added that a total of 456 young managers (men and women) obtained the application forms and participated in an online qualifying test this year.
Anabor revealed that at the end of the online (G-MAT and Management) test, the top 15 were taken through the second round and the best nine were then selected via a video presentation assessment and brought to Lagos for the final stage of the competition.
“The participation and content quality of the competition is not in doubt as some past winners of the competition have gone on to head some of the nation’s frontline organisations.
“Some of the past winners of this competition who have got to the pinnacle of their managerial careers include Mr Festus Odimegwu, a former Managing Director of Nigerian Breweries Plc and Mr Adebayo Jimoh, a former Managing Director of Odu’a Group.
“Another is Dr Lucy Newman, the immediate past Managing Director of Financial Institutions Training Centre (FITC) among others.
“The nine contestants, after rigorous, demanding and painstaking tasks in the last four days have been pruned down to five for today’s grand finale.
“The team of judges include Mrs Yewande Adekoya, Managing Partner, Ruack Nig. Ltd: Mr Tobi Asehinde, Founder/CEO, Digital Marketing Skills Institute; Mr Chukwudi Ogba, MD/CEO, TD Integrated Farms Ltd. and Mrs Temilola Olatoye, Chief Accountant, Yaba College of Technology,” she said.
The NIM President disclosed that the institute’s plan is to expand the scope and duration of the competition to make it the best intellectually-based and most sought-after management reality show in the country.
Miss Oluwatobiloba Lawanson, Mr Jerome John, Mr Adam Mohammed and Miss Josephine Akpan emerged 1st to 4th runners up respectively.
Star prize for the winner of this year’s competition is N1,000,000 while the first runner-up was rewarded with N500,000.
The second runner up got N300,000 and Management Training at NIM valued at N150,000 respectively.
Also, the third runner up alongside others will receive N50,000 consolation prize each.