Globalization has led to a discourse on leadership and management having different perspectives. Today, one of the discourses includes gender diversity in leadership positions across organizations.
While the African continent comes third after the United States and Europe, and first amongst other emerging regions in terms of women’s representation on boardrooms of top listed companies, some sectors are doing better than others.
In Nigeria, Africa’s largest economy, the banking sector is leading the pack. In what many observers have described as a paradigm shift, the Nigerian banking sector is currently seeing a surge in the number of women at its top echelon. Presently, eight women serve as Chief Executive Officers (CEOs)/Managing Directors (MDs) of the country’s leading banks.
Other sectors, especially the energy sector, hitherto a male-dominated sector, are towing the line. Shell Nigeria unveiled its first female Managing Director for deep-water Nigeria, last year. Most recently, Oando Plc, Nigeria’s leading indigenous energy solutions provider appointed two seasoned professional women to its board of Directors, Mrs. Ronke Sokefun and Mrs. Nana Fatima Mede.
A review of Oando’s culture shows that it’s been conscious of the imbalance within the sector and as such, has always prioritized two things: strengthening indigenous capacity and ensuring gender parity wherever possible. Today 43 per cent of the company’s workforce is female, compared to 22 per cent across the industry. Of this, 33% of executive-level employees are female with the hope that its female representation on its board continues to grow.
In an interview published in 2020 for Africa Oil Week, an Oando Executive said “As leaders, our focus is on building the most desirable company in which to work and invest. To do that, not only do you require vision, ambition, and passionate people, you need a balance of ideas and characters – which you get by prioritizing gender parity.
Our desire to see a more gender-balanced company and in turn sector via proactive action has fuelled our commitment to making gender diversity a priority.
This commitment is effected in every part of our business, from the offering of benefits that encourage women to return to work after maternity leave to our charity, Oando Foundation focusing on educating the girl child; reverberations that can be felt not only within our business but also the community at large.
We have seen and reaped the benefits of a more inclusive business environment and thus inclusivity will always be a priority, one that we will champion until the industry achieves gender balance.”
Mrs. Sokefun, an Alumni of Oando, has over 35 years of work experience. In 2002, she moved to the Oando Group, where within a few years she rose to the position of Chief Legal Officer. During this period, she also sat on the Board of the telecom’s giant – Celtel/Zain (now Airtel) as an alternate Director. She served in this position until 2011 when she was called to public service in Ogun State and proceeded to serve as a 2-term Commissioner – holding diverse portfolios – under Senator Ibikunle Amosun’s 2-term administration as Ogun State Governor.
As conversations on climate change and harnessing sustainable energy sources continue to intensify, oil and gas companies are looking for ways to improve on their operations in line with global standards and requirements.
In line with this, Oando appointed Mrs. Nana Fatima Mede, who has served as a Federal Permanent Secretary in the Ministry of Environment where she coordinated the formulation of the Nigerian Intended Nationally Determined Contribution (INDC) document on Greenhouse Gases (GHG) in relation to Climate Change – a document which was presented by the President at the Conference of Party (COP 21) in Paris, 2015. She will showcased her expertise on clean energy to support the company’s ambitions.
The growth of female representation across corporate boards shows that unlocking the potential of Africa’s successful transformation requires concurrently removing barriers to women’s leadership and participation.
Chiamaka Agim was too careless with her Card Information, Mobile Phone’- IT specialist Shola Akinwale
Over the week, one Miss Chiamaka Agim went viral on social media, calling out Zenith Bank after a fraudulent unauthorized transfer was carried out from her account where a tune of four million Naira was siphoned on the 9th of January 2023. In other to sway public sympathy, Chiamaka resorted to all kinds of threats saying she will commit suicide if her money is not returned to her account. After recounting her experience on how the incident occurred via her post on social media, Shola Akinwale, a time-tested Information Technology personality and former bank employee, took interest in the case and launched a private investigation into what might her transpired leading to an unauthorized transfer.
After his private investigation, Shola found out that the said amount could not have left Chiamaka’s account without authorization via a token which must have been sent to her mobile phone. He further stated that; her card pin, expiry date and other information on it might have been compromised. Maybe her phone must have been stolen for the person who carried out the fraud to have successfully transferred the money into another account. “The theft was a coordinated one I must tell you. She must have revealed her information to a close ally who carried out the transaction, or she is not saying the truth about what happened to either her ATM card or her mobile phone. She might have revealed some information to those close to her who carried out such theft. On the other hand, her card might have been compromised maybe she had fallen victim to some fraudulent POS operator who has cloned her card. From my investigation, I gathered that it’s not her first time using such means to transfer money using an e-token. No one can authorize the transfer without her access to the mobile phone where the token was or One Time Password OTP must have been inserted to complete the transaction. The funny aspect is that the money was transferred three times into a different account. It means the e-token was generated three times. So something is wrong somewhere.
According to section 3,4,6, Cardholders users of CBN guidelines on the operation of electronic payment channels in Nigeria issued in June 2020A card holder/ user shall;
Protect the Payment card, mobile device and pin with due care.Notify the issuer immediately the pin is compromised.
iii. notify the issuer immediately about stolen, damaged, lost or destroyed cards and mobile phones.
Section 188.8.131.52 stated further that; The cardholder shall be held liable for fraud committed with his card arising from the misuse of his pin or debit card.”
Zenith Bank is not at fault. The fault is coming from Chiamaka who was careless with her information or her phone. It’s nearly possible for such a huge amount to move without authorization from the owner of the account. So Chiamaka should think deeply and get anyone who might be a suspect around her. She did not guard her information jealously”
On the other hand, sympathizers on social media have also called on Zenith bank to make their investigation and reveal what really happened in the said fraud. Zenith bank quickly swung into action by calling for an in-house investigation. According to an internal memo on the investigation carried out by the bank, it was recorded that; Chiamaka authorized the transfer. She authorized a transfer of 3,715,000, 222,900 and 102,000 via an e-token assigned with serial numbers to the transfers to various accounts in different banks. From investigation, it was gathered that she used the e-token to change the authentication mode from token to Mobile pin on the 21st of November 2021. The Information was also used to enrol a Zenith Bank Mobile Banking app on the 6th of December 2021 on an iPhone 11 pro-Max at exactly 11:25.06 pm. It was gathered that she had authorized many transactions with the E-token and four-digit pin using the mobile app severally and she never complained of any lagging from the bank before the said disputed transaction was carried out. “The transaction was consummated by the device iPhone 11 pro-Max on the 9th of January 2023. If you claim the transaction was not authorized by you is true. It means someone had unrestricted access to your device.’ It was further gathered that when she reported the incident, the e-token was disabled and the fraudulent transfer was escalated to the beneficiary bank which is UBA and Access Bank. UBA claimed the beneficiary account from their end had a good profile and does not depict fraud while Access Bank was able to salvage 800 thousand from the beneficiary account as they await a court order to be able to repatriate the salvaged funds back to Chiamaka’s account.
It was also stated in the investigation that; Chiamaka did not immediately block the account on noticing the fraudulent transfer by using the emergency *966*911#code to block other unauthorized transfers. She also did not call the open 24 hours daily call centre for help. If she had done that, they would have taken swift action by reversing the transaction but she didn’t reach out to the bank for such assistance.
Hamzat To Speak On Harmonious Working Relationships Between Arms Of Government As Path To Successes In Lagos
His Excellency, the Deputy Governor of Lagos State, Dr. Kadri Obafemi Hamzat will be the Guest Speaker at the 4th educational and social interactive programme, Timeline Awareness Initiative Lecture/Award on Wednesday 23rd of March 2022.
The programme which promises to be an eye-opener, revealing the level of cooperation in Lagos State Government since the inception of former Lagos State Government and All Progressive Congress APC National Leader, Asiwaju Bola Ahmed Tinubu in 1999 till date.
According to the Organizers, led by Yusuf Adeoye, Publisher of TimelineNG, an Online Newspaper, Dr. Hamzat who has held several positions in the State including Commissioner For Science & Technology before his present elective position as Deputy Governor will be speaking on the Topic: ” Imperatives of Harmonious Working Relationship Between Arms of Government, A Key Ingredient in The Success of Lagos State Government. With Focus on 2023 General Election’
The Event which hold at the Lagos Sheraton hotel, Ikeja, will witness the Speaker of Lagos State House of Assembly, Rt. Hon. Mudashiru Ajayi Obasa as Keynote Speaker. He will be sharing his vast experience as legislator working to aid and ease the work of the executive in Lagos State, which has led to the tremendous infrastructural development and cordial working atmosphere in the State over the years.
The event which will witness awards for few distinguished prominent Nigerians will be Chaired by former Governor of Abia State and Chief Whip of the Senate, Dr. Orji Uzor Kalu while the Minister of Information & Culture, Alhaji Lai Muhammed is the Chief Host of the day. Also expected at the occasion is Convener of Arise Women, Dr. Siju Iluyomade, Chairman House Committee on Defence, Hon Babajimi Benson from the House of Representatives among others.
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