CEO Forum Holds

Regulatory and financing challenges facing the ICT sector and how the country can benefit from emerging global opportunities in the finance and technology industries would today form the fulcrum of discussions by over 50 CEOs, regulators, top ministry of communications officials and other stakeholders in Abuja at a one-day event tagged the “Nigeria’s Annual CEOs Start-of-Year Telecom Appraisal Forum.” The event holds at the Digital Bridge Institute, Abuja.

The CEOs Forum is an initiative of the Knowledge Media International (KMI) Limited (publishers of IT Edge magazine) in partnership with the Nigerian Communications Commission (NCC), Association of
Telecommunications Companies of Nigeria (ATCON) and consulting form eShekels. It is geared at promoting a stimulating discourse on key issues that would affect the health of the telecom sector in the year; enable accurate forecasting; consider the sector’s 2005 indices for market margins, returns and profitability as they would affect all operators; and provide insightful data on telecom and related sectors to help CEOs make informed
decisions.

This year’s theme is focusing on ‘Financing and Licensing/Regulation’; key issues in the past few months that would recur as the dynamics of the sector force companies to re-define their business processes. “Nigeria’s telecom sector is in transition as is the industry worldwide. It has its own challenges making it absolutely important for all stakeholders to share knowledge, compare notes and see how they can together surmount these challenges,” said Executive Vice Chairman of the NCC Ernest Ndukwe who is expected to lead discussions from a regulatory
perspective.

With top executives of some major banks expected to be present, the multi-functional CEOs meeting would provide a common platform for CEOs of banks, telecom and insurance companies to articulate on how to address current and emerging challenges in the sector. It would also offer a fresh vista of financing and investment options in the local banking sector faced with its own inherent challenges and the global finance market with shrinking usable financial instruments for operators in small
developing economies.

“The industry is growing rapidly and for decision making processes to achieve the desired results, CEOs need to be cognisant with key factors within the technology, financing and other related sectors that would
impact on their organisations. This forum will definitely provide that much needed window to get informed on current issues that are critical to running a business in the right direction,” said President of KMI Dr
Emmanuel Ekuwem.

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