Stanbic IBTC Bank, a member of Stanbic IBTC Holdings Plc, is partnering with a leadership development non-profit organisation, LEAP Africa to organise the 11th edition of the CEOs Forum, focusing on how small businesses can attract funding for sustainable growth. The theme of this 11th edition is “Attracting financing for your business: strategies and opportunities,” The event is slated for June 2, 2016 in Lagos Nigeria.
The CEOs Forum was initiated in 2005 and it aims to bring together local and international speakers to share knowledge with entrepreneurs on how to build a sustainable local business. It is targeted at founders of SMEs, captains of industry, private and public sector leaders and CEOs from different sectors of the economy. It is organized as an annual event within the SME space.
The chief executive, Stanbic IBTC Bank, Mr. Yinka Sanni said that the forum is in line with Stanbic IBTC Bank’s commitment to helping Nigeria attain her developmental aspirations, while delivering long-term value to customers, partners, businesses, professionals and the economy at large. He also stated that “the bank values the partnership with LEAP Africa, especially as the focus of this year’s forum resonates well with our own goal of building a new cadre of leadership among business leaders in Nigeria and Africa”. He however said that SMEs should realise that attracting financing and ensuring sustainability is only guaranteed by planning, delivery and profitability.
Executive director, LEAP Africa, Mrs Iyadunni Olubode, said this year’s theme is in recognition of the fact that many Nigerian entrepreneurs struggle with sourcing funding due to both internal and external challenges. She also stated that the 11th CEOs forum seeks to expose entrepreneurs to the breadth of financing options available in the African context, including angel investors, venture capital, private equity, challenge funds, development financing and the stock market, and will also equip emerging entrepreneurs with the knowledge, skills and tools to enhance their business readiness, in order to attract financing and effectively manage investor relationships.