The upcoming Family Business Summit 2024 will bring together over 150 prominent business executives and stakeholders from Nigeria. This event will provide a valuable opportunity for participants to exchange insights, transform challenges into growth prospects, and promote collaboration within the industry. The summit, titled “Family Business Legacy: Sustaining Multigenerational Wealth,” is scheduled to be held in Lagos and Ogun State from October 17th to the 20th. Attendees will explore strategies for preserving and growing family wealth across generations, making this event a crucial forum for the future of heritage companies in the country.
Also, the summit attendees will have the opportunity to engage in over six hours of deep conversations, participate in a specially curated boot camp focused on preparing the future leaders of heritage enterprises, gain essential knowledge on leadership transitions, and develop the necessary skills to steer their relative enterprises towards success. In addition to this, there will be themed workshops and networking events centred around essential subjects such as corporate governance, financing, and generational succession.
Top 10 national heritage establishments of the year will be honoured.
At the summit, guests will be able to witness the unveiling of a new book titled “City Wall: We all Lived by selling” by Munzali Dantata. This book elaborates on the history of Kano, chronicling its evolution from the trans-Saharan Trade era to colonial domination and the dawn of independence in the country, all from the perspective of a visionary entrepreneur. Guest at the event will also learn from prominent leaders in the nation’s leading relative-owned companies about overcoming limitations and encouraging creativity.
Participants at the event will have the chance to engage in intimate group discussions and private consultations with industry specialists, providing them with tailored, actionable solutions to their unique challenges. These sessions promote deep, meaningful exchanges, offering personalised advice and strategies for sustaining heritage company legacies. The event will culminate in a prestigious gala ceremony, where the top 10 national family establishments of the year will be honoured, celebrating their outstanding achievements and contributions to the industry, further inspiring excellence in the field.
Participants anticipate insight into issues faced by relatives’ companies.
Oghenevwoke Ighure, the organiser of the Family Business Summit 2024, expressed his excitement for the event, highlighting its importance in protecting the heritage and vitality of relatives-run companies, which is crucial for the economy. Gathering more than 150 influential relative company executives, they are excited to facilitate the exchange of innovative ideas, find effective remedies, and overcome limitations. This event offers a priceless chance to collaborate, gain insights, and guarantee relatives-run companies’ sustained prosperity and advancement.
Furthermore, partner and Africa Family Business Leader at PricewaterhouseCoopers (PwC) Esiri Agbeyi expressed enthusiasm about partnering with BusinessDay for the 2024 Family Business Summit. As a knowledgeable partner to the event, PwC brings valuable expertise as a trusted advisor to relative companies in understanding the complex interplay of private wealth and heritage company dynamics. Anticipation is high for this year’s summit, as participants feel the theme aligns perfectly with the main issues faced by relatives’ companies.
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Topics such as wealth accumulation, legacy preservation, and generational transition will be at the forefront of discussions. Exciting conversations and activities, like the NextGen boot camp, are expected to prepare attendees for the upcoming wealth transfer. The upcoming event offers a unique chance for heritage company leaders to unite, educate themselves, and explore new ideas. As family enterprises form a significant part of Nigeria’s economic system, their success is integral to the broader economic growth, job creation, and overall national development.