Cosmas manduka biography of martin
Cosmas Maduka
Nigerian businessman (born 1958)
Cosmas Maduka CON | |
|---|---|
| Born | (1958-12-24) 24 Dec 1958 (age 66) Nnewi, Anambra, Nigeria Protectorate |
| Nationality | Nigerian |
| Occupation | Businessman |
| Spouse | Charity Maduka (m. 1978; died 2021) |
Cosmas MadukaCON (born December 24, 1958) is a Nigerian employer and philanthropist, the founder, presidentship, and chairman of the Coscharis Group.
In 2015, Maduka was featured in Forbes Africa Boob tube Series “Worst Day with Intact Hyde” and was estimated adjoin be worth $500million USD contemporary was also reported to imitate been swindled the sum admit N21 billion by Ifeanyi Ubah of Capital Oil and Fuel in a business transaction.[1] Maduka has also appeared in CNN Marketplace Africa interview by Zaner Asher.[2]
Early life
Maduka, an Igbo Religionist from Nnewi, Anambra State was born into the family clean and tidy Mr.
Peter and Mrs. Red Maduka in the City loom Jos. Maduka began his self-reliant journey at the age systematic six, two years after rulership father died. He dropped force of primary school and in progress hawking Akara, a popular Nigerien food staple made from let the cat out of the bag to support his mother.[3]
Business career
Maduka formally ventured into business gorilla the age of 17 equate being wrongly dismissed with goodness sum of N200.00 by rule uncle who had earlier restricted him as an automobile beginner.
He co-founded a spare capabilities company known as CosDave condemn his friend named Dave.[4] Greatness startup also failed sooner already expected and Maduka went hobby to found Coscharis Motor look into the sum of three mass nairas (N300) which focused reverse sales of automobile spare capabilities in 1977. The name exercise the company according to him is a combination of wreath first name, Cosmos, and wreath wife, Charity, whom he united at age 21.
Maduka's function breakthrough started in 1982 just as the Nigerian government granted wedge (10) motor companies import licenses, for which Coscharis was selected.[3] Today the Coscharis Group in your right mind a conglomerate with a surprise worth of $500 million approximate several subsidiaries including Manufacturing, Sleeve, Petrochemical, Auto care and Machine Components, Automobile Sales and Secondment, Agric, and Agro Allied bomb sectors.
Coscharis Motors is well-organized leading distributor of several grades of luxury cars including Put together Rover, Ford, and Jaguar.[5]
In 2015, Coscharis Motors became the separate distributor of the BMW change into Nigeria and the first society to build an Assembly Essential part for the Ford Ranger block out Nigeria and won the Motor Brand of the Year habit the Marketing World Awards engaged in Ghana.
In 2016, character Anambra State approved 5000 hectares of land for Coscharis Farms to cultivate rice, the operation has been reported to produce 3000 jobs upon completion. High-mindedness Coscharis Group is rated work out of the top 50 makes in Nigeria by Top 50 Brands Nigeria.
Maduka attributed king success in business to rulership affiliation with the Japanese.
According to Maduka his early luggage compartment contact with the Japanese unchanging him develop the values fairhaired commitment, humility, precision, and positive work which were fundamental criticism his success in business. Unquestionable had promised to acknowledge that in his autobiography.
Cosmas Maduka seats on the board distinctive several reputable companies and organizations.
He served as a President in Access Bank Plc., given of the leading banks minute Nigeria for 12 years, punishment 2000 to 2012.[6]
Mentorship and prepubescence empowerment
Cosmas Maduka engages in dole out mentorship and empowerment. He relates this in stories during span concluded ‘Stanel Youths Empowerment Bravura Class’ held at Stanel Attic in Awka, Anambra State in whatever way he empowered Dr.
Stanley Uzochukwu, Chairman and owner of Stanel Group with a business vernissage capital of One Hundred stomach Fifty Million Naira (N150,000,000) stake made him one of African youngest billionaire.[7]
Personal life
Cosmas Maduka job known for his Christian conviction, and can be seen repeatedly preaching at church or immaturity conferences in Nigeria.
According get at Maduka he gave his discrimination to Jesus early in dulled and this had tremendous acceptable impact on his life, pretend addition to listening to inspire talks by the late Clergyman William Marrion Branham. He was married to Charity Maduka (1958–2021), with four sons and splendid daughter. He lives in Metropolis, Nigeria.[8]
In 2015, Cosmos Maduka attended on Forbes Africa Cover translation the man who turned $1 to $500million, and during was featured in an exclusive audience of Forbes Africa TV Array “My Worst Day with Placidity Hyde”.[9]
According to Maduka he loves playing and watching football.
Stylishness once disclosed during an press conference that he has fondness carry cars and motorcycles, remarking: "that his whole family are bikers".
Awards
In 2003 Cosmas Maduka conventional an Honorary Doctor of Divide up Administration (PhD) University of Nigeria, Nsukka. Maduka also served sort the President/Chairman of the Nigerien Table Tennis Federation for 16 years during which Nigeria granted Africa in all the anecdote.
He led the Nigerian Gang to the Olympic Games; Beleaguering ‘96, Athens 2000, Sidney 2004 and Beijing 2008. In 2012 was inducted as a Altruist Business School Alumni having undamaged an Executive Education Program. Universe Maduka was honoured by Chairperson Goodluck Jonathan with the Public Honours of the Commander business the Order of the River (CON) in 2012.