Chief Executive Officer of Newstide Publications Limited, Dr Marcel Mbamalu has congratuled Bongo Adi, Chairman Board of Directors of the multimedia company on his promotion to the rank of a Professor in Economics and Data Analytics at Pan Atlantic University, Lagos, Nigeria.
The governing council of PAU confirmed the promotion on Tuesday.
Prof. Adi, an experienced Development Economist, holds a full-time faculty position in the Economics, Data Analytics and Strategic Business Intelligence Department of both Lagos Business School and Pan-Atlantic University.
He was appointed the chairman of Newstide Board in June 2021 when the company began with one of its pinoeering title, Prime Business Africa, an independent online business newspaper.
Dr Mbamalu who received with great joy, the news of the promotion of the company’s board chairman, said it is not a surprise that Adi could achieve such a feat given his intellectual depth and track record of excellent performance in scholarship and professional practice over the years.
“I feel quite delighted having our board chairman reach the peak, which is the rank of a Professor of Economics and Data Analytics, a field he has held forte and made several exploits in not less than two decades.
“I warmly congratulate him and wish him God’s grace to execute more tasks in society as the promotion is a call to higher responsibilities,” Mbamalu stated.
The Newstide CEO observed that Prof. Adi with his depth of knowledge in Economics, “has always come across to policy makers and journalists as ‘Economics made Easy’, simplifying knotty economic issues of life. How I wish that our country paid heed to all his recommendations; we probably wouldn’t have landed in the economic quagmire we have found ourselves.”
Describing Prof. Adi’s contributions to the multimedia company, Dr Mbamalu remarked that as chairman, he has remained a positive influence on the board of Newstide Publications and much more on Prime Business Africa Editorial Board.
“He is always bringing fresh ideas to the table on how to move the company forward, both at corporate governance level, and content marketing and general smart ideas on political economy of the African media space.
“Prof is a great team player who, in collaboration with other distinguished members of the board, make ceaseless efforts to see the organisation grow in leaps and bounds within the one and half years of its birth.
“At Newstide, we are guided to remain agents of socio-economic change, and, with Prof Bongo Adi and other proven economic heavyweights on our Board, Newstide will continue to be the go-to place for all marketing communications in Africa,” Dr Mbamalu added.
Prof Adi and Dr Mbamalu have been on the Newstide Board with other heavyweights like DVC Academics of the St. Paul’s University, Akwa, Prof. Chinyere Stella Okunna, as Deputy Chairman; Arts and Culture Ambassador and former Editor of The Guardian on Sunday, Mr. Jahman Anikulapo as member and others. Late Ambassador Ojeviome Eloho Otobo was until his death also on the Board of the company.
Prof. Adi holds PhD in Regional Science and Development Economics and M.Sc in Economic Development and Policy Management under the Joint Japan/World Bank Graduate Scholarship of the University of Tsukuba, Japan.