THE Board of Directors of Computer Warehouse Group Plc wishes to notify all stakeholders and the general public of changes in the Company’s executive management

James Agada, formerly the Chief Technology Officer of the company has been appointed as the new Managing Director and Chief Executive Officer of the Company.

Agada is a versatile technology expert. He holds both a first class degree and a Master’s Degree in Electronic Engineering, with specialization in Digital Systems, from the University of Nigeria, Nsukka. He also holds an MBA from the International Graduate School of Management (IESE), Navara, Spain.

“I know the times are difficult and the challenges are many especially given the business performance of the company in the last few years. Our first task is to return CWG Plc to sustainable profitability this year. We will be taking tough decisions to reduce our costs. We will also be investing to grow profitable business. Maintaining this balance between cost reduction and the needed investment for growth will be the big tasking effort that is facing us. I assure you of my commitment to put in my utmost best to ensure CWG Plc returns to a growing profitable path” he said.

Kunle Ayodeji has also been appointed as the Company’s Chief Operating Officer.

Ayodeji is a seasoned professional with enormous experience in the fields of banking, financial consulting and private equity. Prior to his joining CWG, Ayodeji was an Investment Principal with Aureos Capital and later became an Associate Director with The Abraaj Group, where he was instrumental in the investment of over $45 million of Abraaj Funds.

Ayodeji holds a B.Sc. in Economics from Obafemi Awolowo University, Nigeria and an MBA from University of Birmingham, United Kingdom.

Austin Okere continues as the Executive Vice Chairman of the Company. Okere who founded the company, previously filled the role of the Executive Vice Chairman in addition to his role as Managing Director and Chief Executive Officer.