Imudia ends term at Konga as Ekeh takes over as CEO
10 October 2022 |
2:39 am
Co-Chief Executive Officer (CEO) at Konga, Nigeria’s composite e-commerce platform, Nick Imudia, is standing down from his leadership role at the company, after a successful term as agreed
Co-Chief Executive Officer (CEO) at Konga, Nigeria’s composite e-commerce platform, Nick Imudia, is standing down from his leadership role at the company, after a successful term as agreed with the Board of Konga Group while Prince Ekeh, his Co–CEO, who just completed his MBA from University of Oxford, England, is expected to take charge.
Imudia and Ekeh, are responsible for what industry watchers have described as a tech miracle. They turned Konga around from an almost dead company into profitability within four years and launched other strategic verticals like Konga Logistics – a digital logistics company, Konga offline retail chain, KongaPay- a CBN-licensed fintech company, Konga Travel, Konga Health and Konga Food, among others.
Imudia joined the firm in 2018 with the acquisition of the e-commerce giant from previous majority owners, South African-headquartered Naspers and Swedish-based AB Kinnevik.
Before joining Konga as a strategic partner and Co-CEO, he was the Regional Director of TCL/Alcatel for two years. Imudia was also the Managing Director of Nokia West where he served in various capacities for over 17 years. A man with a global presence, he has lived in USA, Finland and Singapore where he was celebrated for his expertise in capability development, operational excellence, systems analysis and process management, among others
Ekeh is now expected to lead Konga with a new restructured Executive Management team of tested first-class professionals into the next phase of its expansion. Konga is expected to make in-roads into other African markets after achieving a measure of industry relevance, acceptance and market leadership in Nigeria.
An Economics graduate and fintech guru, Prince Ekeh has acquired huge experience belying his age.
His business management skills and keen understanding of retail have equally contributed to driving Konga to the zenith of the e-Commerce sector in Nigeria.
Related
Latest
1 day ago
The National Hydroelectric Power Producing Areas Development Commission (N-HYPPADEC) has commenced a needs assessment of 513 flood-affected communities in Kogi State. Mr. Jimoh Haruna, N-HYPPADEC’s Director of Finance and Administration, expressed concern about the devastating flood effects in Kogi State, while addressing newsmen on Thursday in Lokoja. He assured residents affected by the floods that…
1 day ago
The Lagos State Government has advised those living along Ogun River banks to relocate to higher grounds as Ogun-Osun River Basin Development Authority (OORBDA) starts release of water from Oyan dam. The Commissioner for Environment and Water Resources, Mr. Tokunbo Wahab, gave the advice at a news conference on Thursday in Lagos. According to him,…
1 day ago
The Lagos State Public Service Joint Negotiating Council has said announcement of N85,000 minimum wage approval by Gov. Babjide Sanwo-Olu was unexpected. The council made this known in a statement signed by all chairpersons and secretaries of the union on Thursday. They include Mrs. Olusegun Balogun and Aladetan Abiodun, both representing Association of Senior Civil…
1 day ago
Nigerian statutory revenue inflows dropped by N177.426 billion in September from N1.221 trillion received in the month of August 2024 to N1.043 trillion. FAAC reports that in September 2024, Oil and Gas Royalties, Excise Duty, Electronic Money Transfer Levy (EMTL) and CET Levies increased considerably, while Value Added Tax (VAT) and Import Duty increased marginally.…
1 day ago
The Federal Government says it is putting sustainable mechanisms in place to build a $1 trillion economy by 2030 through financial inclusion. Sen. Ibrahim Hadejia, Deputy Chief of Staff to the President, Office of the Vice President, disclosed this on Thursday in Benin. Hadejia spoke at the 8th Annual National Conference of the Association of…
1 day ago
Rivers State Governor, Siminalayi Fubara, has told judges to be fearless and not yield to threats and intimidations from anyone. The state governor stated that it was obvious some judicial officers in the state have been threatened, physically assaulted, or faced frivolous petitions aimed at coercing them into submission. Governor Fubara urged them to remain…
1 day ago
The Ivory Coast government announced Thursday the "dissolution of all student union associations" after the killing of two people allegedly by members of a powerful student group. President Alassane Ouattara chaired a National Security Council meeting to approve the measure, which targets in particular the Ivory Coast Student and School Federation (FESCI). The group has…
1 day ago
A former Minister of Transportation, Rotimi Amaechi, has revealed that the first-ever Wagon Assembly Plant, commissioned in Ogun State
1 day ago
The Kwara Government has shut down three restaurants in Ilorin metropolis for failure to comply with the environmental laws of the state. The News Agency of Nigeria (NAN) reports that the three restaurants are: The Place, Chicken Republic, and Amala Palace. NAN reports that the state govt also threatened to shut down four other restaurants…
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
0 Comments
We will review and take appropriate action.