MTN Appoints Chika Ekeji, A Nigerian-American as Executive Lead for Strategy and Transformation
MTN Group has announced the appointment of Chika Ekeji, a Nigerian-American national as an executive to lead the strategy and transformation unit of the mobile network operator.
Chika has a Master of Engineering in Computer Science from Cornell University and an MBA from MIT.
He will be leaving from McKinsey & Company, where he led the West Africa Digital Practice and served telco, financial services, and public sector clients across Africa.
His appointment with Africa’s leading mobile operator will be effective on, 15th of March. In his new role, he will be based in SA.
“We are very pleased that Chika is joining us as we work to accelerate our strategic repositioning,” says MTN Group chief operating officer Jens Schulte-Bockum.
To support the execution of the repositioned strategy, Ekeji joins a group of other recent appointees, including the new group chief financial officer, Tsholofelo Molefe.
In recent weeks, MTN also made changes to the group’s regional structure and the executive committee.
C & I Leasing Appoints Ugoji Lenin Ugoji as Group Managing Director/CEO
C & I Leasing Plc has appointed Mr. Ugoji Lenin Ugoji as the Group Managing Director and Chief Executive Officer following the retirement of Mr. Andrew Otike-Odibi on 31 of December 2021.
The company disclosed in a statement signed by Mbanugo Udenze & Co Company Secretary and seen by Investors King. Ugoji, the company’s chief operating officer, is now the Managing Director/CEO, effective 1 January 2022.
Ugoji Lenin Ugoji Profile
Ugoji holds a Bachelors’ Degree in Estate Management from the University of Lagos, and an MBA in Banking & Finance from the ESUT Business School, Enugu. He is also a Chartered Pension professional, and an associate of the Certified Pension Institute of Nigeria.
Ugoji joins C & I Leasing with over 20 years experience in Commercial/Investment Banking, Leasing and Asset Management.
His last assignment was with The Mellanby Trust Company, a Commodity focused Asset Management Company registered with the Securities & Exchange Commission (SEC), where he was a founding Director and the Chief Investment Officer responsible for directing the company’s Investment Portfolio structure for purposes of its corporate and individual clients.
Ugoji’s extensive experience in the Leasing Industry commenced in 2005 as a Pioneer member of the Aquila Capital Group where he served as the pioneer Group Head Treasury & Wealth Management. He was responsible for creating the Group’s, Equipment Leasing focused Funding and Investment structure, which was targeted at attracting Capital from Private Equity, Foreign Development Financial Institutions and Local sources.
From 2010 to 2015, he served as the pioneer Managing Director for ‘Aquila Asset Management Ltd’, a Management Buy-Out firm from the Aquila Group. Prior to his time at the Aquila Group, Ugoji worked at Continental Trust Bank (now UBA) and NAL Bank Plc (now Sterling Bank) in the Treasury, International Operations and Domestic operations groups respectively.
Ugoji is happily married with children. He is passionate about ideas creation, investment and deal structuring, and enjoys volunteering for laudable causes. When not at work or volunteering, he enjoys spending time with his family, reading, music and photography.
C&I Leasing Appoints Cordros Registrars as its Registrar
C&I Leasing Plc, a Nigerian leading maritime company, has appointed Cordros Registrars Limited as its registrar for share registration and data management service provider.
The company disclosed this in a statement filed with the Nigerian Exchange Limited and obtained by Investors King.
Cordros Registrars Limited has now replaced Centurion Registrars Limited and takes over the Register of Members of C & I Leasing Plc effective 1st January, 2022.
The statement reads “C&I Leasing Plc hereby notifies Nigerian Exchange Limited (NGX), its shareholders and the investing public of the appointment of Cordros Registrars Limited as its REGISTRARS – SHARE REGISTRATION AND DATA MANAGEMENT SERVICE PROVIDER.
“Cordros Registrars Limited replaces Centurion Registrars Limited and takes over the Register of Members of C & I Leasing Plc effective 1st January, 2022.”
Speaking at a virtual press conference at the weekend, the Chief Executive Officer, C & I Leasing Plc, Ugoji Ugoji, revealed the company’s plans to explore opportunities in the digital space to improve its revenue despite the negative effects of the pandemic.
Explaining how the company planned to achieve this, he said by increasing and enhancing its collaboration and the creation of new business models to navigate the impact of the COVID-19 crisis, the company will remain more profitable and competitive in the industry.
He also stated that the company would continue to look at the existing businesses to identify areas of improvement.
“We must be able to adapt and manage the resources of the company to improve on our processes to reduce the cost of transactions and grow our topline revenue,” he said.
WhatsApp Co-Founder Brian Acton Appointed Interim CEO of Signal as Founder Steps Down
Brian Acton, co-founder of Whatsapp, the popular instant messaging (IM) platform has been appointed as the interim Chief Executive Officer of Signal Messenger LLC, another encrypted IM service whose founder, Moxie Marlinspike steps down from.
Marlinspike in a statement said that Acton will serve as Signal’s interim chief as the company is still hunting for a permanent replacement.
According to the CEO, his goal has always been for the 7-year-old company to grow and sustain beyond his involvement as chief. Disclosing why he had not been able to step down before now, Marlinspoke noted that as of four years ago, he was still the one writing all of the Android and server code for the service and was the only person on call. He was also doing all of the product development and even had to keep his laptop handy at all times in the event of a service disruption.
From the company’s inception in 2014, it has recorded over 105 million downloads globally. Signal’s service which for users can optionally function as an SMS app, can be used to make one-to-one and group audio and video calls. Its users are also able to send one-to-one and group messages, which can include files, voice notes, images and videos.
The platform boasts of approximately 40 million monthly active users. Signal states that it has been installed in over 50 million Android devices.
Speaking on the growth of the service, Marlinspike revealed that Signal currently has 30 employees comprised of engineers, designers, support staff and a leadership team. The platform’s boss also mentioned that now, he rarely writes code now and no one person is ever perpetually on call.
Marlinspike expressed that he now feels comfortable replacing himself as CEO even though his company has been searching for a new head for months. In a tweet, he said, “It’s a new year! I’ve decided it’s a good time to replace myself as the CEO of Signal”.
Through the announcement of his resignation, Marlinspike said he hopes it will help find the best person to fill the CEO spot permanently. He will still remain on the Signal board and will transition out of the CEO role to help with the search for a permanent replacement.
The interim CEO, Brian Acton’s job takes effect this week. The new head of the service who volunteered for the role had worked with Apple, Yahoo and Adobe Systems before co-founding Whatsapp with Jan Koum in 2009 and Signal Foundation with Marlinspike in 2018.
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