In a series of events that began with sacking 60% of its workforce and killing pay on delivery (PoD) and then its acquisition by Zinox Group, it appears that Nigerian eCommerce company, Konga may be rising up from the ashes.
The company has reportedly appointed corporate expert, Olusiji Ijogun as its chairman to steer its course towards a fresh start and dominating the Nigerian eCommerce market.
Olusiji Ijogun has a wealth of experience spanning over three decades in finance and management, holding key positions in multinational companies including UAC Foods, Unilever and Honeywell Group.
He holds a B.Sc (Hons.) degree from the Faculty of Business Administration, University of Lagos. He is a Fellow of the Chartered Institute of Cost and Management Accountants, UK and Institute of Chartered Accountants of Nigeria. He is currently the CEO of Innodel Consulting and Chairman of Ackmen Nigeria Limited.
Olusiji Ijogun also happens to be Zinox Group boss Leo Stan’s in-law — his son is married to Leo Stan’s daughter. His appointment will take effect from April 1, 2018.
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Nigerian startups raised $17.6m in Q1 2019, 8.5% higher than they did in Q1 2018. Find out more in the latest quarterly edition of the Nigerian Startup Funding Report here.