Shola Adekoya steps down as Konga CEO, announces replacement

by | Mar 28, 2018

Konga’s CEO, Shola Adekoya has announced his exit from the eCommerce company. The announcement was made via a tweet from his personal handle on Twitter. The tweet read;

Over to you Nick. Wishing you and @shopkonga all the best as I join the Konga Alumni. Thanks to all the current and ex-Konga staff that gave me their best towards building a great Konga while I was at the helm of affairs.

Shola took the reins in 2016, when Konga’s founder and former CEO Sim Shagaya resigned from the company he helped found in 2012.

Formerly Chief Operating Officer at Konga, Shola was appointed interim CEO until the board decided on a new CEO, but he apparently performed well, as he was later confirmed as permanent CEO.

No reason for the exit was given in his tweet, neither was any animosity projected. The only information rendered was ‘Nick’; the new CEO.

Nick Imudia is the immediate past Regional Director TCL/Alcatel responsible for Nigeria and Central Africa Operations. Before then, he was the Managing Director of Nokia in West and Central Africa.


Nick Imudia

Nick is expected to resume office on Tuesday, April 3, 2018.

Last month, The Zinox Group acquired Konga in a deal that was as shocking as it was shrouded in mystery. As ownership has changed hands, lots of leadership shakeups are expected.

Just recently, Konga also appointed former UAC Foods and Unilever executive, Olusiji Ijogun as its new board chairman.


Even though at the time acquisition, The Zinox Group said that Konga will not be merged with Yudala — their existing ecommerce platform — a change in direction always signals new leaders.

Victor Ekwealor
Victor Ekwealor

tech. media. startups. africa. vc | Twitter: @victor_ekwealor

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