Nigeria's e-commerce giant appoints Olusiji Ijogun as Chairman
Olusiji Ijogun is expected to reposition Konga on the path of sound corporate governance.
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![Zimbabweans have 21 days to exchange old banknotes for new ones (image used for illustration) [Reuters]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Zimbabweans have 21 days to exchange old banknotes for new ones (image used for illustration) [Reuters]")
The company in a statement released on Monday, March 19, 2018, described Ijogun as a seasoned and widely experienced technocrat with over three decades of top-notch performance in finance and management.
The appointment takes effect on April 1, 2018.
Olusiji Ijogun's profile
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Ijogun graduated from the Faculty of Business Administration, University of Lagos in 1980. He is a Fellow of the Chartered Institute of Cost and Management Accountants UK and Institute of Chartered Accountants Nigeria.
He joined UAC of Nigeria PLC in 1981 and held various management positions until 2002 when he left and got appointed as Group Executive Director responsible for managing the diversified business portfolio of the Honeywell Group.
His expertise includes business consulting, construction, property development and management and until his appointment, and currently serves as the CEO of Innodel Consulting and the Chairman of Ackmen Nigeria Limited.
Zinox Group, an integrated Information Communication Technology (ICT) solutions conglomerate and Original Equipment Manufacturer (OEM), had in February 2018, acquired Konga’s assets in a shocking deal worth million dollars.
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The acquired assets include Konga.com, an online mall; KongaPay, a CBN-licensed mobile money platform with over 100,000 subscribers and rated as one of the best mobile money channels in the country, as well as KOS-Express, a digitally-driven and world-class logistics company with advanced delivery capabilities for Konga and other structured companies nationwide.
The e-commerce company valued at $34 million, having 184,000 active users, with 80 percent mobile based.
It also has over 100,000 subscribers on its CBN-licensed mobile money platform, KongaPay.
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