iROKO's co-founder is leaving the company after four years

folarin okunola

January 30, 2017 2:30 PM

Along with fellow co-founder Jason Njoku, Gotter has been able to build out iROKO, raise an additional $33 million from new and existing investors.

iROKO founders Jason Njoku (right) and Bastian Gotter (left).

Gotter, who has spent four years at the company, was iROKO's original seed investor. In 2010, he invested $150,000 in iROKO for a 50% stake.

He went on to take a role as the company's COO/CFO as the company grew. Along with fellow co-founder Jason Njoku, Gotter has been able to build out iROKO, raise an additional $33 million from new and existing investors and oversee key organisational infrastructure.

“iROKO would not be the company it is today, without Bastian’s seed investment and faith in me to ‘figure out Nollywood’. In 2010, Bastian put his money where my mouth was, and together we embarked on the huge adventure of building an African entertainment brand that has changed the face of media consumption on the continent forever. This is no small feat," Jason Njoku, CEO of iROKO, speaking on Gotter's departure.

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“Everyone at iROKO, the board, and our investors thank him for his unswerving commitment to helping build iROKO, and we wish him all the very best on his new journey. The companies he goes on to work with and invest in will find an experienced, dedicated and shrewd partner."

Gotter will be replaced by Lauren Miller, who will bring many years of experience at Millicom, Paramount, Vodacom and Warner Brothers.

Miller will operate out of the company's London office and the changes will take effect this January.

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