Popular business mogul, Sim Shagaya has stepped down as the Chief
Executive Officer of one of the largest online shopping stores in
Nigeria.
Sim Shagaya, founder of Konga, one of Nigeria's leading online store, has resigned his position as CEO of the e-commerce store.
This follows his appointment as the new chairman by the Board of Directors.
In a mail sent to Konga staff, Shagaya said the development came
following a visit to the company’s investors in Amsterdam. For now,
Shola Adekoya, Chief Operating Officer at Konga, will take over as the
interim CEO, until the board appoints completes its search and appoints a
new CEO.
In his new role, Shagaya will become less involved in the day-to-day
running of the company and focus more on the long term vision and
strategy of the company.
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