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Home Business News

Konga appoints ex-Nokia VP as New CEO

Nairametrics by Nairametrics
March 28, 2018
in Business News, Company News, Tech News
Konga offline
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Nairametrics| Konga has announced the appointment of Nick Imudia as its new Chief Executive Officer (CEO). Konga is one of Nigeria’s leading e-commerce company. In an exclusive press release sent to Nairametrics, Mr Imudia replaces Shola Adekoya, the former CEO of Konga.

Nick Imudia, was a former Vice President of Nokia Finland and recently left TCL/Alcatel where he was the Regional Director, responsible for Nigeria and Central Africa Operations.

Konga also recently appointed Corporate guru, Olusiji Ayodele Ijogun, as Chairman of Konga, suggesting that the company will be relying on a combination of experience and expertise to build a business model that is not only viable but can adapt to the dynamics of doing business in Nigeria.

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See the press release below;


Nick Imudia, a Finland-based Nigerian and former Vice President of Nokia has been appointed Chief Executive Officer (CEO) by the board of Konga, Nigeria’s leading e-commerce giant. Imudia replaces former CEO, Shola Adekoya, who resumes at the Zinox Group headquarters in Lagos, Nigeria as Head of Future Business.

Nick Mudia Konga CEO
Nick Mudia
Konga CEO

Imudia assumes office on April 3rd, 2018 with a clear mandate to deliver Konga as number one e-Commerce company in Africa.

Imudia recently left TCL/Alcatel where he was the Regional Director, responsible for Nigeria and Central Africa Operations. Before joining TCL/Alcatel, Imudia was Managing Director, Nokia West and Central Africa, a thriving concern which remains a world leader in Mobility, driving the transformation and growth of the converging Internet and Communications industry.

For almost 17 years, the widely-travelled Imudia worked in Nokia, managing operations in Asia, Europe and the Americas in the areas of sales, marketing, capability development, management systems, operational excellence, IT and process management.

His core experience across several management functions including online commerce, among others will come in handy in steering the Konga brand to greater heights.

Imudia holds a Bachelor of Engineering in Industrial Management from Mikkeli Institute of Technology, Finland; a Master of Engineering in Oil and Gas Technology Management from Aalborg University, Denmark and an MBA in International Business Management, Haaga-Helia Business School, Finland.


Nairametrics| Konga was recently acquired by Zinnox in a deal that surprised E-commerce enthusiasts and has since then been working on a new strategy to streamline the operations of the company and swing it back into profitability.

Reliable sources at Konga informed Nairametrics that the new owners have already acquired large warehouses in different parts of the country ahead of its revised distribution strategy for bringing products to their customers without hassles. From what we understand, the warehouses could serve as pick up location for Konga’s customers as well as where they can also shop for items at prices similar to what they could get online.

Analysts who spoke to Nairametrics believe Konga’s strategy might require that they prune down on overheads, negotiate wholesale distribution deals with manufacturers of consumer products and increase the adoption of Konga Pay, a payment platform used by customers of Konga.

Tags: KongaNick ImudiaZinnox
Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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