Nigeria’s foremost lifestyle platform, Nairabox – owned by JORG Technologies Limited – has announced changes to its leadership structure with Tokunbo Adetona taking the reins as the sole Chief Executive Officer (CEO) of the firm effective 1 January 2021.
Prior to this restructuring, Nairabox maintained a dual CEO structure with Ugochukwu ‘Jay’ Chikezie serving alongside Adetona as Co-CEO. Jay will provide support in implementing Nairabox’s 2021 growth plans as a member of the Board of Directors, JORG Technologies
Speaking on the new structure, Adetona said, “While the Co-CEO structure was necessary to bring Nairabox to where we are today, we recognise the rapid changes in today’s world that have necessitated a transition to a single CEO leading the business. With this move, we will be better able to consolidate on the gains of previous years, increase our investments in business innovation and introduce more products and services to meet stakeholders needs. We are also excited about the opportunities for new collaborations in 2021. I am honoured to be taking on the role as sole CEO of Nairabox at a transformational time in our story and I remain grateful to Jay for his exceptional leadership on our journey thus far. Our GM Toyin Emmanuel will now be joining me in a senior leadership role as COO of the company. Her commitment and leadership displayed within the company over the last 5 years has been nothing short of exemplary. I look forward to achieving great things with her.”
On his part, the outgoing Co-CEO, and Co-Founder, Chikezie said, “I am excited about what we have been able to achieve with Nairabox in the last 5 years. We have provided unparalleled lifestyle offerings to our users and also created an opportunity for brands to reward them on our platform. While I will no longer be serving as Co-CEO, I look forward to providing the necessary guidance to the entire team at Nairabox to ensure that we deliver on our mandate to our stakeholders. I am confident that Nairabox is going into a new phase of unprecedented growth and I believe the new offerings will be announced to the public’s delight in short course.”