Nick Imudia, Co-Chief Executive Officer (CEO) of Konga, Nigeria’s leading composite e-commerce giant, is expected to step down from his role at the end of September 2022, after a successful tenure as agreed with the Konga Group Board of Directors while Prince Ekeh, its co-CEO who has just completed his MBA at the University of Oxford, England, should take charge.
Imudia, a highly respected international business guru alongside Prince Ekeh, a serial digital entrepreneur and founder of Yudala.com, Africa’s first composite e-commerce platform, are responsible for what industry watchers have described as a technological miracle. They transformed Konga from a nearly dead business into profitability in four years and launched other strategic verticals like Konga Logistics – a digital logistics company, offline retail chain Konga, KongaPay, a fintech company under CBN license, Konga Travel, Konga Health and Konga Food, among others.
Mr Imudia joined the company in 2018 with the acquisition of the e-commerce giant from former majority owners Naspers, headquartered in South Africa, and AB Kinnevik, based in Sweden. The cerebral Imudia is said to have played a significant role in transforming Konga into Nigeria’s most trusted e-commerce brand and the first in Africa to achieve profitability, although it was set to exit the market at the time of the launch. ‘acquisition.
Prior to joining Konga as a strategic partner and co-CEO, he was Regional Director of TCL/Alcatel for two years. Imudia was also CEO of Nokia West, where he held various positions for over 17 years. A man with a global presence, he has lived in the United States, Finland and Singapore where he was recognized for his expertise in capability development, operational excellence, systems analysis and process management, among others.
Prince Ekeh is now expected to lead Konga with a new, restructured management team of proven first-class professionals in the next phase of its expansion.
Konga is expected to make inroads into other African markets after achieving a measure of relevance, acceptance and market leadership in Nigeria.
An economics graduate and fintech guru, Prince Ekeh has gained enormous experience well beyond his years. His business management skills and in-depth understanding of retail have also helped propel Konga to the zenith of the e-commerce industry in Nigeria. A multi-award winner, Prince Ekeh pioneered the first composite e-commerce business in Africa and launched the world’s first e-commerce drone delivery as well as the first edition focused on online/offline technology. of the world famous edition of Black Friday in Africa.
Konga has earned business respect as an innovative and ethical e-commerce group widely recognized by millions of Nigerians.