Founder and CEO of Nigeria leading online shopping mall Konga.com, Sim Shagaya will be stepping down from his role as the CEO of the company, but he has been appointed as the new chairman by the Board of Directors.
The current COO of the company Shola Adekoya, will now replaced him as the interim CEO until the board of directors appoints a new CEO for the company.
According to report says that Sim sent out mail to all Konga staffs about the new development in the company, following his meeting with the company investor in Amsterdam. He furthers explained that the decision is for the company best interest and that it will serve to improve Konga’s strategy in the long-term.
According to Sim report to Tech Cabal reported that his new role will see him be more less involved in the daily to-day running activities of the company. But he will be fully focusing on the long-term vision and strategy for the company.
He furthers says that he will be more involved in product development guidance, mentoring the management team and shaping company culture.
@TechCabal for Konga: strategy, culture, mentorship. For me, sleep, yoga, teach and learn to see the world with curious childlike eyes again
— SS (@SimShagaya) January 27, 2016
In 2012, founded Konga.com and ever since then the company has become leading and one of the largest online shopping mall in Africa.