Shola Adekoya

Shola Adekoya

Shola Adekoya, stepped up to lead in an acting capacity after the founder, Sim Shagaya stepped down and became chairman of the board at the end of January 2016. The company was said to be searching for a replacement. That search has apparently ended with the board confirming the one it had appointed to take over the reins in the interim. But I’m still searching. For a less pixellated image of Mr. Adekoya.

The original announcement is reproduced below.


Lagos, Nigeria. March 2016: Nigeria’s largest online mall company, Konga Online Shopping Limited, has announced the appointment of Mr. Shola Adekoya, as its new Chief Executive Officer (CEO). He takes over from the founder and former CEO, Sim Shagaya, who now serves as the Chairman of the Board of Directors.

Mr Adekoya is a seasoned professional with over 17 years of business and management experience in finance, telecom, logistics retail and transportation across Europe and Africa.

As the new CEO, Mr. Adekoya will manage the day-to-day affairs at and will work with the company’s board of directors to further solidify the company’s leadership position in Nigeria’s e-commerce industry, as well as identify new business opportunities and prepare for the emerging 4th Industrial Revolution. The new 4th Industrial digital technology revolution is all about the new “Internet of Things”, that will influence consumer behavior and usher in shifts such as an improved e-commerce platform that delivers a new and robust interactive shopping experience to consumers.

Mr. Adekoya joined Konga Online Shopping Limited in 2013, as the Chief Financial Officer (CFO), and later moved to become the Chief Operating Officer at the company. He has played critical roles behind the scene in bringing to the forefront of e-commerce and retail trade in Nigeria, with innovative online retail programs and sales strategies, all of which are improving the overall customer satisfaction levels with regards the online shopping experience in Nigeria.

Prior to joining, Mr. Adekoya was in charge of financial planning and budgeting at Etisalat Nigeria; a dynamic Nigerian telecom operator. Mr. Adekoya also worked as a business integrator in with several other international organizations including; Ciena UK, UK-HomeOffice, Transport for London, Orion Media Marketing, London River service and many others. He also worked with Vodafone Group across 8 European countries in developing Internet and data driven revenue streams, as well as cross-country consolidation of technology platforms to optimize operations and improve business economics.

“I look forward to our continued efforts at advancing the development of new and innovative consumer solutions in Konga. We are committed to delivering excellent experience to our customers and I believe that we will be at the forefront of solving Africa’s problems through Technology” said Shola.

“Our overarching business goal is “to be the engine of trade and commerce in Africa” and this simply means that we will heavily contribute to economic development and influence how trading is done in Africa. We will introduce new retail and marketplace strategies to ensure the seamless delivery of an engaging interactive shopping experience to consumers online”.

Bankole Oluwafemi Author

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