Chams Holding Company Plc has appointed former Wema Bank chief executive Segun Oloketuyi as chairman of its board of directors, marking the end of founder Demola Aladekomo’s four-decade leadership of the technology company.
The appointment, which takes effect on July 9, follows board approval in line with the company’s governance processes and regulatory requirements, according to a notice filed with the Nigerian Exchange Limited (NGX) and signed by company secretary Oluwaseun Osuji and group managing director/chief executive officer Mayowa Olaniyan.
The leadership transition comes as Chams positions itself for a new phase of growth after strengthening its capital base last year to expand investments in digital infrastructure, identity verification technologies, and other technology businesses.
Read also: Chams declares N270m in final dividend payout to shareholders
Oloketuyi succeeds Aladekomo, who founded Chams and led the company for 40 years, serving first as group managing director for three decades before moving to
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