Sim Shagaya resigns as CEO of Konga

Sim Shagaya, the founder of Nigerian eCommerce giant, Konga, has resigned from his post of Chief Executive Officer.

This is surprising to many, as Sim started the company in 2012. However, this development does not spell doom for the giant company as Sim Shagaya himself placated any fear by explaining in a mail sent to Konga staff.

He explained that this came following a visit to the company’s investors in Amsterdam. In his new role, Sim will become less involved in the daily running of the company and focus more on the long term vision and strategy of the company.

These include product development guidance ( with emphasis on KongaPay ), mentoring senior management, shaping the culture of the company, and interfacing with key stakeholders including investors and the government.

Shola Adekoya, Chief Operating Officer at Konga, will take over as the interim CEO pending the board’s search and appointment of a new CEO.




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