eTranzact Appoints Toluwalope MD/CEO

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eTranzact Pledges to File its H1 2020 Results Latest September 30

eTranzact International PLC (“The Company”) wishes to inform its esteemed Shareholders, Stakeholders, The Nigerian Stock Exchange (“The Exchange”) and the general public of the following appointments:

MR. OLANIYI TOLUWALOPE – MANAGING DIRECTOR/CHIEF EXECUTIVE OFFICER

Mr. Olaniyi Toluwalope holds a BSc in Accounting from the University of Lagos and an MBA from the University of Virginia’s Darden Graduate School of Business. He is also a Chartered Accountant.

Before joining eTranzact International PLC as the Chief Financial Officer in 2011, he worked in several units within PricewaterhouseCoopers including Financial Services, Energy and Oil & Gas, Telecommunication, and Consumer and Industrial Products. He also worked at JP Morgan Securities Investment Banking Division and Credit Suisse First Boston’s Investment Banking unit in New York City.

Mr. Toluwalope served as the Interim Chief Executive Officer before the Board’s approval to the substantive Managing Director/Chief Executive Officer.

MR. HAKEEM ADENIJI-ADELE – DEPUTY MANAGING DIRECTOR

Mr. Hakeem Adeniji-Adele holds a BSc Honours in Mathematics and Computer Science from the University of London Goldsmiths College and an MBA (Corporate Finance) from the University of Leicester Management School.

Mr. Adeniji-Adele served as the Chief Technology Officer and Public Service Director of Microsoft between 2015 and 2018. He also worked in Aspirah Technology Solutions Limited where he was the Managing Director.

Mr. Adeniji-Adele has over 20 years of hands-on experience in technology having worked in different capacities in various companies.

The Board is confident that the above appointments will bring in the required experience that will drive the Company’s business forward.

Following the above appointments, the Board of eTranzact International PLC is now comprised as follows:

S/NNAMEDESIGNATION
1Mr. Wole AbegundeChairman/Non-Executive Director
2Mr. Olaniyi ToluwalopeManaging Director/Chief Executive Officer
3Mr. Anthony EgbunaNon-Executive Director
4Mr. Victor EtuokwuNon-Executive Director
5Mr. Afolabi OladeleNon-Executive Director
6Mrs. Olayimika PhillipsIndependent Non-Executive Director
7Mr. Judedavid MbamaluNon-Executive Director
8Mr. Paul ObanuaNon-Executive Director
9Mr. Olayinka OluwatimehinNon-Executive Director
10Mr. Hakeem Adeniji-AdeleDeputy Managing Director