In the midst of a massive restructuring, Ikeja Hotels appoints Theophilus Eniola Netufo as CEO
The Nigerian hotel group has just seen the end of a lengthy forensic audit, initiated in 2017 by Nigeria’s capital market regulator. Theophilus Eniola Netufo’s appointment concludes his role as Acting Managing Director and CEO.
27/03/2020 at 16h11, by Valentin Grille
He took the helm of the group in a difficult period marked by a 2017 decision of the Securities and Exchange Commission (SEC), Nigeria’s main capital market regulator, to suspend the group’s capital market activities. A dispute among several major shareholders who are also members of the Ibru family, pushed Chairman Goodie Ibru, who founded the group in 1975, to resign in February 2017.