By Bright Azuh
It is the end of a leadership era at Cellulant, the Kenya-based fintech company, as co-founder Ken Njoroge says he will transition from his CEO role by June this year.
In a statement on the company’s website, the 45-year old self-styled evangelist of mobile commerce says his decision partly stems from the fallout of the August 2020 internal crisis that that led to his co-founder’s, Bolaji Akinboro, exit from the business they both started in 2003.led to his co-founder Bolaji Akinboro leaving the business they both started in 2003.
The episode, Njoroge says, made it clear to him that Cellulant’s future will be determined by an “enterprise runner” whose job it is to build on the structure established over time and help grow the company’s strategic goals.
Cellulant is often recognized as an early leader of the fintech wave that now blows across Africa.
It was founded in Kenya around the same time as Nigerian payment companies Interswitch and eTranzact. These three have played a pivotal role in been pivotal to accelerating digital payments on two of the continent’s most tech-driven markets.
Source:: Tech Cabal