Jobs/Appointments
NowNow Bolsters Advisory Board With David-West, Others
By Modupe Gbadeyanka
An African digital banking solution, NowNow Digital Systems Limited, has bolstered its advisory board with the appointment of David London, Managing Director, Cybersecurity, The Chertoff Group; Henrietta Bankole-Olusina, VP and Practice Lead, Economic Inclusion, Rockefeller Philanthropy Advisors; and Olayinka David-West, Associate Dean, Lagos Business School.
NowNow is a company that has built an ecosystem that digitizes payments and creates access to financial services for agents, consumers and businesses.
With the addition to its advisory board, the innovative company said it is focused on solving everyday financial challenges by creating the largest fintech ecosystem in Africa providing dynamic solutions to empower Africans with technology as well as support the financial inclusion goals in the region.
“We are honoured and excited to have David London, Henrietta Bankole-Olusina, and Olayinka David-West join our advisory board.
“Their addition to an already dedicated community of innovators and industry experts foreshadows an exponential growth and transformation of NowNow whereby we can serve the needs of Africa in better capacities.
“We look forward to their guidance and insights to ensure that the NowNow platform is safe, secure, and protected from external threats through its growth and commitment to transforming the fintech landscape in Africa,” the Chief Strategy Officer of NowNow, Mr Matthew Francis, said.
Mr London will play an enhanced role on the advisory board backed up by decades of experience in cybersecurity instrumental to security on the NowNow platform.
As the Managing Director of Cybersecurity at The Chertoff Group, he has worked with renowned security expert Michael Chertoff, Executive Chairman, The Chertoff Group, who served as Secretary of the Department of Homeland Security under President George W. Bush.
Mr London has also worked with global corporations to strengthen cyber governance, drive control transparency, and prioritize security investments to effectively mitigate and communicate cyber risk.
Through his role, he has led high-profile cybersecurity engagements in the financial services, energy, retail, healthcare, and technology sectors.
Speaking on the future of NowNow and his optimism about his role on the board, Mr London stated, “I’m thrilled to join NowNow’s advisory board where I can apply my cybersecurity and financial sector expertise as well as my experience living in Africa.
“NowNow serves a critical role in empowering African businesses and consumers, and I look forward to helping the organization sustain and strengthen its commitment to cybersecurity, trust, and transparency.”
On her part, Ms Bankole-Olusina is a leader with proven ability to lead cross-functional teams to success with career achievements in digital transformation, innovation, fintech business development, payments, and so on.
She works in financial services with a focus on financial inclusion policies driving regulatory requirements for Digital Financial Services (DFS) and engaging Financial Service Industry (FSI) regulators to provide advisory with the aim to strengthen regulatory policies in developing markets.
Also, Ms David-West is a Professor of Information Systems with over three decades experience in the IT and financial services industry. She is a passionate advocate for digital transformation and inclusive finance.
Her research and practice engagements involve policy and strategic management interventions towards digitally transformed businesses and society. She leads the Sustainable and Inclusive Digital Financial Services (SIDFS) initiative, a research and advocacy initiative dedicated to enhancing financial inclusion in Nigeria.
Jobs/Appointments
Court Sanctions CHI Limited for Wrongful Employment Termination
By Modupe Gbadeyanka
The termination of the employment of one Mr Bodunrin Akinsuroju by CHI Limited has been declared as unlawful by the National Industrial Court of Nigeria.
Delivering judgment on the matter, Justice Sanda Yelwa of the Lagos Judicial Division of the court held that the sacking of Mr Akinsuroju did not comply strictly with the provisions of the contract of employment and the Employee Handbook.
Consequently, the company was directed to pay him the sum of N2 million as general damages for wrongful termination and N200,000 as costs of action, while Mr Akinsuroju was ordered to return the company’s properties in his possession or pay their assessed market value.
Justice Yelwa found that the contract agreement between both parties clearly required either party to give 30 days’ notice or payment in lieu of notice after confirmation of appointment, and there was no evidence that the employee was given the required notice or paid salary in lieu of notice.
The judge held that failure to comply with this fundamental term amounted to a breach of the contract of employment, thereby rendering the termination wrongful.
Mr Akinsuroju had claimed that the allegation of misconduct against him was unfounded and not established, maintaining that the disciplinary committee proceedings were prejudicial and that the termination of his employment was without justifiable cause and without compliance with the agreed terms of his employment.
In defence, CHI Limited contended that it had the right to terminate the employment of Mr Akinsuroju and that the termination was lawful and in accordance with the contract of employment and the Code of Conduct.
In opposition, counsel to Mr Akinsuroju submitted that the alleged breaches were not proved and that the termination letter took immediate effect without the requisite 30 days’ notice or payment in lieu of notice as stipulated in the letter of appointment and the Employee Handbook, urging the court to hold that the termination was wrongful and to grant the reliefs sought.
Jobs/Appointments
Tinubu Appoints Tunji Disu as Acting Inspector General of Police
By Modupe Gbadeyanka
President Bola Tinubu on Tuesday appointed Mr Tunji Disu as the acting Inspector General of Police (IGP), following the resignation of Mr Kayode Egbetokun.
Mr Disu, an Assistant Inspector General of Police (AIG), was recently moved to the Force Criminal Investigation Department (FCID) Annex, Alagbon, Lagos.
A statement today by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, disclosed that the President would convene a meeting of the Nigeria Police Council shortly to formally consider the appointment of Mr Disu as substantive IGP, after which his name will be transmitted to the Senate for confirmation.
Mr Tinubu expressed confidence that Mr Disu’s experience, operational depth, and demonstrated leadership capacity would provide steady and focused direction for the Nigeria Police Force during this critical period.
He reiterated his administration’s unwavering commitment to enhancing national security, strengthening institutional capacity, and ensuring that the Nigeria Police Force remains professional, accountable, and fully equipped to discharge its constitutional responsibilities.
Mr Egbetokun was said to have resigned from the position due to pressing family considerations.
President Tinubu, who accepted the resignation letter, expressed his profound appreciation for Mr Egbetokun’s decades of distinguished service to the Nigeria Police Force and the nation. He acknowledged his dedication, professionalism, and steadfast commitment to strengthening internal security architecture during his tenure.
Appointed in June 2023, Mr Egbetokun was serving a four-year term scheduled to conclude in June 2027, in line with the amended provisions of the Police Act.
The statement disclosed that his replacement was in view of the current security challenges confronting the nation, and acting in accordance with extant laws and legal guidance.
Jobs/Appointments
Tunji Disu to Become New IGP as Egbetokun Quits
By Adedapo Adesanya
Mr Tunji Disu, an Assistant Inspector General of Police (AIG), has reportedly replaced Mr Kayode Egbetokun as the new Inspector General of Police (IGP).
Mr Egbetokun resigned from the position on Tuesday after he was said to have held a meeting with President Bola Tinubu on Monday night at the Presidential Villa in Abuja.
President Tinubu appointed Mr Egebtokun as the 22nd IGP on June 19, 2023, with his appointment confirmed by the Nigeria Police Council on October 31, 2023.
Appointed as IGP at the age of 58, Mr Egbetokun was due for retirement on September 4, 2024, upon reaching the mandatory age of 60, but his tenure was extended by the President, creating controversies, which trailed him until his exit from the force today.
Although the police authorities are yet to comment on the matter or issue an official statement about his resignation, the move came amid reports suggesting that Mr Egbetokun has left the position.
Mr Egbetokun’s tenure was marred by a series of controversies; he recently initiated multiple charges against activist Mr Omoyele Sowore and his publication, SaharaReporters, after Mr Sowore publicly described him as an “illegal IGP.”
The dispute escalated into protracted legal battles, with the Federal High Court issuing injunctions restricting further publications relating to the former police chief and members of his family. Critics interpreted these court actions as attempts to stifle dissent and weaken press freedom.
His replacement, Mr Disu, was posted to oversee the Force Criminal Investigation Department (FCID) Annex, Alagbon, Lagos, some days ago.
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