Jumia Changes Board And CEOs Step Down As It Renews Focus On Profitability

Nov 9, 2022 · 1m 42s
Jumia Changes Board And CEOs Step Down As It Renews Focus On Profitability
Description

Jumia, the African eCommerce giant, has announced a few changes in its management with the appointment of a new management board and the departure of co-founders Jeremy Hodara and Sacha...

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Jumia, the African eCommerce giant, has announced a few changes in its management with the appointment of a new management board and the departure of co-founders Jeremy Hodara and Sacha Poignonnec as co-CEOs.
Francis Dufay has been appointed as acting CEO by the supervisory board while the search for a permanent CEO continues.
The supervisory board has also promoted Antoine Maillet-Mezeray who was previously Jumia’s group CFO, to executive vice president of finance & operations.
These two changes are only the first out of many other senior management changes that the company will be making over the next few months.
The company says it will provide additional information on this announcement and business priorities on its Q3 earnings call scheduled for November 17, 2022.
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Author Africa Business Radio
Organization Africa Business Radio
Website -
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