Jumia Nigeria announce new CEOs

Putting an end to the speculation making the round on its appointment of new chief executive officer (CEO), e-commerce platform Jumia Nigeria has finally announced Nicolas Martin and Jérémy Doutté as CEOs.

The duo replaced former managing directors Tunde Kehinde and Raphael Afaedor who have decided to leave to start their own business.

Part of the statement released by Jumia, reads: "To prepare for his new tasks, Nicolas Martin joined Jumia Nigeria a few months ago. "Prior to this, he worked for seven years at McKinsey and Co and holds an MBA from INSEAD"

“Jérémy Doutté was previously co-managing director of Jumia Egypt. Before coming to Jumia in 2012, he was an associate at McKinsey and Co. Now he joins the dream team to hold Jumia high as the largest and No1 Retailer in Nigeria.”