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.
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▪ 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.
▪ https://www.africabusinessplus.com/en/803857/in-the-midst-of-a-massive-restructuring-ikeja-hotels-appoints-theophilus-eniola-netufo-as-ceo/
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.
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