Zinox boss, Stan Ekeh, may retire in 2021
Rumor has it that the Chairman of Zinox Group, Mr. Leo Stan Ekeh may have decided to quit as CEO of his technology group by 2021. This rumor is coming from a close friend of the Mr. Ekeh who confirmed that going by his tone at the Zinox Group corporate retreat held in April, it is clear he will retire as Group CEO when he turns 65 in 2021.
Although the source doesn’t want to be revealed, but according to him, Mr. Ekeh goal is to achieve a tech group worth $10B in valuation by this time and if he realizes it, he intends to change the lives of his devoted employees by making every Management staff in the group who has served him loyally a billionaire and others millionaires before retiring into full-time research in the technology sector and social work.
Speaking further, the source stated,
“This is his ambition and I hope he realizes this, especially considering the turbulent Nigerian economy. This was one of the reasons his group did not retrench any staff during the last economic recession, an unprecedented feat that is highly commendable in view of the gale of retrenchment that greeted the economic downturn”
Confirming the rumor, Corporate Communications Advisor, Zinox Group, Mr. Echika Ezuka said Mr. Ekeh’s decision to call time on his stellar career as arguably the continent’s foremost technology entrepreneur is one that was taken after deep consideration, as it would afford him more time to focus on his other humanitarian interests.
Mr. Ekeh has a very impressive portfolio and a lot of achievements to his name. One of such accolades is being credited with the biometric digital revolution in Nigeria, having delivered the INEC Voters’ registration in 2006 when foreign contractors could not deliver after months of promises. He again supervised the biggest single ICT digital rollout in Africa with INEC in 2010 as well as the largest single e-Library and Wireless cloud rollout project on the continent through one of his companies – Zinox Technologies Ltd.
During Nigeria’s Independence Anniversary on October 1st, 2002, Mr. Ekeh was honored by former President Olusegun Obasanjo for his sustained pioneering efforts in the area of Information and Communications Technology (ICT) and as a model for modern Nigerian youths, has been consistent with several technology innovations in Nigeria and beyond.
He is also a pioneer of many technological innovations in Nigeria and indeed Africa. He pioneering Desktop Publishing and Computer Graphics in Nigeria with his first Company – Task Systems Ltd, also pioneered the deployment of digital dispensing pumps in Nigeria in partnership with Elf Petroleum and Schlumberger, France through his company Stanoil. He launched the first ICT support Company in Nigeria – ITEC Solutions Ltd. and also pioneered structured ICT Distribution in West Africa with the launch of Technology Distributions Ltd. which has remained the biggest distributors in the West African sub-region.
He has received over 85 high-profile awards and served on a good number of Federal Government Committees in the last 15 years including the strategic Nigeria Thinkers, Presidential Committee for Job Creation, ICT Roadmap, among many others.
Many might be surprised to hear about his retirement plans, because of his very active lifestyle, devotion to healthy living and Spartan discipline which has made him look much younger than his years.
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