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Hanlon Steps Down as CEO of TVC, Ajayi Named Successor

Hanlon Steps Down as CEO of TVC, Ajayi Named Successor

Mary Nnah

The Board of TVC Communications, homeowners of TVC Information, TVC Leisure channel, Max FM, and Adaba FM, has formally introduced the appointment of a brand new Group Managing Director, Mrs. Victoria Ajayi to steer one of many largest media firms in Nigeria.

Ajayi, who will take over from Could 1, is at present the Deputy Chief Monetary Officer of the corporate, an announcement from the corporate mentioned.

Below Hanlon’s management, TVC Communications skilled important organisational, infrastructural, and financial adjustments.

The broadcaster achieved a development of 330 per cent throughout all TV, radio, and social media channels, from a each day viewers of 5.3 million viewers, listeners, and readers to 23 million by December 2023.

Moreover, the corporate mentioned it achieved substantial working value and income enhancements, bringing it to profitability.

The Chairman of the Board of Continental Broadcasting Providers Restricted, Mr. Kehinde Durosinmi-Etti, praised Hanlon for his huge expertise and dedication to bettering the standard of TVC Communications’ programmes and scores.

Hanlon additionally improved pay, circumstances, and basic welfare for the corporate’s 500 workers, making TVC Communications certainly one of Nigeria’s greatest employers.

Hanlon will step down on April 30, 2024, and will likely be changed by the present Deputy Chief Monetary Officer, Mrs. Victoria Ajayi.

Hanlon expressed his appreciation to the corporate’s Board and senior administration groups for his or her assist in reaching TVC Communications’ objectives and aspirations. He additionally paid tribute to Mr. Ronan Redmond, the Industrial Director, who can be stepping down after serving the corporate since 2017.

Commenting on his determination to step down as CEO/ Managing Director,  Hanlon mentioned, “It has been a privilege and an honour to have led TVC Communications over the previous seven years having labored with so many proficient and devoted workers.

“We achieved nice issues as a workforce together with the re-launch of our two TV channels, the creation of MAX FM radio in Lagos and Abuja and the launch of our social media platforms, which led to important viewers and income development.

“ I want to thank the Board of the corporate for his or her unstinting assist, and specifically, the Chairman of the Board, Mr Kehinde Durosinmi-Etti, for his steerage and encouragement,” he mentioned.

 Incoming Group CEO/MD, Ajayi, expressed her gratitude to the Board for entrusting her with the chance to steer the organisation into its subsequent chapter of development and success.

She brings intensive expertise in strategic administration, complemented by a powerful academic background, having earned her MBA from IESE Enterprise Faculty and is a Fellow of ACCA, the assertion added.

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