Friday, April 12, 2024

Andrew Hanlon to Step Down as CEO & MD of TVC Communications, Paving the Way for New Leadership

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The Board of TVC Communications, house owners of TVC Information and TVC Leisure channels Max FM and Adaba FM, has introduced that its CEO and Managing Director, Andrew Hanlon, is stepping down after seven years main certainly one of Nigeria’s largest media corporations.

Since becoming a member of in 2017, Hanlon is alleged to have overseen vital organisational, infrastructural, and financial modifications, together with delivering progress of 330% throughout all TV, radio, and social media channels from a each day viewers of about 5.3 million viewers, listeners, and readers to about 23 million by December 2023, along with substantial working price and income enhancements, bringing the corporate to profitability in that point.

He’ll step down from his position on April thirtieth, 2024.

Paying tribute to Hanlon, the Chairman of the Board of Continental Broadcasting Providers Ltd. (house owners of TVC Communications), Kehinde Durosinmi-Etti stated:

When Andrew joined us as Group CEO, he was like a breath of contemporary air and the lacking hyperlink we wanted. He introduced his huge expertise of 30+ years within the broadcasting enterprise to bear, turned the fortunes of the group round, and made it very worthwhile. His consideration to element and his proactive organisational abilities ensured that the standard of our programmes and rankings improved exponentially, and we grew to become one of many largest and most revered TV information stations and broadcast companies in Nigeria. Andrew additionally demonstrated robust dedication to our 500 workers by bettering pay, situations, and normal welfare by being licensed twice as a Nice Place to Work, making TVC Communications certainly one of Nigeria’s finest employers.

Andrew has set a really excessive bar and might be changed by our present deputy chief monetary officer, Victoria Ajayi, who has confirmed to be regular and dependable and must make sure that we preserve transferring ahead seamlessly.”.

Commenting on his determination to step down as CEO and Managing Director, Andrew Hanlon stated:

“It has been a privilege and an honour to have led TVC Communications over the previous 7 years, having labored with so many gifted and devoted workers.

We achieved nice issues as a group, together with the relaunch of our two TV channels, the creation of MAX FM radio in Lagos and Abuja, and the launch of our social media platforms, which collectively led to vital viewers and income progress. I want to thank the Board of the corporate for his or her unstinting assist, and particularly, the Chairman of the Board, Kehinde Durosinmi-Etti, for his steerage and encouragement. I additionally want to specific my appreciation to my senior administration groups over time who labored tirelessly with me to assist obtain our objectives and aspirations.

I additionally want to pay particular tribute to Ronan Redmond, our industrial director, who can be stepping down after serving with us since 2017. He’s, with out query, the most effective strategic media income specialists in our sector, and I’m grateful to him for producing excellent income outcomes yearly and for his private assist of me.

Lastly, I’m delighted that our Deputy Chief Monetary Officer, Victoria Ajayi, will now take over the operating of the corporate and produce it to even higher success. Other than being a really gifted chartered accountant, she has in-depth data of our enterprise and a need to proceed the pathway to progress and improvement. I consider she may even be the one feminine to run a nationwide media firm in Nigeria at the moment, which inserts seamlessly with our core values of selling gifted girls within the office.”

Incoming Group CEO/MD, Victoria Ajayi, stated:

” I’m deeply honoured and humbled to just accept the place of Group CEO/MD at TVC Communications.

I wish to specific my honest gratitude to each member of the board for entrusting me with this unimaginable alternative to guide our organisation into its subsequent chapter of progress and success.

Over the previous decade, I’ve had the privilege of serving within the firm in numerous capacities, which led to my final position as Deputy CFO, the place I’ve been supporting our outgoing CEO in navigating the complexities of our business and driving our firm ahead. It has been a journey stuffed with challenges and triumphs, and I’m immensely pleased with the important thing achievements we now have completed collectively. I sit up for driving the corporate to higher heights and success.

Along with my in depth expertise in strategic administration, I’ve a powerful academic background that enhances my skilled experience. As a Fellow of ACCA with an MBA from IESE Enterprise Faculty, I include a singular mix of experience in not simply finance however management capabilities that may drive enterprise progress.

Equally, as a member of the Institute of Administrators and the Society for Company Governance, Nigeria, I’m dedicated to upholding the best requirements of company governance and moral management in our organisation. Having participated in programmes at prestigious establishments comparable to Cambridge Choose Enterprise Faculty, Harvard Enterprise Faculty, and BBC, I’m totally dedicated to constructing upon our previous successes and main our firm to new heights of innovation, resilience, and prosperity.

With the assist of our gifted group and the steerage of the board, I’m assured that we’ll proceed to be a frontrunner within the media and broadcast business.”

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