Saturday, April 13, 2024

New Beginnings: TVC Communications Announces Leadership Transition with Andrew Hanlon’s Departure, and Victoria Ajayi to Take Over.

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The Board of TVC Communications, the father or mother firm of TVC Information, TVC Leisure channel, Max FM and Adaba FM, has introduced that its CEO and Managing Director, Andrew Hanlon, is standing down after seven profitable years main considered one of Nigeria’s largest media firms.

Underneath Hanlon’s management since 2017, TVC Communications achieved a outstanding 330% viewers progress throughout all platforms, reaching 23 million each day viewers, listeners, and readers by December 2023. He additionally applied important organizational and infrastructural adjustments that streamlined operations, improved income, and introduced the corporate to profitability.

He’ll step down from his function on April 30th 2024. 

Paying tribute to Hanlon, the Chairman of the Board of Continental Broadcasting Providers. (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 would have liked. He introduced his huge expertise of 30+ years within the broadcasting enterprise to bear and turned the fortunes of the group round and made it very worthwhile. His consideration to element and his proactive organisational expertise ensured that the standard of our programmes and scores improved exponentially and we turned one of many largest and most revered TV information stations and broadcast companies in Nigeria. Andrew additionally demonstrated sturdy dedication to our 500 workers by bettering pay, circumstances, and basic welfare by being licensed twice as a Nice Place to Work, making TVC Communications considered one of Nigeria’s finest employers.  

Andrew has set a really excessive bar and might be changed by our present Deputy Chief Monetary Officer, Mrs Victoria Ajayi, who has confirmed to be regular and dependable and should be sure that we maintain shifting ahead seamlessly  

Commenting on his choice to step down as CEO & Managing Director, Andrew Hanlon stated:

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 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 important viewers and income progress. I want to thank the Board of the 

firm for his or her unstinting assist, and specifically, the Chairman of the Board, Mr Kehinde Durosinmi-Etti, for his steerage and encouragement. I additionally want to categorical my appreciation to my senior administration groups through the years who labored tirelessly with me to assist obtain our targets and aspirations.

I want additionally to pay particular tribute to Mr Ronan Redmond, our Business Director, who may also step down on April 30th, 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 assist to me personally. 

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

Incoming Group CEO and MD, Victoria Ajayi stated:

I’m deeply honoured and humbled to just accept the place of Group MD /CEO at TVC Communications. I wish to categorical my honest gratitude to each member of the board for entrusting me with this unbelievable 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 several capacities which led to my final function as Deputy CFO, the place I’ve been supporting our outgoing CEO in navigating the complexities of our trade and driving our firm ahead. It has been a journey crammed with challenges and triumphs, and I’m immensely pleased with the important thing achievements we now have completed collectively, and I sit up for driving the corporate to higher heights and success.” 

Along with my intensive expertise in strategic administration, I deliver a robust academic background that enhances my skilled experience. As a Fellow of ACCA with an MBA from IESE Enterprise College, I include a novel mix of experience in not simply finance however management capabilities that can 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 akin to Cambridge Choose Enterprise College, Harvard Enterprise College, 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 proficient workforce and the steerage of the board, I’m assured that we’ll proceed to be a pacesetter within the media and broadcast trade.

TVC Communications is a privately owned, multi-platform, nationwide and worldwide full-service media group established in 2007 and headquartered in Lagos, Nigeria using over 500 workers with workplaces unfold throughout Nigeria.

TVC wholly owns and operates a free-to-air / DTT basic leisure TV channel, (TVC) a 24-hour DTT/DTH nationwide information channel (TVC Information) and three native FM radio stations (Max FM & Adaba FM) TVC has a mixed viewers of over 20 million folks day by day.


calabargist is a media associate for TVC Communications

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