Ten Directors, including Dr. Oluwatosin Dokpesi, the wife of late, Dr. Raymond Dokpesi, have been retired from DAAR Communications Plc, owners of AIT, Raypower and Faaji FM.
DAAR Communications PLC announced the retirement of members of its Executive Management with effect from October 31, 2024 in compliance with Code of Corporate Governance as well as Company’s Internal Control Policies and Procedures Manual.
A statement signed by the Company Secretary, Miji Jonah, said the affected officials have spent over 10 years in such capacity.
Those affected were Senior High Chief Tony Akiotu, Dr. Oluwatosin Dokpesi, Dr. Ambrose Somide, Anthony Uyah, Paulyn Ugbodaga, Mary Lawrence-Dokpesi, Faith Ikems, Imoni Amarere, John Iwarue and Johnson Onime.
The Board of DAAR Communications PLC expressed gratitude to all the retiring Executive Board members for their invaluable contributions to the company during their tenure and wished them the very best in their future endeavours.
The statement added that the media conglomerate is working on major restructuring of its leadership and once this is concluded, the Nigerian Exchange Limited and other regulatory authorities, its shareholders and the general public would be notified.
The Chairman of DAAR Communications Plc, Raymond Dokpesi (Jnr), in an interview with Daily Sun, explains the retirements were in fact, long overdue.
