Chams Holding Company PLC: appoints Segun Oloketry as chairman, effective July 9, 2026

Chams Holding Company PLC has announced the appointment of Mr. Olusegun Oloketuyi as Chairman of the Board, effective July 9, 2026, following retirement of its founder, Sir Demola Aladekomo. Sir Demola, who founded the company in 1985, served as Group Managing Director for 30 years before transitioning to the role of Chairman in 2020. His retirement marks the conclusion of a 40-year tenure characterized by transformative leadership and innovation in Nigeria’s technology and digital services sector.

Mr. Oloketuyi brings extensive experience in banking and corporate governance to his new role. A Fellow of the Institute of Chartered Accountants of Nigeria (FCA), he previously served as Managing Director and Chief Executive Officer at Wema Bank Plc and held senior leadership roles at Skye Bank Plc and Polaris Bank Plc. His appointment is expected to ensure continuity in strategic direction and governance as Chams continues to expand its footprint in identity management, payment infrastructure, and digital innovation.

Mayowa Olaniyan, Group Managing Director/CEO of Chams Holding Company PLC, emphasized the significance of Sir Demola’s legacy, stating that his leadership laid the foundation for the company’s success and its role in Nigeria’s digital transformation. The Board expressed its appreciation for his contributions and underscored its commitment to maintaining the values of innovation and excellence that have defined Chams’ operations.