Zinox Group wants $10 billion investment

Google+ Pinterest LinkedIn Tumblr +

The Zinox Group which comprises of Zinox Technologies, Technology Distribution, Task Systems, ICT brokers, ICT Connect and Konga, is targeting to hit $10 billion investment by 2021. THISDAY reports that there are hopes to achieve this feat by the time Zinox’s CEO, Leo-Stan Ekeh quits as chief executive officer in 2021.

A source told THISDAY that if the target is realised, Ekeh intends to change the lives of his devoted employees by empowering them before he retires into full time research in the technology and social work sectors.

The source said “this is his ambition and I hope he realises this, especially considering the turbulent Nigerian economy. This was one of the reasons his group did not retrench any staff during the last economic recession, an unprecedented feat that is highly commendable in view of the gale of retrenchment that greeted the economic downturn”.

Zinox Group’s Corporate Communications Advisor, Mr. Echika Ezuka, revealed that Ekeh’s decision to retire was taken after deep consideration. He also noted that the action will give him more time to focus on his other humanitarian interests.

Ekeh’s impressive career has been consistent with several technology innovations in Nigeria and beyond. He was honoured by former President Olusegun Obasanjo on the occasion of Nigeria’s Independence Anniversary in 2002, for his pioneering efforts in the area of Information and Communications Technology (ICT). He is also credited for pioneering desktop publishing and computer graphics in Nigeria with his first company- Task Systems Ltd.

The Chief Executive Officer of Zinox has also been credited for pioneering the deployment of digital dispensing pumps in Nigeria, manufacturing the first local and internationally certified computer brand in Sub-Saharan Africa through Zinox Technologies Ltd, and facilitating the biometric digital revolution in Nigeria.




About Author

Leave A Reply