After seven years, the Board of TVC Communications, owners of TVC News and TVC Entertainment channels Max FM and Adaba FM, has announced changes in the company’s management team.
The board disclosed that its Chief Executive Officer and Managing Director, Mr. Andrew Hanlon, will step down on April 30, 2024.
A statement by TVC stated that Hanlon, who joined the organisation in 2017, had overseen organisational, infrastructural and economic changes at the broadcaster.
It said Hanlon is standing down after seven successful years leading one of Nigeria’s largest media companies.
According to the statement, “these include delivering growth of 330 percent across all TV, radio, and social media channels from a daily audience of 5.3 million viewers, listeners, and readers to 23 million by December 2023, in addition to substantial operating costs and revenue improvements, bringing the company to profitability in that time.”
Meanwhile, Deputy Chief Financial Officer, Mrs. Victoria Ajayi, has been appointed CEO and MD with effect from May 1, 2024.
Ajayi will now take over the running of the company and bring it to even greater success. Aside from being a very talented chartered accountant, she has an in-depth knowledge of the media business and a desire to continue the pathway to growth and development.
She will also be the only female to run a national media company in Nigeria at this time which fits seamlessly with the company’s core values of promoting talented women in the workplace.
