In continuation of the restructuring of its operations, Mr Toke Alex-Ibru has been appointed as the Chief Executive Officer (CEO) of The Guardian.
This development emerged as Mr Martins Oloja, Managing Director/Editor-in-Chief steps down following notice of retirement, which will expire at the end of March 2024.
In an announcement by the newspaper’s Board yesterday, Alex-Ibru is expected to deploy his experience in the corporate industry to enrich the brand equity of the 40-year-old newspaper.
Alex-Ibru attended Cranleigh School and Wellington College. He is a 2002 History graduate of the University of Exeter, United Kingdom, and an alumni member of IESE Business School in Spain, where he did his Executive Education in Media and Entertainment.
He has had over 15 years of commercial experience in publishing and seven years in hospitality management.
In his former capacity as an Executive Director, he has been involved in the management, development and sustainability of the newspaper, coupled with his roles in its digital transformation and membership of The Guardian Editorial Board.
In 2003, he established Lexan Media Services Ltd, which provides consulting services to global brands entering the Nigerian market and in 2005 he introduced Time Out magazine to the country, which published Time Out Lagos and Time Out Abuja under the license of the ‘Time Out Group’, UK.
He has been a Commercial representative of the Financial Times, UK since 2010, just as the platform published several annual special reports on Nigeria, including FT Nigeria Oil and Gas and FT Investing in Nigeria.
Alex-Ibru is currently a director on the boards of Ikeja Hotels Plc, Tourist Company of Nigeria Plc and is the Chairman of Charles Hampton, a subsidiary of Ikeja Hotels and in equity partnership with Lagos State Government’s Ibile Holdings. He is the Publisher of Marie Claire Nigeria under licence from the Marie Claire International media group in France.
He also sits on the advisory boards of WARIF International, Board of Governors Member of Trinity Foundation (Ibru Ecumenical Centre) and the Nigerian-Belgium Chamber of Commerce.
His interests include, philosophy, reading, travelling, tennis, running, yoga and meditation.
Recall that the restructuring of the newspaper began in April last year when the outgoing MD/Editor-in-Chief, Oloja, announced the former Business Editor, Dr Oluwafemi Adekoya, as Editor (daily) of the newspaper. Adekoya had then replaced Mr Alabi Williams, who is now a member of the Editorial Board under the chairmanship of Professor Wale Omole, former Vice Chancellor of the Obafemi Awolowo University, Ile-Ife.
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