Jumia co-founders Jeremy Hodara and Sacha Poignonnec have stepped down from their co-CEO positions, and Francis Dufay has taken over.
Until recently, Francis Dufay, the executive vice president for Jumia Africa, overseeing its entire operation on the continent, will step into the CEO role at the company.
Jumia Group’s former Chief Financial Officer, Antoine Maillet-Mezeray, has been promoted as Executive Vice President, Finance & Operations for the Group.
“As we look ahead to the next chapter of Jumia’s journey, we want to bring more focus to the core e-commerce business as part of a more simplified and efficient organization with stronger fundamentals and a clearer path to profitability,
“We look forward to working closely with Francis, Antoine and the leadership team to execute on these objectives and continue on our mission of offering a compelling e-commerce platform to consumers, sellers and the broader Jumia ecosystem in Africa,” he added.
Jonathan Klein, the chairman of the company’s Supervisory Board, said the company is grateful to have had them at its helm for the last decade.
“We thank Jeremy and Sacha for their leadership over the last decade to envision and build a company that became the leading pan-African e-commerce player,” Klein said.
