OLALEKAN LATONA’S ASCENSION: FROM CHIEF OPERATING OFFICER TO MANAGING DIRECTOR AT CARD CENTER NIGERIA LIMITED BY CHINEDU NSOFOR
In the fast-paced world of financial technology, few stories capture the imagination quite like Olalekan Latona’s remarkable journey at Card Center Nigeria Limited. A seasoned professional with a passion for innovation, Latona’s rise from Chief Operating Officer (COO) to the coveted position of Managing Director is a testament to his visionary leadership and strategic acumen.
The Early Days:
Olalekan Latona joined Card Center Nigeria Limited in September 2014 as a Chief Marketing, he rose to the rank of the Chief Operating Officer in August 2021 bringing with him a wealth of experience in the financial services sector. His early years at the company were marked by his dedication to streamlining operations and enhancing efficiency. As COO, Olalekan played a pivotal role to manage delivery and execution in terms of international Joint Venture agreement, developed and implemented tactical and strategic plans for card production operations to ensure optimal productivity.
Innovations in Operations:
Under Olalekan’s watchful eye, Card Center Nigeria Limited experienced a paradigm shift in its operational strategies. He spearheaded the implementation of innovative strategies to attract and retain high level customers. Olalekan’s commitment to staying ahead of the curve in the rapidly evolving fintech landscape positioned the company as a trailblazer in the industry.
Strategic Partnerships:
Recognizing the importance of strategic partnerships in the competitive financial market, Olalekan forged alliances with key players in the industry. These partnerships not only expanded Card Center Nigeria Limited’s market reach but also enhanced the company’s portfolio of services, making it a one-stop solution for clients seeking comprehensive financial solutions.
Customer-Centric Approach:
One of Olalekan’s major accomplishments as COO was his relentless focus on the customer. He built and maintained trusted relationships with key customers and stakeholders. He championed a customer-centric approach, ensuring that the company’s products and services were tailored to meet the evolving needs of clients. This shift in perspective not only increased customer satisfaction but also fostered long-term relationships, solidifying Card Center Nigeria Limited’s position as a trusted financial partner.
Elevated to Managing Director:
As a recognition of his exceptional contributions and unwavering commitment, Olalekan Latona was appointed as the Managing Director of Card Center Nigeria Limited. In this elevated role, Olalekan continues to steer the company towards new heights of success. His strategic vision, combined with a deep understanding of market dynamics, positions Card Center Nigeria Limited as an industry leader poised for sustained growth.
Remarkable Growth:
In the period from June 2022 to June 2023, Chams Holding Company Plc. achieved a remarkable 157% growth in income. Cardcentre, a proud subsidiary, played a pivotal role in this success by achieving a phenomenal 1471% increase in its own revenue during the same timeframe. These figures underscore the trust that clients and partners have placed in the company. The share price also soared, marking a significant 375% increase. Even more impressively, the earnings per share witnessed a staggering growth of 1489%. These remarkable numbers signify not only strong investor confidence but also the great incremental value the company is delivering to their shareholders. Achieving these incredible financial milestones, the company maintained a steadfast focus on financial stability. The company’s debt-to-equity ratio reduced by 15%, reflecting prudent financial management. Simultaneously, the company’s total assets grew by an impressive 28%, demonstrating the strength and resilience of the company’s balance sheet.
Future Endeavors:
As Managing Director, Olalekan Latona remains resolute in his commitment to innovation and excellence. He envisions Card Center Nigeria Limited as a hub for groundbreaking financial solutions, pushing the boundaries of what’s possible in the ever-evolving fintech landscape. Under his leadership, the company is set to embark on ambitious projects, solidifying its reputation as a pioneer in the financial services sector.
Olalekan Latona’s journey from Chief Operating Officer to Managing Director is not just a personal triumph but a testament to the culture of excellence and forward-thinking that defines Card Center Nigeria Limited. As the company continues to navigate the complexities of the financial landscape, one thing is certain – under the guidance of Olalekan Latona, the best is yet to come.
