Kiakia Appoints Chiemeziem Anyadike as New CEO, as Olajide Abiola Steps Aside

Under his visionary leadership, Kiakia onboarded more than 300,000 users and facilitated over 13 billion Naira in loan transactions for small business owners through its innovative peer-to-peer lending program.

In a heartfelt announcement, Olajide Abiola, the Chief Executive Officer of Kiakia, a prominent peer-to-peer lending platform has shared his decision to step down after an illustrious tenure of nearly eight years.

Olajide’s increased focus on new ventures in manufacturing, retail, and real estate and hospitality led to a reduced involvement in Kiakia’s day-to-day operations, prompting him to pass on the leadership responsibilities to a new generation of executives who will propel the company to greater heights.

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Under his visionary leadership, Kiakia onboarded more than 300,000 users and facilitated over 13 billion Naira in loan transactions for small business owners through its innovative peer-to-peer lending program.

Remarkably, the company maintained a perfect track record, ensuring that not a single lender incurred losses—a testament to Kiakia’s unwavering commitment to delivering reliable financial solutions to its users.

He expressed immense pride in the accomplishments achieved alongside his co-founders, Chiemeziem Anyadike and Ime Udoh, in building Kiakia into a formidable institution that empowers Micro, Small, and Medium Enterprises (MSMEs) with access to credit and opportunities for exponential growth.

Effective immediately, Chiemeziem Anyadike, the co-founder, will assume the role of CEO, entrusted with steering Kiakia towards continued success. The departing CEO expressed full confidence in Chiemeziem’s ability to lead the company with the same passion, vision, and values that have been central to Kiakia’s journey.

Accompanying the new CEO is Mikhail Adeniyi, who will take on the responsibilities of Chief Operating Officer (COO). Mikhail’s remarkable dedication and commitment to Kiakia’s mission and values made him the ideal candidate for this crucial role.

While relinquishing the CEO position, he will continue to serve on the board, offering ongoing support to the company in any way possible.

However, his primary focus will now be on pursuing new projects and ventures in the fields of manufacturing, retail, real estate and hospitality. Exciting projects are already in the pipeline, and the he expressed enthusiasm about overseeing their development.

Olajide extended his heartfelt gratitude to all the staff at Kiakia for their unwavering dedication and hard work, recognizing their instrumental role in the company’s achievements.\

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He expressed unwavering confidence in the new leadership duo of Chiemeziem and Mikhail, believing that Kiakia will thrive and continue its upward trajectory.

He expressed profound excitement for the future of Kiakia, confident that together they will accomplish even greater successes in the years ahead.

Kiakia is a pioneering peer-to-peer lending platform dedicated to providing reliable financial solutions and access to credit for Micro, Small, and Medium Enterprises (MSMEs) in Nigeria. With a track record of facilitating billions of Naira in loan transactions, Kiakia continues to empower businesses with the necessary resources for growth and success.