The chairman DAAR Communications Plc, Aleogho Raymond Dokpesi has served notice to step down as chairman of the media conglomerates board of directors.
Dokpesi made his intention known this Thursday at the sixty-fifth meeting of the board of directors of the media outfit in Abuja.
20 years of service in the media industry saw the creation of Raypower FM, African Independent Television, Faaji FM, DAARSAT and other media outfits, the media mogul has decided to call it quit as the chairman of the media group.
He said, “Please permit me to thank the entire members of the board of directors of DAAR Communications, the entire staff, viewers and listeners of all the DAAR communications stable, whether it is Raypower, AIT, DAARSAT, Faaji FM and all the SBUs that were created during my tenure.
“I am going to be involved in the politics of the country and therefore I thought that AIT, Raypower should be independent and people should not mistake my political aspiration or participation to mean the position of this organization.”
However the board of directors are reluctant to let him go completely as his wealth of experience and indepth knowledge of the media industry are invaluable assets to the company.
Shedrack Akolokwu, spokesperson DAAR, Board of Directors, said, “This wonderful chairman, who took this initiative many years back should not just be allowed to disengage from the services of the company but that he should be honoured in a special way by according him a special status as Chairman Emeritus of this company in which capacity he shall not be entitled to any remunerations.”
Shareholders of DAAR Communications will on Friday be informed at the Annual General Meeting of the chairman’s notice to retire.
The board as in the interim approved the appointment of Raymond Paul Dokpesi Jnr as the new chairman of the board of directors subject to ratification at the Annual General Meeting.