Lori Appoints Ogboi CEO

Electronics logistics platform in Africa, Lori Systems has announced the appointment of a Nigerian, Uche Ogboi, as its new Chief Executive Officer. The announcement was made via a Medium Post by the company’s co-founder and outgoing CEO, Josh Sandler.

In the post titled “Welcoming Lori’s New Powerhouse CEO,” Sandler revealed that Ogboi’s appointment is a, “product of many months of reflection about what it has taken to make Lori Africa’s leading logistics software and what it’s going to take to grow Lori into a multi-billion dollar company.”

Sandler, who will be moving on to serve as Executive Chairman of Lori’s board, went on to write that Ogboi who has been the company’s Chief Operating Officer since 2019, has been a key part of Lori’s success story.

“I am confident that as CEO, she will drive Lori into a period of unprecedented innovation and growth,” he wrote.
“There’s no better person to mobilise the market opportunity and execute on our mission to lower the cost of goods in frontier markets.”

Speaking on the appointment, Mengqiu Wang, Lori Board Member and Founding Partner of Crystal Stream Capital said, “On behalf of the Board of Directors, we are delighted to announce Uche Ogboi as Lori’s incoming CEO. With Uche’s operational excellence and strong vision, we are confident she will continue to advance Lori’s commitment to sustainable growth.”