Jumia Kenya, e-commerce firm, has appointed a new chief executive officer Juan Seco as Betty Mwangi’s exits after serving the position for less than a year, having held the role from November 2021.
Mr Seco has been an insider since 2015 whereby he first held the role of chief financial officer, before forming part of the founding team of JumiaPay as the chief operating officer in 2017. He was responsible for all financial aspects and reporting of Jumia’s ventures in the country, including Jumia, Jumia Travel (Jovago), Jumia Food (Hellofood), Jumia House (Lamudi), Jumia Services and Jumia Deals.
He was then promoted in 2019 to senior vice president of consumer financial services leading fintech initiatives and the JumiaPay App, now available in Nigeria, Egypt, Morocco, Ivory Coast, Ghana, Kenya, Tunisia and Uganda. His roles at JumiaPay included strategic initiatives related to consumers including P2P (procure-to-pay, or purchase-to-pay) solutions, Buy Now Pay Later, as well as virtual and physical cards.
Prior to Jumia, the new chief executive spent his career at PwC and KPMG working in audit department and then transaction services, where he was a director in New York providing financial due diligence services and M&A advisory for corporates and private equity funds.
With a Bachelor of Commerce from McGill University where he majored in Finance and International Business, he certainly has the required qualities to take the e-commerce firm to the next level.
