Monday, July 9, 2012

Rufai
Ladipo Bows Out from STB McCann The STB-McCann group, one the nation’s advertising group of companies, chairman by Sir Steve Omojafor is currently facing one of the most challenging times in the group’s two decades of operations in the industry. Information has revealed that Rufai Ladipo, the Managing Director, STB McCann, has resigned his appointment. Investigation also revealed that Ladipo’s resignation must have resulted from the company’s recent loss of many accounts, the situation which now put him in the bad book of Omojafor, the company’s chairman. Insider claimed the Chairman requested Ladipo to resign his appointment as managing Director due to his recent attitude towards work. Sources disclosed that the latest development is traceable to Ladipo’s possible distraction from being the President of Association of Advertising Agencies of Nigeria (AAAN), a post he chose not to be re-elected into in the last election of the association. It was gathered that he chose not to re-contest for the post of AAAN president in his bid to concentrate on the agency, STB McCann only for him to be serve a letter by the management to resign from the agency honorably. It would be recalled that STB-McCann used to be a frontline agency which had been the cash-cow of the group, but recently, it has become a drain pipe, losing most of its businesses. After the retirement of Sir Omojafor from the day-to-day management of the company as the MD/CEO, the firm’s fortune was said to have started waning. The agency lost its best paying clients – Coca-Cola, Unilever, Nestle and Swift Nsetwork among others recently.

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