News - February 23, 2022

SystemSpecs unveils two new subsidiaries to mark its 30th anniversary

Appoints Ernest Ndukwe nnounces New Companies, Ndukwe unveiled as Chairman

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PICTURE CAPTION
L-R: Chief Financial Officer, SystemSpecs Group, Bukola Adeboye; Managing Director, SystemSpecs Technology Services Limited, Demola Igbalajobi; Group Managing Director, SystemSpecs Group, John Obaro; Managing Director, Remita Payment Services Limited, DeRemi Atanda, and Group Head, Human Resource, SystemSpecs Group, Eniye Alile

SystemSpecs, Africa’s software and financial technology firm, on Tuesday unveiled two new subsidiaries as part of events to mark its 30th anniversary celebrations.

The new subsidiaries, which are markers of its expansion in its operations and progress, SystemSpecs Technology Services Limited (STSL) and Remita Payment Services Limited (RPSL).
With the establishment of the two new subsidiaries, the firm would now be operating as three distinct entities: a holding company, SystemSpecs Holdings Limited and two subsidiaries – Remita Payment Services Limited (RPSL).

RPSL will focus on payments and affiliated services, while SystemSpecs Technology Services Limited (STSL) will focus on the provision of a wide array of technology solutions and services.

The company has appointed Demola Igbalajobi as the Managing Director of SystemSpecs Technology Services Limited, while ‘Deremi Atanda has been appointed the Managing Director of Remita Payment Services Limited.

As part of the milestone celebration, SystemSpecs unveiled a series of year-long initiatives, including the 30th Founders’ Day commemoration, the SystemSpecs Graduate Internship Programme, awareness health walk, anniversary gala, a special Children’s Day essay competition, and a summer coding boot camp

These disclosures were made at a recent event to flag off the company’s 30th year of serving individuals, organisations and governments in Nigeria and other parts of Africa.

The Group Managing Director, SystemSpecs, John Obaro, said the expansion was in alignment with the organisation’s vision of deepening its capacity to meet the technology needs of a broader market.

“We are glad about how much we have been able to contribute to the transformation of the financial and human capital technology ecosystems in Africa, especially with Remita, our integrated payment and collections solution; HumanManager, our comprehensive payroll and HR management solution; and Paylink, our ecommerce platform.

“In these thirty years, we have created solutions that have impacted lives and put Nigeria on the global technology map. We have raised a new generation of Nigerian software talents and empowered private and public sector organisations of all sizes to effectively manage their people, finances, payments and collections.”

He expressed gratitude to every stakeholder that helped the firm in its journey so far, especially its employees and customers.

After 30 years of operating from Lagos and Abuja Nigeria, SystemSpecs has been repositioned to extend its reach further on the African continent and beyond, by introducing new solutions, and expanding the scope of the operations of the group.

Meanwhile, the company has announced the appointment of Ernest Ndukwe, former Executive Vice Chairman of Nigerian Communications Commission and Chairman of MTN Nigeria, as Chairman of its Board of Directors.
Ndukwe takes over from Nigeria’s former Ambassador to the United Kingdom, Christopher Kolade, who retired after 15 years of leading the company through exceptional growth.

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