The chairman of Daar Communications Plc, owners of Raypower and African Independent Television, AIT, DAAR Sat and Faaji FM, Chief Raymond Dokpesi has left for his son, Chief Paul Dokpesi Jnr.
The transition was announced at the end ofthe company’s 5th Annual General Meeting, held in Abuja on Friday where the shareholders ratified Chief Dokpesi’s decision to step down, and the appointment of his son, as the new chairman of the company.
"Please permit me to thank the entire members of the board of directors of DAAR communications, the entire staff, viewers and listener of all the DAAR communications stable, whether it's Ray power, AIT, DAARSAT, Faaji FM and all the SBUS that were created during my tenure". He said.
"I am going to be involved in politics of the country and therefore I thought that AIT, Ray power, should be independent and people should not mistake my political aspirations or participation to mean the position of this organisation."
DAAR Communications Plc is one of Africa's leading media and entertainment companies in the development, production, and marketing of entertainment news, and information to a global audience, debut in 1994 when Dokpesi floated the Nigeria's first private radio station, Raypower 100.5FM. His 20 years in the industry saw additional media outfits that spread across the nations.
The junior Dokpesi was before his appointment, one of the executive directors of Daar Communications.
He is a graduate of Business Management of the Kings College London and also obtained Bachelor of Science in Business Administration from the University of Lagos and a Master Degree from the University of Westminster.