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Eloho Omame steps down as Endeavor CEO after 3 years

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Eloho Omame, the founding managing director of Endeavor Nigeria a platform that selects, mentors, and accelerates high-impact entrepreneurs, has on Friday stepped down after three years in the position.

Omame is handing over to Tosin Faniro-Dada, who until recently, was director of Programmes and Coordination at the Lagos State Employment Trust Fund (LSETF). She, however, will transition to the Endeavor Mentor program.

Appointed in 2018, Omame kicked off a journey that will see Endeavor Nigeria, a sister company to Endeavor, the global organisation founded by Linda Rottenberg nearly 25 years ago, be involved in the entrepreneurial journey of 16 founders.

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The company started with four entrepreneurs in 2018 including Tayo Oviosu, Jay Alabraba, Etop Ikpe, and Elizabeth Rossiello. That year the company also set up the Endeavor High-Impact Entrepreneurship Limited.

“Endeavor’s commitment to high-impact entrepreneurs is the simple reason why Endeavor Nigeria is differentiated in a sea of local entrepreneur-support organizations that might seem to do similar work,” Omame wrote in a post.

Endeavor Nigeria’s network of entrepreneurs has grown to include 16 Endeavor Entrepreneurs scaling companies in and beyond Nigeria, who are part of a global community of over 2,000 Endeavor Entrepreneurs worldwide.

The mentor network now includes 30 business leaders including Yinka Edu (Partner, Udo Udoma & Belo Osagie), Stephane Timpano (Managing Partner, Bain & Company), Sean Hsu (Group President & CEO, Netcom), Yinka Sanni (CEO, StanbicIBTC Holdings), Yemi Osindero (Managing Partner, Uhuru Investment Partners), Ini Ebong and Akintunde Oyebode (Commissioner of Finance & Economic Development at Ekiti State Government).

“We ran a rigorous search process and Tosin was the overwhelming favorite. As CEO, Tosin will also take over my board seat as an executive director while I transition to the Endeavor Mentor program. She starts her new role on March 1, 2021, and I wish her every success,” Omame said.