Kene Mkparu, founder of the popular FilmHouse and FilmOne, has been removed as the Group Managing Director/CEO of the company.
Moses Babatope, the co-founder of the company, will now function as the interim Managing Director of FilmOne Distribution and Production, while Kene Okwuosa will function as the interim Managing Director Filmhouse Cinemas.
Okwuosa, in a statement released on Thursday said; “we are most thankful to him [Mkparu] for this and for the opportunity to have worked with him. He was and remains a true visionary, and we wish him all the very best in his future endeavours.”
He insists that contrary to reports, the company is in good health and there is no cause for alarm.