Exclusive: Biola Alabi Did NOT Resign as M-Net Africa’s Managing Director

For a few days now, reports have surfaced on social media that  Biola Alabi has resigned as M-Net Africa‘s Managing Director.

The story went viral days before the 2nd edition of the Africa Magic Viewers’ Choice Awards set to take place on Saturday 8th March 2014.

BellaNaija Movies & TV followed up on the story with representatives at the company and they immediately sent us a reply.

Read the statement sent exclusively to BN;

M-Net wishes to confirm the strategic evolution of M-Net Africa MD Biola Alabi’s role with the pan African broadcaster.

Having served in this role at M-Net Africa for five highly successful years during which time she brought her well-honed business perspective and creative insights to one of Africa’s biggest entertainment companies, she has taken on a new strategic role with the organization, that of Managing Director: Special Projects.

In this capacity her portfolio now focuses primarily on the broadcaster’s flagship productions including but not limited to the AfricaMagic Viewers’ Choice Awards, the popular reality super series Big Brother Africa and several exciting new initiatives.

Meanwhile, reflecting the broadcaster’s rapid growth in the market, M-Net has named Wangi Mba-Uzoukwu as its first Regional Director, West Africa.