Olamide Olowe Steps Down as Topicals CEO, Chancy Takes Over

Olamide Olowe has officially stepped down as the Chief Executive Officer (CEO) of Topicals, the skincare brand she founded in 2020, which focuses on products for chronic skin conditions. Sukiana Chancy, a former senior executive at Fenty Beauty, has taken over the CEO role.

Although Olowe is no longer the CEO, she will continue to work closely on the brand's daily operations, emphasizing storytelling, community engagement, and the company's long-term vision. Olowe explained her decision to bring in Chancy, citing the need for someone with more global operating experience as Topicals aims to scale internationally.

Chancy's first major task will be to lead the brand's expansion into the Middle East, Europe, and additional African countries, including Nigeria, where Topicals already has a presence through Beauty Hut. Since its launch, Topicals has raised over $22 million from investors and has become a standout brand among Gen Z shoppers at Sephora.