Connect with us

Appointments

Segun Ogunsanya Appoints as MD/CEO of Airtel Africa as Raghunath Mandava Retires

Published

on

Segun Ogunsanya - Investors King

Airtel Africa has appointed Olusegun Ogunsanya, the Managing Director and Chief Executive Officer (CEO) Nigeria as the telecommunications’ Managing Director and Chief Executive Officer following Raghu Mandava’s informing the Board of his intention to retire.

In a statement signed by Simon O’Hara, Group Company Secretary, Ogunsanya will join the Board of Airtel Africa plc with effect from 1 October 2021.

Segun Ogunsanya joined Airtel Africa in 2012 as Managing Director and CEO Nigeria and has been responsible for the overall management of our operations in Nigeria, our largest market in Africa.

Segun has more than 25 years’ business management experience in banking, consumer goods and telecoms. Before joining Airtel in 2012, Segun held leadership roles at Coca-Cola in Ghana, Nigeria, and Kenya (as MD and CEO). He has also been the Managing Director of Nigerian Bottling Company Ltd (Coca-Cola Hellenic owned) and Group head of retail banking operations at Ecobank Transnational Inc, covering 28 countries in Africa. He is an electronics engineer and also a chartered accountant.

Raghu Mandava will be retiring as Managing Director and Chief Executive Officer, as a Director of Airtel Africa plc and as a member of the Market Disclosure Committee on 30 September 2021. Arrangements have been made to ensure a smooth transition of responsibilities. Following his cessation of employment at Airtel Africa, Mr. Mandava will be available to advise the Chairman, the Airtel Africa Board and the Managing Director and Chief Executive Officer for a 9-month period.

Speaking on the announcement, Segun Ogunsanya said: “Having been part of the Airtel Africa journey for the past nine years, I am looking forward to taking up the role of Chief Executive Officer. On a personal note, as an African, I feel honoured to have the opportunity to lead a Group that continues to make a difference to millions of people, bridge the digital divide and expand financial inclusion. This is an exciting opportunity to position Airtel Africa for
further success in a dynamic continent full of potential. I look forward to building on the achievements of the last five years during Raghu’s leadership.”

Raghu Mandava said: “I am thankful to Airtel Africa for providing me and my team the opportunity to transform the business and fulfil our responsibility to the countries in which we operate. It has been a privilege to serve in the African continent and I cherish my time here. Airtel Africa is a remarkable business with fantastic people. Having been at Bharti Airtel for 13 years and at Airtel Africa for 5 years as Chief
Executive Officer, I feel now is the right time to take a sabbatical.

“The last five years have been an exhilarating journey where we have been able to turnaround and transform the business into a strong high growth and profitable company.”

“We have been able to build the business with our unique management and problem solving approach to bring in substantial performance improvement. I am very proud of what we have achieved over the past 5 years in Africa, and I look forward to seeing the Company make even greater progress over the coming years.”

Sunil Bharti Mittal, Chairman, Airtel Africa said: “We are delighted to appoint Segun Ogunsanya as the Group’s next Chief Executive Officer. He has displayed significant drive and energy in turning around the Nigeria business by focusing on network modernisation, distribution, and operational efficiency. It is this commitment, together with his industry experience, strategic vision, constant customer focus and proven record of delivery that will enable him to continue to deliver our strategic objectives and to lead the Group in the next stages of its development.”

“On behalf of the Board I would like to thank Raghu Mandava for being instrumental in successfully leading and transforming Airtel Africa into a powerhouse telecommunications and mobile money company. Throughout that time, Raghu has worked tirelessly first to repair and then to strengthen Airtel Africa’s business and to champion our stakeholders. As we look forward to Segun assuming his new role in October 2021, we do so from a position of great strength as a result of Raghu’s highly effective stewardship. Raghu will retire from the Board with our very best wishes and sincere appreciation for everything he has achieved.”

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

Appointments

The Canada-Africa Chamber of Business Welcomes Nicolas Pompigne-Mognard to its Senior Advisory Board

Published

on

Nicolas Pompigne-Mognard - Investors King

The Canada-Africa Chamber of Business is delighted to announce Mr. Nicolas Pompigne-Mognard’s ascendancy to the organization’s Senior Advisory Board, after unanimous approval of the by Board of Directors.

The Canada-Africa Chamber of Business is an independent, not-for-profit organization with strong working links with both Canadian and African businesses and governments, who are among its members. Leading CEOs and Heads of State – alongside investors, entrepreneurs and policy-makers – are among the hundreds of speakers and tens of thousands of delegates to in-person and virtual events.

“We are immensely honoured to welcome a leading global media icon – and a son of Africa – to our senior board, as we drive a new chapter in Canada-Africa trade and investment,” says the Chairman of the Canada-Africa Chamber of Business, Mr. Sebastian Spio-Garbrah, speaking from the Chamber’s Ottawa offices.

“Our existing work with APO Group has seen millions of dollars in media exposure across the continent. We believe Mr. Pompigne-Mognard and APO Group will be key to our next phase of dramatic growth as a 27-year-old institution committed to Canada-Africa trade and investment”.

Nicolas Pompigne-Mognard founded APO with savings of €10,000, as start-up capital. The objective was to provide international and African media access to reliable news about the continent’s economy, businesses, and investment.

Today APO Group has helped communicators relay compelling, uniquely African stories to audiences, enabling a change in the African narrative to a more positive tone.

The Canada-Africa Chamber of Business began work with APO Group this year, following major engagements in Canada and Africa, including with Prime Minister Trudeau, the African Continental Free Trade Agreement leadership, as well as African Heads of State and Cabinet Ministers.

“Mr. Pompigne-Mognard will no doubt play an important and strategy role in Canada-Africa trade and investment in the context of our mandate to accelerate the commercial ties between this great G7 nation and our incredible continent, Africa” added Mr. Sebastian Spio-Garbrah, in his remarks from Ottawa.

Continue Reading

Appointments

Nigerian Breweries Picks Hans Essaadi to Replace Borrut Bel as MD/CEO

Published

on

Hans Essaadi - Investors King

Nigerian Breweries, the largest brewing company in Nigeria, has appointed Mr. Hans Essaadi as the Managing Director and Chief Executive Officer (CEO) effective 31st, July 2021.

Mr. Essaadi will replace Mr. Jordi Borrut Bel, the current Managing Director and Chief Executive Officer of Nigerian Breweries who will be completing his tenure on the 30th of July, 2021.

Mr. Borrut Bel is expected to take up another assignment within the Heineken Group, hence why the Board accepted his letter of resignation.

Mr. Hans Essaadi Profile

Mr. Essaadi, is currently the Managing Director of Al Haram Beverages, the HEINEKEN Operating Company (“OpCo”) in Egypt and joined the HEINEKEN Group as a Sales Representative in 1991.

He subsequently took up increasingly senior roles within the Group in Sales, Export and Marketing. He commenced his international career with HEINEKEN Puerto Rico as the Country Manager, and thereafter became the General Manager, Brau Union International, the HEINEKEN OpCo in Austria.

Before his current role in Egypt, he was General Manager, Siroco (the HEINEKEN Joint Venture with the Emirates in Dubai) and Managing Director, HEINEKEN Malaysia Berhad, a listed company in Malaysia.

The Board is pleased to have a person of Mr. Essaadi’s experience and knowledge to take up the position of Managing Director/CEO of the Company and to continue the turnaround work started by Mr. Borrut Bel.

Continue Reading

Appointments

Ardova Appoints Mr. Oladeinde Nelson-Cole as Company Secretary/General Counsel

Published

on

Olumide Adeosun Ardova - Investors King

Ardova Plc, an indigenous energy group, headquartered in Lagos, Nigeria, with extended operations in Ghana, has confirmed the appointment of Mr. Oladeinde Nelson-Cole as Company Secretary/General Counsel with effect from 1 April 2021.

This was disclosed in a letter signed by Olumide Adeosun, Chief Executive Officer, Ardova Plc.

Mr. Nelson-Cole is a lawyer with over 14 years of experience spanning Company Secretarial, Corporate Compliance and General Legal Practice. He is a graduate of the Lagos State University.

Prior to joining Ardova Plc, Mr. Nelson-Cole was a Senior Associate in the law firm of RouQ and Co.

As the Company Secretary/General Counsel, Mr. Nelson-Cole will continue to guide the Board of the Company in ensuring strict compliance with regulatory and statutory requirements.

Continue Reading

Trending