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.”

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

Continue Reading
Comments

Appointments

Wema Bank Plc. Appoints Dr. (Mrs.) Oluwayemisi Olorunshola as Board Chairman

Wema Bank has appointed Dr. (Mrs.) Oluwayemisi Olorunshola as its board’s Chairman as Mr. Babatunde Kasali, the current Board Chairman, prepares for retirement in compliance with the Bank’s Articles of Association.

Published

on

Wema Bank- Investorsking

Wema Bank has appointed Dr. (Mrs.) Oluwayemisi Olorunshola as its board’s Chairman as Mr. Babatunde Kasali, the current Board Chairman, prepares for retirement in compliance with the Bank’s Articles of Association.

Johnson Lebile, Company Secretary/General Counsel, Wema Bank disclosed this in a statement obtained by Investors King on the Nigerian Exchange Group.

Background of Dr. (Mrs.) Oluwayemisi Olorunshola

Dr. (Mrs) Oluwayemisi Olorunshola joined the Bank as a Non-Executive Director in year 2022 and until her new appointment, was the Chairman, of the Board’s Nomination and Governance Committee.

Prior to her joining the Bank, Dr. (Mrs) Olorunshola had worked with Unilever Nigeria Plc for fifteen (15) years with experience spanning across supply chain, business re-engineering and process management. She has over ten (10) years of boardroom experience and business management.

She possesses a B.Sc. degree in Education & Economics from the prestigious Obafemi Awolowo University, Ile Ife, a Master of Business Administration degree from University of Liverpool, UK, and a Doctorate degree in Business Administration from Walden University, USA.

She is a well trained professional in various aspects of business management and corporate governance practices from various training facilities such as Four Acres Training Facility, Unilever UK, FITC, Leishton Academy, H Pierson, and her work experience spans every aspect of supply chain including Business & Production Planning, Procurement, Distribution, Import & Export, and Logistics Services.

She is a lover of education. Her widely read publication on small business sustainability strategies published in the Journal of Functional Education (JFEAcademia), Proquest.com, and Academia.edu, has been referenced by many scholars.

Dr. Olorunshola is a Director and a fellow of the International Institute for African Scholars, Fellow, Institute of Management Consultants, Member, Institute of Directors, and a chartered member of the Nigerian Chartered Institute of Personnel Management. An ardent believer in community development and in pursuant of this interest, she is a volunteer in many civic activities where she has contributed greatly to the development of her community and other areas of influence.

Continue Reading

Appointments

Lafarge Africa Plc Appoints Rajesh Surana as Non-Executive Director Following Resignation of Grant Earnshaw

Published

on

Lafarge Africa - Investors King

Lafarge Africa Plc, one of Nigeria’s leading cement manufacturing companies, has announced the resignation of Mr. Grant Earnshaw from the company’s Board of Directors.

The resignation of Mr. Earnshaw, who served as a Non-Executive Director of the company, took effect from 6th April 2023.

In a statement released by the company, Lafarge Africa Plc expressed its appreciation for Mr. Earnshaw’s immense contributions to the growth of the company and wished him well in his future endeavors.

The company also announced the appointment of Mr. Rajesh Surana as a Non-Executive Director, effective from 27th April 2023. Mr. Surana, a well-known entrepreneurial “P&L” leader in the industry, is a Chartered Accountant and Chartered Company Secretary with over 20 years of experience in leading multinationals across several countries and continents.

According to the company’s statement, Mr. Surana’s strategic vision in problem-solving has led to multiple successful mergers and acquisitions, turnarounds, and startups.

He holds a Bachelor of Commerce from the Shri Ram College of Commerce, Delhi University; an FCA, Accounting from the Institute of Chartered Accountants of India, and FCS, Corporate Laws & Secretarial from the Institute of Company Secretaries of India.

Mr. Surana joined Holcim Group in 2005 as Head of Finance and Company Secretary and has served in various capacities, including Chief Executive Officer and Country Representative across Asia and Africa. He is currently the Area Manager East & South Africa in Holcim.

In addition to his extensive professional experience, Mr. Surana has served as a Board member of the International Chamber of Commerce & Industry, French Bangladesh Chamber of Commerce, American International School, Dhaka, and Overseas School of Colombo.

He is also a member of The European Business Climate Dialogue and a Founding Member & President of Dhaka Indian CEOs Group.

Lafarge Africa Plc’s appointment of Mr. Surana as a Non-Executive Director is expected to strengthen the company’s Board and bring his wealth of experience to bear in advancing the company’s strategic goals.

Continue Reading

Appointments

TotalEnergies Marketing Nigeria Plc Appoints Bunmi Popoola-Mordi as Executive Director

Published

on

Totalenergies

TotalEnergies Marketing Nigeria Plc has recently announced the appointment of Mrs. Bunmi Popoola-Mordi to its Board as an Executive Director, effective from 1st April, 2023.

The decision was approved by the company’s Board of Directors and has been notified to the Nigerian Exchange Limited and the investing public.

Bunmi Popoola-Mordi, a law graduate and member of the Nigerian Bar Association, has an impressive track record spanning various fields such as legal practice, banking, human resources management, industrial relations, communication, corporate governance, investor relations, public relations, amongst others. She has several post-graduate degrees in law and an MBA in oil and gas management.

Mrs. Bunmi Popoola-Mordi has been associated with TotalEnergies Marketing Nigeria Plc since 2011 when she joined the company as Legal Affairs Manager/Company Secretary. In 2015, she was promoted to General Manager Human Resources & Corporate Services/Company Secretary, and in 2019, she was appointed Executive General Manager Total Country Services.

With her appointment as Executive Director Human Resources & Corporate Services, she will bring her extensive experience and expertise to drive the company’s operations to greater heights. The appointment is expected to enhance the company’s corporate governance structure and boost its investor relations and public relations efforts.

In a statement signed by Mr. Jean-Philippe Torres, Chairman of TotalEnergies Marketing Nigeria Plc, he expressed confidence in Bunmi Popoola-Mordi’s ability to deliver on her new role, stating that “her wealth of experience and knowledge of the company’s operations make her a valuable addition to our team.”

The appointment of Bunmi Popoola-Mordi is a testament to TotalEnergies Marketing Nigeria Plc’s commitment to promoting diversity and inclusion in its workforce and creating opportunities for career advancement for its employees.

Continue Reading
Advertisement
Advertisement




Advertisement
Advertisement
Advertisement

Trending