Connect with us

BUSINESS

NCC debunks membership of Etisalat’s new board

Published

on

Etisalat Nigeria says change of name will no affect operations

The Nigerian Communications Commission (NCC) has said that it was not among the members of the new board of Etisalat.

The Director of Public Affairs, NCC, Mr Tony Ojobo said this in a statement on Saturday in Lagos.

Ojobo said that the attention of the commission had been drawn to a report by some media organisations to the effect that NCC was represented on the new Board of Etisalat.

“The commission hereby makes it clear that it is not on the Board of Etisalat.

“As the regulator of the telecommunications sector, there was a recommendation suggesting that NCC should be on the new board of the company but the commission declined.

“The NCC considered it necessary to bring this to the attention of the general public,” he said.

Etisalat Nigeria on Tuesday, July 4, confirmed the appointment of Boye Olusanya, a former Deputy Managing Director of Celtel Nigeria (now Airtel Nigeria) as its Chief Executive Officer.

The telecommunications company said that Olusanya was replacing Mr Matthew Willsher, who stepped down as the CEO on Monday, July 3.

It also said that Mrs Funke Ighodaro had been appointed as the Chief Finance Officer, to take over from Mr Olawole Obasunloye, who also resigned on July 3.

“Etisalat Nigeria today confirms that as a result of the ongoing restructuring efforts, a new board has been constituted.

“A Deputy Governor of the Central Bank, Dr Joseph Nnanna, will be the Chairman of the board, taking over from Hakeem Bello-Osagie, who resigned, as part of the agreement reached for a seamless transition.

“Other members of the board comprise of Mr Oluseyi Bickersteth, Mr Ken Igbokwe, Mr Boye Olusanya and Mrs Funke Ighodaro,” it said.

Florence Onuegbu

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. The Verge Communications (NEWSVERGE) is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

Comments
NIGERIA DECIDES

NIGERIA DECIDES

Shell Digital Plan RESPONSIVE600x750
Shell Digital Plan RESPONSIVE600x750
GTB
JoinOurWhatsAppChannel