JUST IN: Etisalat Nigeria Chairman, Hakeem Belo-Osagie Resigns Following Take-over By Banks

Date: 30-06-2017 8:06 pm (6 years ago) | Author: kacy lee
- at 30-06-2017 08:06 PM (6 years ago)
(f)

The chairman of Etisalat Nigeria, Hakeem Belo-Osagie, has resigned his appointment after the restructuring of the telecommunication company.
 
The resignation is effective immediately.
 
According to TheCable, Belo-Osagie had planned to leave immediately the banks made the take-over move, but he opted to tarry until a road map for the company was finalised.
 
A statement from the communications company read;
 
“The timing of the resignation was strategically delayed till now when stakeholders have agreed a plan and comes more than a week after Mubadala Development Company directors tendered their resignation.

“The development also reflects Belo-Osagie’s deep commitment to protecting the interest of all stakeholders.”
 
It is now expected that Etisalat Nigeria under its new shareholding structure will navigate through its current loan repayment challenge with minimum impact.
 
Over the last several months, Belo-Osagie worked extensively with critical stakeholders to prepare clearly articulated strategies and robust road maps that will mitigate the impact of the new shareholding restructuring and realignment on the operations and management of the fourth largest telecoms player in Nigeria.
 
With this development, the new board will assume control of Etisalat.


Posted: at 30-06-2017 08:06 PM (6 years ago) | Addicted Hero
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Posted: at 30-06-2017 09:18 PM (6 years ago) | Newbie
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- SOGaiya at 30-06-2017 09:34 PM (6 years ago)
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high call rate or data wil neutralize
Posted: at 30-06-2017 09:34 PM (6 years ago) | Gistmaniac
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- osayan1 at 30-06-2017 10:13 PM (6 years ago)
(m)
which one they dey,na company wrap up or down
Posted: at 30-06-2017 10:13 PM (6 years ago) | Gistmaniac
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- benosky4 at 30-06-2017 11:06 PM (6 years ago)
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TWIMC.

Posted: at 30-06-2017 11:06 PM (6 years ago) | Gistmaniac
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- 1marviz at 1-07-2017 07:26 AM (6 years ago)
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Eya,I pray GOD help my dear etisalat o
Posted: at 1-07-2017 07:26 AM (6 years ago) | Gistmaniac
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- morgan1 at 1-07-2017 03:50 PM (6 years ago)
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 Roll Eyes
Posted: at 1-07-2017 03:50 PM (6 years ago) | Hero
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- schmit at 1-07-2017 05:52 PM (6 years ago)
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Noted
Posted: at 1-07-2017 05:52 PM (6 years ago) | Hero
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