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Posted by web_medicus - 07-04-2017, 04:38 PM
The highly embattled telecommunications company, Etisalat, has gotten a new chairman and management following its chairman’s resignation.

Etisalat is the Nigeria’s fourth largest mobile company, however, the company chairman resigned last week due to the inability of the telecommunication company to service the loan acquired and this sees the takeover of the company by banks. 

The telecommunication company however to ensure continuity in its operation announced the new management in a statement by its spokesperson.

The teleco newly appointed chairman of the telecommunication company is Joseph Nnanna. The other new board members are Oluseyi Bickersteth, Ken Igbokwe, Boye Olusanya and Funke Ighodaro.

Read the full statement by the spokesperson below.

Quote:Etisalat Nigeria today confirms that as a result of the on-going restructuring efforts, a new board has been constituted. It comprises of Dr. Joseph Nnanna – Chairman, Mr. Oluseyi Bickersteth, Mr Ken Igbokwe, Mr. Boye Olusanya and Mrs Funke Ighodaro.
The spokesperson continued that 
Quote:Mr. Boye Olusanya has been confirmed as Chief Executive Officer, to replace Mr. Matthew Willsher, while Mrs. Funke Ighodaro takes over from Mr. Olawole Obasunloye as Chief Finance Officer . 
He however revealed that
Quote:Consortium of Lenders, working with the regulators NCC and the Central Bank of Nigeria are committed to the on-going efforts to restructure the company towards a path of long term success of the business and the appointment of a seasoned board of directors and top management is a testament to this.
Quote:The decisions reached so far reflect the high confidence all the stakeholders have in the continued viability and sustainability of the business. The smooth transition is also proof of management’s commitment to ensure that the operations of the company run seamlessly, and customers continue to enjoy superior network quality and positive customer experience. Etisalat Nigeria remains committed to continuously serving our subscribers, through the provision of innovative products and services with its committed staff, partners and vendors to empower the needs of our customers and improve their experience on the network.
He concluded that "We thank all our customers for your loyalty, understanding and continued patronage."