Telecommunications firm Airtel Africa, has appointed Olusegun Ogunsanya as the new Managing Director and CEO for its Africa business. This follows the retirement announcement by outgoing CEO Raghunath Mandava.
Ogunsanya joined Airtel Africa in 2012 as Managing Director and CEO for Nigeria and has been responsible for the overall management of the telco’s largest market in Africa.
According to a company statement, Ogunsanya will also join the Board of Airtel Africa with effect from October 1, 2021.
Commenting on his appointment, 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. This is an exciting opportunity to position Airtel Africa for further success in a dynamic continent full of potential.”
Sunil Bharti Mittal, Chairman of Airtel 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.”
“On behalf of the Board, I would like to thank Raghu Mandava for being instrumental in successfully leading and transforming Airtel Africa into powerhouse telecommunications and mobile money company. 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,” Mittal added.
Outgoing CEO Raghu Mandava said, “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 do a turnaround and transform the business into strong high growth and profitable company.”