Cassava Technologies has announced the appointment of Tesh Durvasula, as the new CEO of Africa Data Centres (ADC), with effect from 7 February 2022.
He replaces Stephane Duproz who has been appointed as a Group Executive Director/SVP of Cassava Technologies. In his new role, Duproz will be working on the Group’s Corporate Development, with a focus on data centres.
In a press release,Cassava Technologies says Durvasula, will be responsible for driving growth, innovation and strategy of the company’s data centres to meet Africa’s accelerating demand for data and digital infrastructure.
Durvasula is an experienced technology and real estate industry executive with a 25-year track record of successful leadership and value generation in the digital infrastructure sector, read the statement.
He will lead the ADC team as the organisation rapidly expands its footprint of hyperscale data centres throughout Africa with a plan to add an additional ten data centres in the top ten economic centres in Africa.
Commenting on the appointment, Cassava Technologies Executive Chairman and Founder, Strive Masiyiwa said, “At Cassava Technologies our objective is to empower individuals and businesses with technology, based on our vision of a digitally connected future that leaves no African behind.”
“Through our digital infrastructure and services, we are empowering our customers to fully participate in the fast-growing digital economy in Africa. Expanding our data centres footprint and management capacity is key to our strategy,” he added.
Hardy Pemhiwa, President & CEO of Cassava Technologies said, “We are delighted to welcome Tesh into the Cassava Technologies family and look forward to leveraging on his extensive industry experience as he leads our data centres business into its next phase of rapid expansion to meet the increased demand for data centre capacity in Africa. Following the conclusion of our $300m funding with the US IDFC and the recent $90m equity investment by IFC, it was imperative that we scale up our management team”.
Prior to joining ADC, Tesh served in a variety of executive roles at CyrusOne, culminating in his appointment as the Chief Executive Officer of the company. And, before that, he served as president of Europe operations for CyrusOne, overseeing CyrusOne’s expansion into England, Ireland, France and Germany, helping grow CONE into one of the largest publicly traded REIT’s in the US.
Speaking on his appointment, Durvasula said, “The potential to grow digital infrastructure is bigger in Africa than anywhere else and this will provide a number of opportunities for economic transformation. I am extremely pleased to be joining Africa Data Centres and Cassava Technologies, especially now as Africa has become one of the fastest-growing data usage regions in the world. I feel we are well poised to make an invaluable contribution to Africa’s rapidly developing digital ecosystem,” concluded Durvasula.
Update on second paragraph 09/02/2022