To accomplish its strategic objectives and enter into further development stages, a leading telecommunications firm, Airtel Africa plc, has appointed Sunil Taldar as Managing Director and Chief Executive Officer.

The announcement came after the organisation stated that its Chief Executive Officer, Mr Olusegun Ogunsanya, has been retired, adding that the retirement would take effect from July 1, 2024.

Speaking on the change of guard, Chairman of Airtel Africa plc, Mr Sunil Bharti Mittal, said Ogunsanya would assume a new role as Chair of the Airtel Africa Charitable Foundation.

He added that the former CEO would deploy his visionary leadership to the philanthropic initiative to advance development across Africa

Mittal said: “On behalf of the board, I would like to thank Segun Ogansanya for his commitment and significant contribution to Airtel Africa plc as Chief Executive and before that as Managing Director and CEO of Nigeria, our largest market in Africa.

“I am pleased Segun has agreed, following his retirement, to assume the new role as Chair of the Airtel Africa Charitable Foundation, where he will bring his visionary leadership to this new philanthropic initiative to advance development and prosperity across Africa. Segun will retire from the Board with our very best wishes and sincere appreciation for everything he has achieved.

“The board is delighted to appoint Sunil Taldar as the group’s next CEO. His industry experience, strategic vision, constant customer focus and proven record of delivery will enable him to deliver our strategic objectives and to lead the group in the next stages of its development.

“In respect of the transition period, Segun continues to lead the business very effectively as seen in our financial results. Given that Sunil Taldar has already joined the group, we are confident that we will have an orderly leadership transition and handover of responsibilities.”

Also speaking, Ogunsanya said: “It has been a priviledge to spend over 12 years of my career at Airtel Africa and I am proud of what we have delivered for customers across Africa. We continue to transform lives. Now is the right time for me to hand over to a new leader who can build on Airtel Africa’s strengths and deliver on the significant opportunities ahead as I pursue my renewed interest in the empowerment of Africans through digital and financial inclusion in a different capacity beyond the boundaries of for-profit organizations. This has been my ambition after a successful career spanning over 35 years in banking, FMCG and telecommunications.”

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TECHDIGEST – Airtel Africa has joined the mobile banking fray as it announced the start of business for its Nigerian payment service bank unit SmartCash PSB.

Airtel Africa revealed in a stock market statement that subsidiary SmartCash Payment Service Bank has started providing services through selected retail outlets with plans to expand across Nigeria in the coming months.

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Payment Service Banks (PSBs) are licensed by the Central Bank of Nigeria (CBN) to among other mobile banking services, accept deposits and allow their customers to also operate savings accounts. PSBs’ customers include individuals and small businesses. PSBs are also allowed to facilitate cross border remittances using all the channels available within Nigeria.

“This is the beginning of our journey to revolutionise the financial services landscape in the country. The millions of Nigerians who do not currently have access to financial services by delivering current and savings accounts, payment and remittance services, debit and prepayment cards and more sophisticated services,” said Airtel Africa CEO Segun Ogunsanya.

The post Airtel Africa Launches Mobile Banking In Nigeria appeared first on Tech Digest News.