Airtel Africa appoints new CEO following Ogunsanya's retirement

Airtel Africa appoints new CEO following Ogunsanya's retirement

Airtel Africa has announced that Chief Executive Officer Olusegun Ogunsanya will retire from his position on July 1, 2024.

Ogunsanya, who joined Airtel in 2012, ran the telecommunications and mobile money company's Nigeria operations for nine years before being appointed group chief executive officer in 2021.

With local knowledge of the African landscape and extensive distribution experience, he led the company to sustained double-digit revenue growth for many quarters and delivered new and innovative products to customers across Africa.

Airtel said in a statement yesterday that Mr. Ogunsanya has been appointed as the first director of the Airtel Africa Charitable Foundation, based on his work as CEO, including the launch of the company's first sustainability strategy, and his extensive experience across Africa. He said he would become the chief.

The company explained that the philanthropic foundation will accelerate the company's commitment to sustainability and philanthropy across its African locations.

The charitable foundation's objectives will focus on promoting digital inclusion, financial inclusion, access to education and environmental protection. The Charitable Foundation will be a separate legal entity and will be independent from Airtel Africa Group.

Following his retirement from Airtel Africa plc, Mr. Ogunsanya will be available to advise the Chairman, the Airtel Africa Board of Directors and the Chief Executive Officer for a period of 12 months.

The company also announced the appointment of Sunil Taldar as Managing Director and Chief Executive Officer, replacing Mr. Ogunsanya upon his retirement.

Mr Talder, who joined Airtel Africa in October 2023 as Director of Transformation, will begin his transition to the CEO role, working alongside Mr Ogunsanya.

Following a transition period, Mr. Talder will be appointed to the Board of Directors as an Executive Director and assume the role of CEO on July 1, 2024, at which time Mr. Ogunsanya intends to resign from the Board and retire from the Company.

Sunil Bharti Mittal, Chairman of Airtel Africa Limited, said: “On behalf of the Board of Directors, I would like to express my gratitude to Mr. I would like to thank you for your valuable contribution.” Africa's largest market.

“I am delighted that Mr. Ogunsanya has agreed to take on a new role following his retirement as Chairman of the Board of the Airtel Africa Charitable Foundation, where he will be responsible for this new philanthropic initiative to foster development and prosperity across Africa. Mr. Segun is stepping down from the Board of Directors with our best wishes and a heartfelt thank you for all he has accomplished. You will have to do so.

“The Board of Directors is pleased to appoint Sunil Taldar as the Group’s next Chief Executive Officer. His industry experience, strategic vision, relentless customer focus and proven delivery track record will help us achieve our strategic objectives. It will be possible to achieve and lead the next stage of the group's development.
“In terms of the transition period, Segun continues to lead the business very effectively, as seen in our financial results. I am confident that there will be a handover of responsibility.”


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