Nigeria’s first 4G/LTE-Advanced network has announced the appointment of Abhulime Ehiagwina , the company’s former Chief Financial Officer as the Acting Chief executive Officer. The appointment follows the resignation of its pioneer Managing Director/Chief Executive Officer, Kamar Abass, who has stepped down due to what the company described as ‘urgent personal and medical considerations’ .
In a statement signed by Osondu C. Nwokoro, Director, External Affairs, the company said the NatCom board named Abhulime Ehiagwina as Acting CEO and is embarking on the search for a substantive CEO in due course.
No details were provided concerning the the ‘urgent personal’ consideration and state of health of Abass and whether these could have warranted his resignation.
Kamar Abass joined the Board of Directors of NatCom in 2015 as the CEO of ntel and led the company through launch on April 8, 2016 with operations in Lagos and Abuja and then subsequently in Port Harcourt by December 2016.
Abhulime Ehiagwina, has a BSc Accounting degree from the Obafemi Awolowo University, an MBA from the University of Lagos and an Advanced Management & Leadership Programme (AMP) certificate from the Said Business School, Oxford University, UK.
Before joining ntel as CFO, Abhulime was CFO & a Board member of Helios Towers Nigeria, where he oversaw the Finance and IT functions. He helped grow the Company EBITDA by over 300 per cent in 3 years and raised a $250m Eurobond, first non-bank or Oil/Gas Company out of Nigeria. He also sat on the board of Interswitch as a non-Executive Director during this period. He has over 25 years financial management experience.
The company assures its stakeholders that it remains committed to existing obligations and will honour same, adding the leadership transition will be smooth and orderly with no impact on its operations.