The chairman of Etisalat Nigeria, Hakeem Bello-Osagie, has resigned his appointment.
Osagie’s resignation is coming after the restructuring of the telecommunication company.
A statement issued by Etisalat says Mr. Osagie had planned to leave immediately the banks made the take-over move, but opted to tarry until a road map for the company was finalised.
“The timing of the resignation was strategically delayed till now when stakeholders have agreed a plan and comes more than a week after Mubadala Development Company directors tendered their resignation.
“The development also reflects Bello-Osagie’s deep commitment to protecting the interest of all stakeholders,” the statement added.
The resignation is to take effect immediately.
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