Telecoms company, ntel, has announced the departure of its pioneer Managing Director/Chief Executive Officer, Kamar Abass.
In a statement signed by Director, External Affairs, Osondu Nwokoro, the company said “Mr. Abass has stepped down from his role as CEO due to urgent personal and medical considerations. The NatCom board has named Abhulime Ehiagwina as Acting CEO and the company will embark on the search for a substantive CEO in due course.”
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.
The University of Lagos civil engineering graduate led ntel to record a string of firsts.
Ehiagwina holds 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.
Prior to joining ntel as chief financial officer (CFO), Abhulime was CFO and board member of Helios Towers Nigeria where he oversaw the finance and IT functions.
He helped grow the Company EBITDA by over 300% in three 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 has assured all stakeholders that it remains committed to existing obligations and will honour same.
It has also clarified that the leadership transition will be smooth and orderly in accordance with no impact on its operations
