Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, announces Olusegun “Segun” Ogunsanya as Managing Director and CEO of Airtel Africa.
Segun Ogunsanya will succeed Raghunath Mandava, as Managing Director and Chief Executive Officer following Raghu Mandava informing the Board of his intention to retire. Segun Ogunsanya will join the Board of Airtel Africa with effect from 1 October 2021.
Segun Ogunsanya joined Airtel Africa in 2012 as Managing Director and CEO Nigeria and has been responsible for the overall management of operations in Nigeria, our largest market in Africa. Segun has more than 25 years’ business management experience in banking, consumer goods and telecoms.
Before joining Airtel in 2012, Segun held leadership roles at Coca-Cola in Ghana, Nigeria, and Kenya (as MD and CEO). He has also been the Managing Director of Nigerian Bottling Company Ltd. (Coca-Cola Hellenic owned) and Group head of retail banking operations at Ecobank Transnational covering 28 countries in Africa. He is an electronics engineer and also a chartered accountant.
In another development, Jaideep Paul, Chief Financial Officer, has been appointed as an Executive Director and will join the Board of Airtel Africa with effect from 1 June 2021. An announcement naming Segun Ogunsanya’s successor as Managing Director and CEO Nigeria will be made soon.
Sunil Bharti Mittal, Chairman said, “We are delighted to appoint Segun Ogunsanya as the Group’s next Chief Executive Officer. He has displayed significant drive and energy in turning around the Nigeria business by focusing on network modernisation, distribution, and operational efficiency. It is this commitment, together with his industry experience, strategic vision, constant customer focus and proven record of delivery that will enable him to continue to deliver our strategic objectives and to lead the Group in the next stages of its development.”
Segun Ogunsanya said, “Having been part of the Airtel Africa journey for the past nine years, I am looking forward to taking up the role of Chief Executive Officer. On a personal note, as an African, I feel honoured to have the opportunity to lead a Group that continues to make a difference to millions of people, bridge the digital divide and expand financial inclusion. This is an exciting opportunity to position Airtel Africa for further success in a dynamic continent full of potential. I look forward to building on the achievements of the last five years during Raghu’s leadership.”