Teleology has formally taken control of Nigeria’s troubled telecommunication company, 9mobile, by appointing a new board of directors headed by 54 year-old Nasiru Ado Bayero.
According to a statement by Mohammed Edewor, a new Non-Executive of 9mobile, Stephane Beuvelet will serve as acting managing director.
The appointment of the board followed followed the exit of the CBN appointed board and the transfer of ownership of the firm to the new investors, Teleology Nigeria Limited.
Other members of the board are: Asega Aliga (Non-Executive Director), Adrian Wood (Non-Executive Director), Mohammed Edewor (Non-Executives Director), Winston Ndubueze (Non-Executive Director) and Abdulrahman Ado (Executive Director).
Edewor thanked the outgoing members of the board, headed by Dr Joseph Nnanna, for helping to shepherd 9mobile through the critical transition phase it has passed through since July 2017.
The CBN in collaboration with the Nigerian Telecommunication Commission (NCC), in July 2017, appointed a board of directors chaired by Nnanna, a Deputy Governor of CBN, to oversee the affairs of the company pending the completion of regulatory due diligence of the bid documents submitted by Teleology and 16 others.
The bid process was midwifed by Barclays Africa.
9mobile’s new Chairman Bayero, is a graduate of Mass Communication from University of Maiduguri.
He is the Chiroma of Kano and district head of Nassarawa in the state.
(NAN)
