The Chairman of Etisalat Nigeria Limited, Hakeem Bello-Osagie, has resigned his position following the approval of a restructuring plan for the telecommunications firm.
His resignation which takes immediate effect, followed the withdrawal of the company’s major shareholder, Emirates Telecommunications Group Company two weeks ago.
Read Also
Mr. Bello-Osagie, was the surviving shareholder in the embattled mobile operator currently embroiled in a $1.2 billion (about N377.4 billion) loan repayment crisis with a consortium of 13 Nigerian banks.
He is a former Chairman of the United Bank for Africa, UBA,