Airtel Africa plc has announced the retirement of its Chief Executive Officer, Olusegun “Segun” Ogunsanya, effective from 1 July 2024. Mr. Ogunsanya, who has been with Airtel since 2012, successfully led the Nigeria Operations of the telecommunications and mobile money company for nine years before being appointed as the Group’s CEO in 2021.
During his tenure, Mr. Ogunsanya’s deep knowledge of the African landscape and extensive distribution experience played a pivotal role in maintaining double-digit revenue growth for the company. He also spearheaded the launch of the company’s first Sustainability Strategy, while consistently delivering innovative products to customers across the continent.
Building on his accomplishments as CEO, including the establishment of the Company’s Sustainability Strategy, Mr. Ogunsanya will assumethe role of the inaugural Chair of the Airtel Africa Charitable Foundation. This foundation will further accelerate the company’s commitment to sustainability initiatives and charitable operations throughout Africa.
The primary objectives of the Airtel Africa Charitable Foundation will revolve around promoting digital inclusion, financial inclusion, access to education, and environmental protection. As an independent legal entity, the foundation will operate separately from the Airtel Africa Group.
In addition to his new role, Mr. Ogunsanya will be available to provide guidance and advice to the Chairman, the Airtel Africa Board, and the Chief Executive Officer for a 12-month period following his retirement.
Furthermore, Airtel Africa plc has announced the appointment of Sunil Taldar as the Managing Director and Chief Executive Officer to succeed Mr. Ogunsanya upon his retirement. Mr. Taldar, who joined Airtel Africa in October 2023 as the Director of Transformation, will work closely with Mr. Ogunsanya during the transition period.
After the transition period, Mr. Taldar will assume the CEO role on 1 July 2024 and be appointed to the Board as an Executive Director. At the same time, Mr. Ogunsanya will step down from the Board and retire from the Company.
Sunil Bharti Mittal, Chairman of Airtel Africa plc, expressed his gratitude to Segun Ogunsanya for his dedication and significant contributions to the company as Chief Executive and previously as Managing Director and CEO of Nigeria, the company’s largest market in Africa. Mr. Mittal also commended Mr. Ogunsanya for accepting the role of Chair of the Airtel Africa Charitable Foundation, where his visionary leadership will drive philanthropic initiatives to advance development and prosperity across Africa.
The Board is thrilled to appoint Sunil Taldar as the Group’s new CEO, recognizing his experience and expertise in the industry. With Mr. Taldar’s leadership, Airtel Africa plc looks forward to continuing its growth and delivering exceptional services to its customers.
