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Wednesday, July 27, 2016

ntel unveils TY Danjuma as new Chairman

The NatCom Development & Investment Limited (NatCom) trading as ntel, has unveiled a retired Army General cum elder statesman and accomplished businessman, Theophilus Y. Danjuma as its new Chairman, reports ITRealms.

This follows the emergence of General Danjuma at the company’s inaugural board meeting held Wednesday, July 27th 2016.

A press statement made available to ITRealms by the Director, External Affairs, Mr. Osondu C. Nwokoro and Head Corporate Communications at ntel, Mr. Toni Kan Onwudi, revealed that with General Danjuma as board chairman, former chairman, Dr. Tunde Ayeni, now becomes Vice Chairman. While other members of the board include Captain Idahosa Okunbo, Abiola Ayeni, Kasheem Shettima, Philip Chukwu, Kola Adesina, John Darlington, Dan Kunle, Babatunde Omotoba and Kamar Abass.

General Danjuma, fondly known as ‘the green general’ on account of his environmental activism, has interests in oil and gas, banking and shipping. A respected environmentalist and philanthropist, he was Chairman of Abuja Green Society and through his own Danjuma Foundation, established in 2009, passionately supports poverty alleviation, education and medical aid initiatives across Nigeria.

General Danjuma brings to the ntel board robust commercial experience covering some three decades in the public and private sectors, following a successful career in the army from where he retired as a three-star General and Chief of Army Staff in 1980. He also served as Minister of Defence in the first term of the civilian administration of President Olusegun Obasanjo.

Mr. Kamar Abass, ntel’s Chief executive officer was also quoted as saying they are delighted to have a man of General TY Danjuma’s standing join ntel, sequel to his recent significant investment  in the telco.

“As our new chairman, and as a shareholder, we welcome his support as we add momentum to our growth and development in Nigeria’s telecoms industry. We expect to benefit enormously from General Danjuma’s sterling leadership credentials and, in this way, to build on the excellent work of our immediate past chairman, Dr. Tunde Ayeni, who positioned ntel to deliver the leading Broadband experiences already evidenced in Lagos and Abuja,” he explained.

ntel commenced commercial operations of its 4G/LTE-Advanced network on 08-04-16 in Lagos and Abuja. Network services in Port Harcourt are scheduled to commence early in Q4. NatCom projects making investments totalling more than $1 billion by 2020.

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