Airtel Africa gets new chief executive officer as Ogunsanya retires

Airtel Africa has announced the retirement of its Chief Executive Officer, Olusegun Ogunsanya, effective July 1, 2024.

Ogunsanya, who joined Airtel in 2012, ran the Nigeria operations of the telecommunications and mobile money company for nine years before he was appointed Chief Executive Officer of the Group in 2021.

With local knowledge of the African landscape and deep distribution experience, he led the company in maintaining double-digit revenue growth over many quarters and delivering new, innovative products to its customers across the continent.

Airtel, in a statement, yesterday, said building on the work undertaken during his time as CEO, including the launch of the company’s first Sustainability Strategy, and given his deep experience across Africa, Ogunsanya will become the Airtel Africa Charitable Foundation’s inaugural Chair.

The firm explained that the Charitable Foundation will accelerate the company’s commitment to its sustainability initiatives and charitable operations across its locations in Africa.

The Charitable Foundation’s objectives will focus on promoting digital inclusion, financial inclusion, access to education, and environmental protection. The Charitable Foundation will be a separate legal entity and be independent of the Airtel Africa Group.

Following his retirement from Airtel Africa plc, Ogunsanya will also be available to advise the Chairman, the Airtel Africa Board and the Chief Executive Officer for 12 months.

The company also announced the appointment of Sunil Taldar as Managing Director and Chief Executive Officer to succeed Ogunsanya on his retirement.

Taldar, who joined Airtel Africa in October 2023 as Director of Transformation, will begin the transition to the CEO role, working alongside Ogunsanya.

Following a transition period, Taldar will be appointed to the Board as an Executive Director and assume the role of CEO on July 1, 2024, at which time Ogunsanya will step down from the Board and retire from the Company.

Chairman of Airtel Africa plc, Sunil Bharti Mittal, said: “On behalf of the board, I would like to thank Ogunsanya for his commitment and significant contribution to Airtel Africa plc as Chief Executive and before that as Managing Director and CEO of Nigeria, our largest market in Africa.

“I am pleased that Ogansanya has agreed, following his retirement, to assume the new role as Chair of the Airtel Africa Charitable Foundation, where he will bring his visionary leadership to this new philanthropic initiative to advance development and prosperity across Africa. Segun will retire from the Board with our very best wishes and sincere appreciation for everything he has achieved.

“The Board is delighted to appoint Sunil Taldar as the Group’s next Chief Executive Officer. His industry experience, strategic vision, constant customer focus and proven record of delivery will enable him to deliver our strategic objectives and to lead the Group in the next stages of its development.
“With respect to the transition period, Segun continues to lead the business very effectively as seen in our financial results. Given that Sunil Taldar has already joined the Group, we are confident that we will have an orderly leadership transition and handover of responsibilities.”