Former deputy managing director of Celtel Nigeria (now Airtel Nigeria), Boye Olusanya, will be the chief executive officer of Etisalat Nigeria during the transition period, according to reports.
The former CEO, Matthew Willsher stepped down on Monday, along with the chief financial officer, Olawole Obasunloye.
A deputy governor of the central bank, Joseph Nnana, will be the chairman of the board, taking over from Hakeem Belo-Osagie, who resigned in the heat of the crisis.
Olusanya was a member of the pioneer team of Airtel in 2001 and lived through the various boardroom crises — a factor said to have contributed to his choice to manage Etisalat, which has been hit hard by its failure to meet its over N500 billion loan obligations to a number of banks.
