Former World Bank vice president for Africa, Obiageli Katryn Ezekwesili, has been appointed to the board of Bharti Airtel, following restructuring of the telecoms company board.
The changes on the board of Bharti Airtel also extend to its subsidiary, Bharti Infratel.
The changes have been effected in view of the proposed Initial Public Offering (IPO) of Bharti Infratel, which is a leading provider of passive telecom infrastructure in India.
As part of the restructuring, Ezekwesili, a Nigerian and a world-renowned expert on economic reforms and economic governance, joins the Bharti Airtel Board.
She has a strong track record in the transparency, accountability, good governance, and anti-corruption movement worldwide, having been one of the co-founders of Transparency International.
As the Vice President of the World Bank in charge of the Africa region, Ezekwesili was also responsible for operations in 48 countries in Sub-Saharan Africa and supervised a lending portfolio of over US$40 billion.
Ezekwesili previously served as director of the Harvard-Nigeria Economic Strategy Program in Boston and Abuja.
She holds a master’s in international law from the University of Lagos, a master’s in public policy and administration from Harvard’s Kennedy School of Government, and is a chartered accountant.
Commenting on the restructuring, Sunil Bharti Mittal, Chairman and Managing Director, Bharti Airtel said the changes have been effected in line with Bharti Airtel’s strong corporate governance culture saying this would ensure that the mobile network giant had and Singtel had distinct representatives on the Boards of Bharti Airtel and Bharti Infratel.
“I am confident that these two world-class Boards will continue to guide these companies to greater heights.
“I would also take this opportunity to thank the outgoing Directors for their contribution to the Board of Bharti Airtel,” said Mittal.
Source; http://www.itwebafrica.com/