Kamar Abass Quits As ntel boss

Kamar Abass, the Managing Director/Chief Executive Officer of NATCOM trading as ntel, which prides itself as Nigeria’s first 4G/LTE-Advanced network,  has quit his job for personal and health reasons, GutsyPen4ICTD has learnt.  In his place, ntel has appointed the Chief Finance Officer, Abhulime Ehiagwina, as the acting CEO.  Ehiagwina will be on the saddle until a substantive CEO is found.

Director, External Affairs of the company  Osondu C. Nwokoro confirmed this in a statement seen by us. The statement said “Mr. Abass has stepped down from his role as CEO due to urgent personal and medical considerations….”

No clarification was provided on what personal and health conditions for Abass represented and whether these were enough reasons to warrant his resignation.

Kamar Abass joined the Board of Directors of NatCom in 2015 as the CEO of ntel and led the company through launch on April 8, 2016 with operations in Lagos and Abuja and then subsequently in Port Harcourt by December 2016.

Abhulime Ehiagwina, has a BSc Accounting degree from the Obafemi Awolowo University, an MBA from the University of Lagos and an Advanced Management & Leadership Programme (AMP) certificate from the Said Business School, Oxford University, UK.

Before joining ntel as CFO, Abhulime was CFO & Board member of Helios Towers Nigeria where he oversaw the Finance and IT functions. He helped grow the Company EBITDA by over 300 per cent in 3 years and raised a $250m Eurobond, first non-bank or Oil/Gas Company out of Nigeria. He also sat on the board of Interswitch as a non-Executive Director during this period. He has over 25 years financial management experience.

The company assures its stakeholders that it remains committed to existing obligations and will honour same, adding  the leadership transition will be smooth and orderly with no impact on its operations.

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