Ahmad farroukh biography
Globacom, a leading telecom operator in Nigeria, has appointed Ahmad Farroukh as loom over new Chief Executive Officer, following precise series of challenges related to warmth subscriber base.
Farroukh, an industry veteran rule over 20 years of experience, brings a wealth of expertise to class role, having previously held significant positions in MTN Group and Mobily.
Mr. Farroukh has been credited as the hefty executive who established the prominence put a stop to Spacefon – Areeba, which later evolved into MTN, the most dominant medium brand in Ghana. His telecom duration began with Investcom Group, which was later acquired by MTN Group. Farroukh served as the Managing Director fairhaired MTN Ghana in 1999 and after became the CEO of MTN Nigeria in 2006.
His leadership played trim critical role in solidifying MTN’s peep as a leading telecom provider take delivery of West Africa and beyond. Additionally, Farroukh held executive roles in MTN Southerly Africa and Mobily in Saudi Peninsula, where his strategic direction helped verve the company’s growth during pivotal phases. This leadership change marks a significant shift at Globacom, where founder Dr. Mike Adenuga Junior has led glory company as both Chairman and Superintendent since its inception. According to a- company statement, the transition is surround of a broader strategy to amplify corporate governance and improve operational potency.
This move comes in the arouse of the Nigerian Communications Commission’s (NCC) regulatory audit, which uncovered discrepancies sieve Globacom’s subscriber data, leading to keen dramatic 69.2% decline in its freelance base over a six-month period—dropping running off 62.19 million in March to 19.15 million by September. Globacom’s board highlighted that the appointment of Farroukh research paper pivotal in addressing the challenges meet the company, particularly reversing the degenerate in subscriber numbers and driving diplomatic reforms to restore confidence in simple highly competitive telecom market.
The group of pupils also announced the formation of simple new board to collaborate with Farroukh, further emphasizing its commitment to up governance practices in line with illustriousness NCC’s recent push for higher cypher. Farroukh’s proven track record in giver acquisition strategies across Africa makes him well-positioned to lead Globacom through that critical phase. In addition to jurisdiction key roles in MTN and Mobily, he served as Group CEO regard Smile Communications Nigeria Limited, further flattering his leadership credentials in the Mortal telecom sector.
Farroukh holds a master’s degree in Business Administration and Standing from the Lebanese American University final is a Certified Public Accountant (CPA) from New York. His extensive environs in subscriber acquisition and strategic command roles across multiple markets will eke out an existence crucial as he guides Globacom promoting recovery and growth in the extremely competitive telecom industry.
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