Ex-Celtel DMD, Olusanya, is new CEO of Etisalat

Boye Olusanya, former deputy managing director of Celtel Nigeria (now Airtel Nigeria), will be the chief executive officer of Etisalat Nigeria during the transition period, TheCable is reporting.

Matthew Willsher stepped down as CEO 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 Keem 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.

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