Zain promotes Arowojolu to chief regulatory officer
Zain Group promotes Andrew Arowojolu to group chief regulatory officer (CRO)
The appointment, which came into effect on October 1, 2016, will see Arowojolu tasked with interacting closely with regulatory authorities, dealing with multiple issues including spectrum licence terms and conditions, and industry bodies, such as the GSMA and Samena Council, to enhance the regional telecoms sector across the company’s eight-country footprint.
As part of the senior executive management team, he will also help to develop new expansion opportunities and support Zain’s digital transformation.
“With the ever increasing importance of telecom regulation in our region, Arowojolu has the right qualifications and industry experience to support all Zain operations in their crucial dealings with regulators,” said Zain Group’s CEO Scott Gegenheimer, who also added it was great the senior appointment was an internal promotion.
“Given his distinguished record, I have every confidence he will further ensure that critical regulatory issues, which are prominent and have a material impact on our business now and into the future, are given their due attention.”
According to a Zain statement, he has been credited with achieving milestones such as: "The purchase of 13 mobile operations from Celtel International for $3.36bn in May 2005 and the subsequent $10.7bn sale of Zain Africa BV to Bharti Airtel in June 2010; the 2008 Zain Saudi IPO and subsequent $1.6bn rights issue in 2012; as well as both the Zain Bahrain and Zain Iraq IPOs." GTB