9Mobile, Emerging Markets Telecommunication Services Limited, has been acquired by LH Telecommunication Limited.
A statement issued on Sunday by the telco revealed that the acquisition of its majority shares was approved by the Nigerian Communications Commission (NCC) and the Federal Competition and Consumer Protection Commission (FCCPC) as required by law.
The telco has constituted a new board as it prepares for life under its new owner:
Thomas Etuh: is the Chairman of the Board. He is an accomplished entrepreneur with over 36 years of experience in strategic sectors of the African economy, including agriculture, fertilizer production, mining, banking, telecommunications, power and aviation.
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He is the founder of the Tak Group of Companies and previously served as the Chairman of the boards of Unity Bank Plc, Veritas Kapital Assurance Plc, and Lighthouse Capital Limited. He is currently the Chairman of the Board of Notore Chemicals Industries Plc.
Nahim Abe Ibraheem: has over 30 years of experience in finance, upstream and downstream oil trade, procurement, and manufacturing. As Chairman of Euronat Nigeria Limited, he has overseen major oil product exports from the NLNG and NNPC. His roles include representing VShips Monaco S.A. in Nigeria and advising Africa Merchant Bank (a Fortis Bank Subsidiary) and Société Générale Bank France.
Ibraheem serves as Chairman of the Boards of Veritas Kapital Assurance PLC and Lighthouse Capital Limited and as a Non-Executive Director of the VFD Group and Veritas Glanvills Pensions Ltd. He is a member of the Institute of Directors (Nigeria) and PESA and an avid sports fan.
Femi Edun: a financial services industry professional with over 35 years of experience in assurance, consulting, credit ratings and research, investment banking, and proprietary investment. He has occupied various roles in Akintola Williams & Co (now Deloitte), Price Waterhouse (now PricewaterhouseCoopers), Agusto & Co. Limited, Nigeria’s first credit rating agency, and Frontier Capital Limited.
He was a non-executive director of the Bank of Industry. He is also the Chairman of the board of Craneburg Construction Limited, an independent non-executive director of Chevron Closed Pension Fund Administrators Limited, and a non-executive director of Notore Chemical Industries Plc and Agusto & Co. Limited.
Daisy Danjuma: was elected a Senator in Nigeria in 2003, where she served on numerous committees. She was the chairman of the ECOWAS Parliament’s Women and Children’s Rights Committee and the Senate Committee on Women Affairs and Youth Development. After her legislative tenure, she held the position of Executive Vice Chairman of SAPETRO until December 2023, when she was appointed Executive Chairman.
She is the Chairman of the board of Trustees of the H I D Awolowo Foundation, a Member of the Board of Trustees of the Women at Risk International Foundation (WARIF), the Chairman of the Board of Trustees of Lagos Public Interest Law Partnership (LPILP) and the Chairman of May & Baker Nigeria Plc. Danjuma is a member of the International Bar Association (IBA), the Nigerian Bar Association (NBA) and the International Federation of Female Lawyers (FIDA).
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Michael Ikpoki: has over 25 years of experience across regulatory, commercial, operational management/leadership and consulting/advisory roles in the African telecom industry. He was a former Chief Executive Officer of MTN Ghana and MTN Nigeria. He is the founder/Managing Partner of Africa Context Advisory Partners. He is Chairman of the Boards of Capricorn Digital Limited and Amplitude Telecoms Africa Limited. He is a member of the Boards of Telecel Group and Unilever Nigeria Plc.
Ibrahim Puri: has over 30 years of cognate banking experience encompassing operations, marketing, retail, corporate banking, and human resource management. He was an Executive Director with the United Bank for Africa (UBA). He currently serves on the board the Nigeria Breweries Plc and is Chairman of the Board of Redtech Limited, a member of the Heirs Holdings Group.
Gloria Danjuma: has over 20 years of experience driving growth, maximizing shareholder value, and leading organisations through periods of transformation. She is the current chairperson of NAL/Comet Group, Unitrust Insurance Limited, and Wheatbaker Investment Properties Limited. She is also a Board Member of the TY Danjuma Family Office, Novotel Hotel Port Harcourt, and a member of the TY Danjuma Foundation Board of Trustees.
Emmanuel Etuh: currently serves as Executive Director of corporate Services at Lighthouse Capital. He also serves on the boards of Veritas Kapital Assurance Plc and Tak Agro & Chemicals Limited and is the founding partner of Haute and Peers LP.
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