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Business News of Friday, 12 February 2010

Source: GNA

Zain appoints CEO

Accra, Feb. 12, GNA - Mr Nabil Bin Salama has been appointed as the Chief Executive of Zain Group, effective February 14, 2010. A statement copied to the Ghana News Agency in Accra on Friday said the decision was taken based on Mr Salama's professional capabilities among other things.

"The Board of Directors state their confidence in the professional capabilities of Mr Salama in continuing the Company's future direction and path in maximising shareholder value," the statement said. Mr Salama has a Bachelor of Electronic Engineering from the University of Dayton, Ohio, USA.

He also served as Kuwait's Minister of Communication, Electricity and Water in 2009 and had many years in the public sector.

Zain is a leading telecommunications operator across the Middle East and Africa providing mobile voice and data services to over 70 million active customers as at 30 September, 2009 with a commercial presence in 23 countries.

The countries includes Bahrain, Burkina Faso, Chad, the Republic of the Congo, the Democratic Republic of the Congo, Gabon, Ghana, Iraq, Jordan, Kenya, Kuwai and Malawi.

The rest of the countries are: Madagascar, Niger, Nigeria, Saudi Arabia, Sierra Leone, Sudan, Tanzania, Uganda and Zambia. Zain offers innovative services in its markets such as "One Network", the world's first borderless mobile telecommunications network enabling customers when abroad to receive calls and sms without charge and to make voice and data calls at local rates throughout 22 countries in Africa and the Middle East. 12 Feb. 10