Obiageli Ezekwesili joins the Bharti Airtel Board
Obiageli
Katryn Ezekwesili, Nigeria's Former World Bank Vice President for
Africa and a world-renowned expert on economic reforms and economic
governance, joins the Bharti Airtel Board
Bharti Airtel Limited, a leading global telecommunications
services provider with operations in 20 countries across Asia and
Africa, today announced the restructuring of its Board of Directors and
that of its subsidiary Bharti Infratel. The changes have been effected
in view of the proposed Initial Public Offering (IPO) of Bharti
Infratel, which is a leading provider of passive telecom infrastructure
in India.
As part of the restructuring, Ms Obiageli
Katryn Ezekwesili, Former World Bank Vice President for Africa and a
world-renowned expert on economic reforms and economic governance, joins
the Bharti Airtel Board. Ms Ezekwesili has a strong track record in the
transparency, accountability, good governance, and anti-corruption
movement worldwide, having been one of the co-founders of Transparency
International.
As the Vice President of the World Bank in charge of
the Africa region, Ms Ezekwesili was responsible for operations in 48
countries in Sub-Saharan Africa and supervised a lending portfolio of
over US$40 billion. Ms Ezekwesili previously served as director of the
Harvard-Nigeria Economic Strategy Program in Boston and Abuja. She holds
a master’s in international law from the University of Lagos, a
master’s in public policy and administration from Harvard’s Kennedy
School of Government, and is a chartered accountant.
Commenting on
the restructuring, Mr. Sunil Bharti Mittal, Chairman and Managing
Director, Bharti Airtel said, “These changes have been effected in line
with our strong corporate governance culture and will ensure that Bharti
and Singtel have distinct representatives on the Boards of Bharti
Airtel and Bharti Infratel. I am confident that these two world-class
Boards will continue to guide these companies to greater heights. I
would also take this opportunity to thank the outgoing Directors for
their contribution to the Board of Bharti Airtel.”
Following the restructuring exercise, the composition of the two Boards would be as follows.
For Bharti Airtel: Mr. Sunil Bharti Mittal (Chairman and Managing
Director), Mr. Ajay Lal, Ms. Chua Sock Koong, Mr. Craig Ehrlich, Mr.
Manoj Kohli, Mr. Manish Kejriwal, Mr. N. Kumar, Mr. Nikesh Arora, Ms.
Obiageli Katryn Ezekwesili, Mr. Pulak Prasad, Mr. Rajan Bharti Mittal,
Ms. Tan Yong Choo and Mr. Tsun-yan Hsieh.
For Bharti
Infratel: Mr. Rakesh Bharti Mittal (Chairman), Mr. Akhil Gupta (Vice
Chairman and Managing Director), Mr. Bharat S. Raut, Mr. Jitender
Balakrishnan, Mr. N Kumar, Mr. Sanjay Nayar, Mr. Sarvjit Singh Dhillon
and Mr. Vinod Kumar Dhall.
Bharti Infratel deploys, owns and
manages telecom towers and communication structures, for various mobile
operators across 18 states of India and has been the industry pioneer in
adopting green energy initiatives across its tower network. It has a
footprint of over 33,000 towers and holds a 42 per cent stake in Indus
Towers Limited – a Joint Venture between Bharti Infratel, Vodafone &
Idea Cellular.
About Bharti Airtel
Bharti Airtel Limited is a leading global telecommunications company
with operations in 20 countries across Asia and Africa. Headquartered in
New Delhi, India, the company ranks amongst the top 5 mobile service
providers globally in terms of subscribers. In India, the company's
product offerings include 2G, 3G and 4G wireless services, mobile
commerce, fixed line services, high speed DSL broadband, IPTV, DTH,
enterprise services including national & international long distance
services to carriers. In the rest of the geographies, it offers 2G, 3G
wireless services and mobile commerce. Bharti Airtel had over 260
million customers across its operations at the end of August 2012. To
know more please visit, www.airtel.com
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