Celtel appoints 12-strong management board

The full board now consists of the chairman, deputy chairman and ten directors.

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By  Tawanda Chihota Published  July 10, 2005

Following the acquisition of Celtel International by MTC of Kuwait in May 2005, the shareholders meeting of Celtel has appointed the following people to form the new board of directors of Celtel International with immediate effect: Mo Ibrahim, Lord Cairns, Asa’ad Al Banwan, Saad Hamad Al Barrak, Salim Ahmed Salim, Abdul Aziz Al Nafisi, Jonathon Bond, Abdul Mohsen Al Faris, Wilfried Verstraete, Sheikh Khalifa Al Sabah, Mohsen Khalil and Jamal Al Kanadary. The full board now consists of the chairman, deputy chairman and ten directors. "I am delighted that we have been able to bring together such a group of experienced individuals. They are each of the highest calibre and bring an excellent combination of international commercial expertise - especially in Africa and the Middle East - as well as finance, corporate governance and telecoms experience. Together we will form a strong team,” commented Mo Ibrahim, Celtel chairman. “MTC’s acquisition of Celtel fits in our international growth strategy. The formation of the Celtel board with such an eminent group of people underscores our resolve to rapidly grow our company in Africa, the Middle East and beyond. I am confident that the board of directors of Celtel will provide valuable advice and support,” Saad Al Barrak, deputy chairman and managing director of MTC said.

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