Just In: Teleology takes over 9Mobile, Nasiru Ado Bayero heads board
News & Trends •
the central bank of nigeria in collaboration with the nigerian telecommunication commissionncc in july 2017 appointed a board of directors chaired by nnanna the deputy governor of the central bank of nigeria to oversee the affairs of the company pending the completion of regulatory due diligence of the bid documents submitted by teleology and sixteen others for its acquisition1 teleology has formally taken over control of nigerias troubled telecommunication company 9mobile by appointing a new board of directors headed by 54 year-old nasiru ado bayero1 the appointment of the board followed the exit of the cbn appointed board and the transfer of ownership of the firm to the new investors teleology nigeria limited1 other members of the board are asega aliga non executive director adrian wood non executive director mohammed edewor non executive director winston ndubueze udeh non executive director and abdulrahman ado executive director1 the new chairman of the board alhaji nasiru ado bayero welcomes the appointments1 as we begin this new epochal phase we wish to thank all the employees who built this viable business. our debt of gratitude also goes to our subscribers even as we assure them to get ready for real best-in-class additional value for their relationship with the 9mobile brand. without you there could not have been a 9mobile business for us to invest in today. we will justify your confidence in our brand by making significant investments that will improve the value you get for using 9mobile1 mohammed edewor also thanked the outgoing members of the board headed by dr. joseph nnanna for helping to shepherd 9mobile through the critical transition phase it has passed through since july 20171 stephane beuvelet will serve as the acting managing director according to a statement by mohammed edewor a new non-executive director of the new 9mobile1 the bid process was midwifed by barclays africa1 9mobile new chairman bayero was a graduate of mass communication from university of maiduguri1 he is a prince of the bayero royal family in kano. he is the chiroman of kano and is the district head of nassarawa in the state1 he is familiar with boardroom politics being a director of platform petroleum limited sahelian energy1 he also worked at continental merchant bank from 1988 to 1989 coastal corporation oil1 he is the chairman of enclo limited a nigerian company providing currency operations support services to the central bank of nigeria1