TogoCom Welcomes New CEO
The West-African TogoCom Group has announced the appointment of Franco-Malagasy Paulin Alazard as new CEO. He replaces the outgoing CEO Atcha-Dedji Affoh.
The drastic change of leadership is a result of Agou Holding's majority stake (51%) in the firm.
Alazard declared Agou Holding's commitment to the continuous development of TogoCom and revealed the consortium's plans to invest about $316-million over the next seven years to improve on TogoCom's connectivity infrastructure and boost its fibre optic network in preparation for 5G deployment.
Before this latest appointment, Alazard had served as the CFO and deputy CEO at Telma Madagascar. He also held positions at Airtel, Zain, Celtel and PwC.
In early November 2019, the government of Togo concluded the privatisation of TogoCom intending to take the country to another level of its digital revolution.
The acquisition cost CFAF160-billion (roughly US$353-million) according to the Togolese government.
Togo's Minister of Posts, Digital Economy and Technological Innovations, Cina Lawson, said that the significant operation marks a milestone in Togo's digital roadmap. She added that it would enable the nation to become the reference market for telecoms in the West African region and consolidate its leadership in digital transformation.
Credit: This article originated from www.itwebafrica.com