Orascom Telecom, Media & Technology (OTMT) announced Monday the appointment of Naguib Sawiris, Executive chairperson of the company, as Group CEO also, succeeding Tamer El Mahdi who resigned during a board meeting on 3 November for personal reasons.
The Board of Directors expressed their understanding of the reasons for the resignation and approved it.
“We are sorry that Tamer was not able to continue with OTMT, and we wish him the best of luck in his future. I look forward to personally leading a new take-off for OTMT with an ambitious growth strategy,” said Sawiris.