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The Board of Directors of Emerging Markets Telecommunication Services Limited, operators of 9mobile, has announced the appointment of Abolaji Idowu as its new chief financial officer.

A statement issued on Tuesday by 9mobile noted that Idowu succeeds Mrs Nkem Oni-Egboma, the outgoing CFO, who was stepping down to explore new opportunities outside of 9mobile.

It noted that Idowu’s appointment was part of a significant leadership change initiated by the board of the telco in its determined efforts at business transformation, which has so far seen the appointment of a new CEO to drive this process.

“He has held senior positions in various organisations across Europe and Africa, raising finance, transforming organisations, championing growth, delivering significant cost savings and efficiency, optimising asset utilisation, reorganising and streamlining companies, and preparing entities for new markets,” the firm stated.

In his comments on the new CFO appointment, 9mobile Chief Executive Officer, Obafemi Banigbe, said that Idowu was a valuable addition to the high-performance team.

According to the CEO, Idowu brings valuable perspectives and skill sets that can drive strategic financial decision-making, foster innovation, and enhance risk management.

The firm stated that as Chief Financial Officer, Idowu would provide strategic leadership for the finance team, and take ownership of financial decisions in line with current trends and EMTS strategic vision.

“Idowu joins 9mobile with over 20 years of experience, having led finance transformation and delivered ambitious growth for global giants, such as Vodafone, Telefonica O2, MTN Nigeria, Starcomms PLC, Shell, Barclays, PepsiCo International, British Gas, Johnson & Johnson, Norgine Pharmaceutical and Vivo Energy,” the firm added.

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