Ncell on Friday announced the appointment of Michael Foley as the new Chief Executive Officer (CEO) of the company, effective from November 1.
Issuing a statement, the privately-owned telecom company of Nepal said Foley succeeds Syed MD Enamul Kabir, who had been serving in the capacity of Acting CEO of the company. Kabir will continue to play a key role in the company as Chief Financial Officer (CFO), added Ncell.
With over 20 years of experience in senior leadership role in the telecommunications industry, Foley brings a strong track record of success across some of the sector’s most prominent companies, the statement further said.
“Before joining Ncell, Foley most recently served as Head of French Africa at Airtel, overseeing operations in seven Francophone African markets. Prior to that, he held the position of CEO of Telenor Pakistan (TP), where he led the company through a highly challenging business environment, delivering market-leading growth, profitability, and employee engagement,” reads the statement.
According to Ncell, Foley’s previous leadership roles also include CEO of Grameenphone (Bangladesh) and Telenor Bulgaria, where he led a significant business turnaround, growing the customer subscriber base to over 70 million and increasing EBITDA to over 60%. Foley has also served as Chairman of Tameer Micro-Finance (now Easypaisa, Pakistan), Chairman of Telenor Health, and is currently Chairman of WATU DRC SA, a division of WATU, Africa’s leading asset micro-finance company.
Sharing his thoughts on the appointment, Foley stated, “I am delighted and humbled to take on this responsibility here in Kathmandu. Ncell is a critical infrastructure provider for the country and holds immense potential to drive digital transformation, enhance economic competitiveness, and attract foreign investments, all while creating new opportunities for the people of Nepal. In today’s digital, AI-powered, and social media-driven era, telecommunications companies are not just service providers, we are weaving the very digital fabric of society. We have become the operating system of the modern economy. It is essential that we steward these vital assets responsibly as we work to serve the nation, enhance our services, and, most importantly, empower the next generation.”
The Board of Directors of Ncell expressed strong confidence in Foley’s leadership, stating, “We are very pleased to welcome Michael to Kathmandu in this key leadership role. His extensive experience and strategic vision will be instrumental in guiding Ncell’s transformation and reinforcing our commitment to serving our communities.”
According to Ncell, Foley is a graduate of McGill University and holds executive certificates in Global Management and Governance from INSEAD. He holds dual Canadian-Kenyan citizenship.
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