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Vodacom Tanzania's Managing Director resigns

By , ITWeb’s Zambian correspondent.
Tanzania , 06 Aug 2021

The managing director of Vodacom Tanzania Hisham Hendi has resigned his position effective 1 November, 2021, after being at the helm of the operator for two–and-a-half years.

The company said Hendi will remain within the Vodafone Group of companies, taking a new assignment as commercial lead at Vodafone Spain.

Chairman of the Board of Directors at Vodacom Tanzania Judge Thomas Mihayo said the Vodacom Tanzania Board of Directors is in the process of identifying Hendi’s successor and will make an announcement in due course, pending regulatory approval.

“During Hendi’s five-year tenure, Vodacom Tanzania continued to lead the industry in implementing a digital strategy that has accelerated the country’s financial inclusion through innovative mobile financial services. Hisham has also been a driving force in successful investment in universal access for millions of Tanzanians who had previous been unconnected,” Mihayo said.

Hendi said, “While I’m pleased with the opportunity that awaits me in Spain, it would not have been possible without the opportunity in Tanzania over the past five years. I have worked with a great team of colleagues over these years and I’m leaving behind a high performance local senior leadership team. Alongside industry partners, customers and government, we have accomplished great milestones in digital and financial inclusion. My experience in Tanzania has made this move possible and I’m truly humbled.”

Hendi was officially appointed as Vodacom Tanzania managing director in March 2019. Prior to his appointment, he worked at Vodacom Tanzania as Director of the Consumer Business Unit.

During his period in office as Managing Director, Hendi was instrumental in the historical initial public offering (IPO) in 2017 of Vodacom Tanzania on the Dar es Salaam Stock Exchange (DSE) where Vodacom Tanzania remains the only telecommunications company on the bourse.

Vodacom Tanzania is the country’s largest operator with over 32% market share and close to 16 million customers as of March 2021.

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