Uganda Telecom has appointed Stephen Kaboyo as its new chairman of the board, and announced three new board members.
Kaboyo will assume the new role as Chairman taking over from Dr. Ben Mbonye who has resigned after serving for the past four years.
The new Chairman and board members were decided on by LAP GreenN and The Government of Uganda in order to continue UTL’s turnaround by providing renewed leadership for the future.
“We are delighted to welcome Stephen Kaboyo as Chairman of the UTL board and would like to thank Dr Ben Mbonye for his service ,” said Wafik Shater, LAP GreenN CEO. “ Dr Mbonye has done a great job in the challenging role of UTL Chairman for the few years and we wish him success in his future, we are also confident that the experience and expertise from Mr. Kaboyo and the new board members will be very valuable for our organization and we are confident that they will continue bringing the necessary changes to take UTL to the highest standards of quality.”
Stephen Kaboyo, an Ex Central Bank Executive, brings 20 years of knowledge and experience to the position of Chairman. He currently operates a private practice, Alpha Capital Partners, an indigenous Ugandan firm with interests in sovereign asset management, foreign exchange trading strategies and financial sector advisory.
Ali Amir, CEO of UTL, said: “Stephen is a great addition to the UTL board, his experience and knowledge of the Ugandan market will be a significant asset for UTL moving forward . I look forward to working very closely with him and the rest of the board in order to continue the revival of UTL’s services for our extremely loyal customers throughout Uganda. On behalf of the UTL management I would like to thank Dr. Mbonye and the departed board members for all their efforts and guidance in their respective roles on the board.”
The three additional board members joining UTL are Stewart Simpson, Group Chief Legal Officer, LAP GreenN who brings over 20 years of legal experience, including extensive corporate, commercial and litigation experience. Joanna Roche, Group HRAO, LAP GreenN who has 15 years HR experience across telcom, FS & IT sectors in companies such as Barclays, BT, Citigroup, Nokia, EDS & HP; and Kalid Tarapolisi, Strategic Projects Director, LAP GreenN, with over 15 years of experience in telecommunications working with major operators such as Verizon, Sprint and Level 3 Communications and as a special advisor to the Minister of Communications of Libya.
“UTL has great potential for growth throughout Uganda,” said Stephen Kaboyo. “We will need to evaluate our growth areas and continue the massive push for all around improvement in performance for our customers as we continue to reposition the company.”