Telkom Chairman Eddy Njoroge confirmed the Board’s confidence in the appointment of Lobry, who will be charged with the responsibility of building on the gains made during Ghossein’s tenure.
“We appreciate the strategic effort put by enabling the business to streamline its operations thereby offering products and solutions that meet the dynamic needs of the market. We are assured of a similar approach with the appointment of Vincent Lobry, even as the industry prepares for more competition,” says Njoroge.
Vincent Lobry, the incoming CEO, has 35 years experience in the Telecommunications sector with a focus on Sales and Marketing.
He has risen through the ranks at the Orange Group to become Vice President – Commercial of Orange in Spain in 1998, the Senior Vice President of Orange France in charge of Mass Market Marketing in 2003.
Recently he was the Senior Executive Vice President of Orange Polska (Poland) in charge of Strategy, Marketing, Convergence and Value Creation since October 2009, a position that also saw him sit on the company’s board.
Ghossein’s departure comes at a time when the company is witnessing a turn around. It posted an eight percent revenue growth for the overall business for the first half of this year, compared to the same period last year.
“We are indeed positive of the trend that the business has shown in the first half of this year and our long term investment strategy is beginning to pay off as we remain focused on its longevity,” says, the outgoing CEO.
The company also embarked on a transformational programme in 2013, to replace transport copper cabling with fibre infrastructure, enhancing network reliability and improving efficiency leading to growth in market share.
The company has now also connected 35 counties to its countrywide network and recorded a combined 34 percent growth in mobile voice and data, in first half of 2014, after an additional investment in its 3G mobile network across the country.