Etisalat Emirates: We support the decision of suspending Mobily’s CEO

24/11/2014 Argaam

Etisalat Emirates Group which owns 27.46% stake in Etihad Etisalat Co. (Mobily); said that it agrees with Mobily’s board decision to suspend Mobily’s CEO, Khaled Al Kaf, and delegating the vice CEO, Serkan Okandan.
 

Etisalat Emirates added that it is closely following Mobily’s Q3 financial adjustments and their causes and thinks that the board should conduct an independent investigation to find out what exactly happened and why; as reported by Al Bayan news.


The company indicated its continued support to Mobily which is emphasized by appointing Serkan Okandan, the CFO of Etisalat Emirates Company since January 2012, as a vice CEO of Mobily.


According to Argaam; the BOD of Mobily decided suspending Khaled Al-Kaf, The CEO and Managing Director, as of November 21, 2014 till receiving the audit committee’s report. 

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