Ghana’s Expresso Telecom has replaced their Managing Director just months after the buyout of Kasapa Telecom Limited. Just before Kasapa was rebranded, the Managing Director Bob Palitz resigned and was replaced by Hisham Ayoub.
Sources within Expresso have said that Ayoub has been replaced due to poor performance. The new Managing Director is Al-Ameer Ahmed Al-Ameer Yousef, who was quietly put in while his counterpart left. It is not yet confirmed in what capacity Ayoub will be serving within the company.
Under Ayoub subscriptions fell from 400,000 to just over 200,000, despite many changes implemented by Ayoub.
Ayoub had introduced the Clig moden, which is one of the most competitive modems on the market in terms of prices, speed and tariff. Sources say the new Managing Director is not doing much better, but they are optimistic.
“It looks like Mr. Yousef is going to bring some positive change, but some of the old guys at Expresso have entrenched themselves into their positions through all kinds of means so I am not too sure if he will succeed,” the source said.