Airtel Boss VG Somasekhar Fired After Multibillion Hacking Scandal As Company Counts Losses

Airtel Boss VG Somasekhar Fired After Multibillion Hacking Scandal As Company Counts Losses

 

By Mable Nakibuuka

ExposedUganda.com a few days ago reported about a hacking scandal in which airtel Uganda, MTN Uganda, Stanbic bank and other financial institutions lost billions of shillings to hackers.

The saga happened after hackers hacked into Pegasus, the system that integrates electronic money transactions for telecoms and financial institution in Uganda, before they diverted money worth over Shs9Bn to several accounts.

However, following the scandal in which top telecommunication company airtel Uganda lost billions of shillings, the Board of Directors of Barti Airtel Africa have decided to fire the Managing Director of airtel Uganda VG Somasekhar.

Stanbic Bank, Airtel, MTN Bosses Sweat Plasma After Hackers Steal Shs9Bn From Mobile Money Accounts

The revelation was made in a statement from airtel Uganda issued on October 28th, 2020 by Sumin Namaganda, the airtel Uganda Corporate Affairs officer, on behalf of her bosses.

Statement from airtel Uganda about VG Somasekhar’s being fired and replaced with Manoj Murali

According to the statement,  VG Somasekhar  has since been replaced by Manoj Murali, as the new airtel Uganda  Managing Director.

VG Somasekhar has since been moved back to India, where he will continue to be associated with Bharti Airtel Group,  the statement notes.

While announcing the appointment, Raghunath Mandava the CEO of Airtel Africa detailed Manoj Murali’s wealth of experience.

“Manoj Murali has handled different roles and worked across geographies in India, the corporate and the international operations of Sri Lanka, Seychelles, and the Channel Islands. His most recent assignment was CEO of Tamil Nadu and Kerala. Prior to this, he held other roles including Chief Operating (Executive) Officer in Rajasthan and Business head (Chief Operating Officer) in Andhra Pradesh, among other positions within the system,” he said.

Before he joined Bharti Airtel, Manoj Murali worked with Crompton Greaves, where he was responsible for managing and expanding the profit center operations of Karnataka state for the lighting business group.

While commenting on his appointment Manoj Murali said, “I accept this responsibility with optimism, determination and confidence. I will continue to to build on the momentum Airtel is resonating so strongly in the market. I am excited to be in Uganda and look forward to disruptive and transformative approaches in the coming year.”

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