By Our Reporter
The Managing Director and Board Member at Uganda Telecom (UTL) Ali Amir, has resigned from both roles citing personal reasons. He will stay on at the Company till May to serve his notice period and handover to his successor. Ali joined UTL in July 2012, after the UN lifted the sanctions against all Libyan owned assets, as Chief Financial Officer. He was then promoted to Managing Director when David Holliday left in July 2013.
During his tenure at UTL, Ali was able to significantly reduce the continuous year on year revenue slide and improved the profitability of the Company significantly over the last three years (EBITDA-Earnings before Interest Tax Depreciation improved by 20 percent in 2014).
Making his comments Amir said, “It has been a tremendous journey, these last couple of years. I have had the privilege of working with incredible, industrious and motivated people at UTL. We have celebrated our successes together and have shared the disappointments when things have not gone well. That’s what makes a team and I am proud to say we have put together a great team with exceptional team spirit, that will take UTL to much greater heights with the right level of shareholder support. I will always cherish my time at UTL and will follow its progress very closely, even from far away.