Chief Executive Officer of the Guyana Telephone and Telegraph (GT&T) Company, Major General (Rt’d) Joseph Singh, yesterday confirmed that he will be passing the leadership of the telecommunication company to Chief Financial Officer (CFO), Mr. Yog Mahadeo.
And he made it clear that his role in the company’s operations will be decided on by the company’s shareholders.
At a press briefing at the GT&T headquarters, he said the change will become effective in July.
The CEO noted that his preference is to proceed “gracefully out into retirement.”
Referring to his successor, Singh lauded his professional background and the commendable work he did in his four years of association with GT&T.
“I know the company will be going into safe hands. Mahadeo comes from a good background,he has a good grasp of not only the administrative and logistic operations, but also of the technical side,” the CEO said.
Mr. Mahadeo, also at the press briefing, referred to endless opportunities to be taken advantage of at GT&T.
This, he noted, would advance the transformation of Guyana.
At company level, Mahadeo stated that approximately US$350M has been invested in Guyana.
He added that an additional US$30M will be spent as GT&T is looking at a massive transformation into a “next generation company.”
Acknowledging that changes affect all, Mahadeo noted that the process began a year ago.
Foremost among these is the effect on the human resource component of the company’s operations.
Mahadeo indicated that in transforming GT&T, all staffers will be retrained to fulfill the demands change will bring about.
The CFO added that the transformation is centered on four key areas: commitment to customer, commitment to employees, a drive to succeed with teamwork and trust, and ethical behaviour and accountability.