CHIEF Executive Officer (CEO) of the Guyana Telephone and Telegraph Company, R.K Sharma, has tendered his resignation, effective June 18.Sharma’s resignation letter stated that he is taking a hiatus from the corporate world to explore “other interests.”
“My experience with GT&T has been not only exciting and challenging, but one of personal growth and development,” he noted.
The CEO started working with Barclays Bank in 1980, and over the past 22 years, functioned as the CEO of Demerara Bank Limited, CEO of GBTI and as CEO for the telephone giant for the past two years.
In the interim, GT&T has appointed Chief Financial Officer (CFO), Justin Nedd as CEO. The telephone company noted that Nedd has served as CFO since 2013 and has an extensive background in finance, administration and technology.
The Board of Directors of the company has lauded Sharma’s accomplishments during his tenure as CEO. “The company benefited greatly from Mr. Sharma’s leadership and we thank him for his many contributions during a period of organisational transformation. He served GT&T with the highest levels of professionalism and integrity and we extend [to] him warm wishes for his future success.”
According to the board, they are confident to entrust such a position to Justin Nedd. They noted that “over the last two years, Justin has made a strong mark and earned the trust and support of his colleagues. He rapidly assumed significant responsibilities and has shown an ability to get things done. We are pleased to entrust him with the Interim CEO role and are confident in his ability to lead GT&T forward.”
CFO Justin Nedd stated: “I am thrilled to take on this expanded role at a truly exciting time at GT&T. We are innovating for customers across all aspects of the business, and we intend to lead the way in a new, more competitive environment, from our new, blazing fast broadband speeds, to customer service upgrades, to better mobile plans and devices.”
He concluded by stressing that “GT&T is on the move. We are, and will be continually providing more value and greater capabilities to our customers.”
The company noted that Mr. Sharma will continue to serve as CEO through the middle of June and will assist with the transition process.