Você está na página 1de 8

About Warid Warid Telecom is a joint venture between Abu Dhabi Group & SingTel Group.

Abu Dhabi Group entered into a strategic alliance with Singapore Telecom. Subsequent to this transaction in May 23 (2005), telecom giant SingTel acquired 30% percent equity stake in Warid Telecom, Pakistan, for US$758 million. This partnership is part of a strategy to support Warid Telecom's continued growth and to enhance its market position. Warid Telecom is backed by the Abu Dhabi Group, a large business conglomerate in the Middle East and a major investor in Pakistan. It has diversified business interests, offering strong financial resources and extensive management expertise. The Abu Dhabi Group invests in a number of emerging markets including East- & South Africa, the Middle East, South Asia and the Caucasus/Black Sea region in a range of sectors including:

ICT Financial Services Energy Hospitality & Real Estate Healthcare Agriculture

The Abu Dhabi Group is led by His Highness Sheikh Nahayan Mabarak Al Nahayan a senior member of the Abu Dhabi Ruling Family.

SingTel's investment in mobile operations include, Advanced Info Service (AIS) Thailand, (21.4%), Bharti Telecom Group India (30.5%), Optus Telecom Australia (100%), Globe Telecom Philippines (44.5%), Pacific Bangladesh Telecom (PBTL) - Bangladesh (45%), Telkomsel Indonesia (35%) and Warid Telecom Pakistan (30%).

Abu Dhabi Group Warid Telecom is backed by the Abu Dhabi Group, a large business conglomerate in the Middle East and a major investor in Pakistan. It has diversified business interests, offering strong financial resources and extensive management expertise. The Abu Dhabi Group invests in a number of emerging markets including

East- & South Africa, the Middle East, South Asia and the Caucasus/Black Sea region in a range of sectors including:

ICT Financial Services Energy Hospitality & Real Estate Healthcare Agriculture

The Abu Dhabi Group is led by His Highness Sheikh Nahayan Mabarak Al Nahayan a senior member of the Abu Dhabi Ruling Family. Major Investments

Bank Alfalah Limited: a fully licensed commercial bank in Pakistan with over 282 branches and 266 state of the art ATM machines in all the major financial centers of the country United Bank Limited: a leading commercial bank in Pakistan with a vast network of approximately 1,400 branches including 19 international branches affiliates and representative offices in the UAE Bahrain Qatar Yemen Egypt Iran Switzerland the UK and USA Alfalah Insurance Company Limited: a leading insurance company in Pakistan Alfalah Exchange Company: a fully licensed exchange company in Abu Dhabi Iranian Sanden Industries PJS Co.: a joint venture with Sanden Singapore to manufacture car air conditioners in Iran with a capacity to produce up to 300000 air conditioning units per annum J.C. Maclean and Co.: manufacturers of high quality furniture Neo Pharma LLC: manufacturers of pharmaceutical products National Telesystems and Services (NTS): a joint venture with Bin Jaber Group Ltd. and Thales International Middle East Holding S.A.L. Al Jazira Management Mall: a management joint venture Abu Dhabi Vegetable Oil Company: manufacturer of edible oils Nama Development Enterprises: representing leading companies in the UAE in the field of oil and gas engineering equipment suppliers consultants, etc. Wholly owned properties and companies Le Royal Meridien Hotel Abu Dhabi previously known as the Abu Dhabi Grand Hotel: a 5-star hotel in the heart of Abu Dhabi soon to offer 300 deluxe rooms suites and other facilities Dhabi Contracting: a special category construction company Dhabi Drilling Offshore Rig Operations: a collaboration with Sedco

Forex Al Ain Palace Hotel: a 4-star hotel in Abu Dhabi Dhabi Enterprises Leasing: leasing a number of groups and real estate properties across Abu Dhabi The group has successfully launched its services in Bangladesh in May 2007. Warid Telecom International has successfully launched operations in Congo-Brazzaville, Bangladesh and Uganda with plans underway for Georgia and Ivory Coast.

Sheikh Nahayan Mabarak Al Nahayan His Highness Sheikh Nahayan Mabarak Al Nahayan Member of the Royal Family of Abu Dhabi Minister for Higher Studies and Chancellor of the University of Al Ain. His Highness Sheikh Nahayan Mabarak Al Nahayan is the Chairman of the Company and takes keen interest in the management of Warid Telecom. His Highness Sheikh Nahayan is the Federal Minister for Higher Education and Scientific Research for UAE and is also Chairman of Union National Bank Abu Dhabi Chairman & Director United Bank Limited Pakistan Chancellor Al Ain University and President at the Higher Colleges of Technology Abu Dhabi. His Highness is also the former Chairman Bank Alfalah Limited Pakistan. Sheikh Suroor Bin Mohammed Al Nahayan His Excellency Sheikh Suroor Bin Mohammed Al Nahayan Chamberlain of the Royal Amiri Courts and Member of the Royal Family of Abu Dhabi. His Excellency Sheikh Suroor Bin Mohammed Al Nahayan was the Governor of UAE Central Bank for the last 10 years and a major shareholder of Abu Dhabi Commercial Bank. He is a member of the Royal Family and holds interest in Bank Alfalah Limited and United Bank Limited in Pakistan. His Excellency Sheikh Suroor is the major shareholder of Abu Dhabi Commercial Bank Abu Dhabi UAE. Other interests include shares in joint stock companies as well as interest in commercial and real estate properties both in UAE and abroad. His Excellency Sheikh Suroor also owns the five star Hotel Beach Hotel Abu Dhabi Suites & Apartments and the Abu Dhabi Trade Center The Mall The Towers. Sheikh Hamdan Bin Zayed Al Nahayan Sheikh Mohammed Bin Butti Hamid Al Hamid

His Excellency Sheikh Mohammed Bin Butti Hamid Al Hamid is Chairman Abu Dhabi Municipality Governor & H.H. the Rulers Representative for Western Region Emirate of Abu Dhabi and Member of Executive Council Emirate of Abu Dhabi. His Excellency Sheikh Mohammed Bin Butti Hamid Al Hamid owns substantial business real estate and businesses. His Excellency is the Chairman of Al Hamid Group of Companies and owns major automobile agencies of:

Rolls Royce BMW Mini Car Heavy Equipments Tata Buses TADONO Cranes Kawasaki Wheel Loaders IVECO Trucks Fiat Hitachi

His Excellency also holds shares valued about US$ 300 million in various local and public listed companies. Sheikh Saeed Bin Mohammed Al Nahayan His Excellency Sheikh Saeed Bin Mohammed Al Nahayan Member of the Royal Family. His Excellency Sheikh Saeed Bin Mohammed Al Nahayan is a member of the ruling family of Abu Dhabi. He holds a Master degree in political science from United Kingdom and PhD. in political strategy from Egypt. His service spans more than 20 years in the Government of Abu Dhabi in the Ministry of Interior Police Directorate and presently holds the rank of Lieutenant Colonel. He owns several properties in the Emirates of Abu Dhabi United Kingdom Lebanon and Pakistan. He is a partner and shareholder in certain major companies and banks in the United Arab Emirates and abroad. Sheikh Saif Bin Muhammed Bin Butti Hamid Al Hamid Sheikh Saeed Bin Nahayan Mabarak Al Nahayan Dr. Mana Saeed Al Otaiba His Excellency Dr. Mana Saeed Al Otaiba Advisor to the President of the

UAE & Ruler of Abu Dhabi (His Highness Sheikh Zaid Bin Sultan Al Nahayan) and ex Oil Minister of UAE. His Excellency Dr. Mana Saeed Al Otaiba comes from the Al Otaiba family which is one of the most powerful families in the United Arab Emirates as well as in the Arabian Gulf. Al Otaiba is part of the AlMorar tribe related to Marwan Bin AlHakam and forms a part of the Bani Yas Alliance. Appointed as Minister of Petroleum and Industry in the first cabinet of the Abu Dhabi Emirate he was retained in 1972 as the first Minister of Petroleum and Mineral Resources in the Cabinet of the United Arab Emirates. In 1974 His Excellency Dr. Mana Saeed Al Otaiba received his Masters degree from the University of Cairo Faculty of Economic and Political Science. Two years later His Excellency Dr. Mana received a PhD. from the same University and the subject of his thesis was Petroleum and Economics in UAE. In 2000 His Excellency Dr. Mana received his second PhD. from Mohammad Bin Abdullah in Fas Morocco on his thesis on Arabic Literature. His Excellency Dr. Mana Saeed Al Otaiba has been conferred a number of honorary doctoral degrees in appreciation of his important role and distinguished efforts in serving his countrys economy as well as that of the world. His Excellency Dr. Mana Saeed Al Otaiba has headed several government directorates and institutions related to petroleum and mineral resources and has sat in the Chairs of the Boards of numerous oil and petroleum related companies. Mr. Omer Ziad Jaafar Al Askari M/S Electro Mechanical Company LLCBank

Warid Telecoms new leader creates panic, future of company in jeopardy


Posted by Mudassir Jehangir on October 12, 2012

Mr. Younas Iqbal Sheikh has comfortably taken charge as Chief Commercial Offer (CCO) at Warid Telecom on October 10, 2012. I happened to come across this circular that was sent to entire Warid team informing them about Younass appointment, his future role and how relevant department heads will interact with him in the company. Apparently the email looks fine but a serious look reveals that something seems to be missing deliberately. According to email; As CCO, Younas will have the accountability and responsibility for Marketing, Sales & Customer Services domains/functions at Warid. Mr. Suhail Jan & Mr. Nauman Fakhar will report directly to CCO as VP Sales & Distribution and Head of Customer Services respectively. Relevant Marketing Functional Heads/Directors will also report directly to CCO till further notice. As far as i remember, the designation of CCO never existed in Warid but this time a special slot has been created that will seemingly create a buffer zone between CEO Munir Farooqi and the rest of the company. All the department heads and major VPs will report to CCO and there is no mentioning of CCO reporting to CEO which should be the practice if book is to be followed. Sources point Younas Sheikh as saying that his reporting authority is Board Of Directors of Warid and not the CEO whereas CEO has found to be saying that Younas will report directly to him. The absence of reporting authority of Younas is not an error, its a deliberate act of communicating to the entire Warid team that CEO no more keeps decisive role. Moreover, this reporting clash points towards a state of serious mistrust and confusion at the Board Of Directors, the same mistrust created by a particular lobby which asked Zouhair Khaliq to leave the board a few weeks back.

Sources at Warid confirm that the appointment of Younas is also supported by those people who are now creating a state of confusion for the CEO and his role in the company. An insider on the name of anonymity told that many people from Zouhairs team have been communicated indirectly about their future and they are on notice now. Existing clash will badly effect the performance of Warid which is already very fragile at the moment, source confirmed. People related to telecom sector already know that Warid has already lost its 4th position to Zong and now it is at number 5th position whereas, Telenor, which had started its struggle at the same time is on number 2 position with 30 million subscribers. When Zouhair Khaliq had joined Dhabi Group as the head of both the sister companies (Warid and Wateen) back in January 2011, he was given the task to turn around both the loss generating units of Dhabi Group. Prior to this, Group had already strived hard to sell both the operation but could not inspire any major group despite of talking to almost every potential buyer in town including China Mobile, Etisalat and even Telenor. Seemingly board is divided into two school of thoughts, Bankers and Telecom lovers. We are not in a position to judge who is more loyal to the group which is for sure another debate that we may cover later but ongoing events at Warid point towards a gloomy future for the company. In such a cloudy situation, soon we may see another management reshuffle at Warid which by no way is recommended whether Dhabi Group has to run the company or put it on shelve for sale. In both cases, it needs a strong team to execute the task. Unfortunately, Younas Sheikhs past experience does not guarantee the fulfillment of promises. His previous CEO at Ufone Abdul Aziz never considered him to lead commercial operations as Chief Commercial Officer despite of his many years of working and lobbying at Ufone. Instead Aziz hired Salman Wasay an outsider to be the hero. Source tell that it was the appointment of Salman at Ufone that made Younas realize to explore new worlds for his career. With Younas as in charge, we foresee more changes at Warid soon. Role of Sohail Jan has already been limited to Sales and Distribution who was also taking care of marketing affairs prior to this. Other staff members are being sidelined as well. People privy to the matter claim that Dhabi Group has always wanted to sell Warid Telecom but lobbies at the top most level have always made things worse for the company and thousands of its workers who remain uncertain under every leader who takes command.

Update: Dated October 13, 2012

For our readers understanding, we are publishing the letter that was circulated to Warid Team from HR department. Also below the email there is the version from Warid Telecom with reference to above story. It is up to our readers now to compare both the statements. Dear Warid Colleagues, Considering the organizational focus and direction to establish itself as a formidable market player, we hereby announce that Mr. Younas Iqbal Sheikh will be joining us tomorrow (10th October, 2012) as Chief Commercial Officer (CCO). Younas has been associated with the Telecom Industry for over 14 years now, whereas prior to joining Warid he worked with three other cellular operators in different Commercial Leadership Roles. His diversified experience includes VP (Sales & Distribution)-Ufone, Executive Director (Sales & Marketing)-Wi-Tribe, GM (Sales & Distribution)-Ufone, Director (Distribution)-Mobilink & COO (Chief Operating Officer)Worldcall. As CCO, Younas will have the accountability and responsibility for Marketing, Sales & Customer Services domains/functions at Warid. Mr. Suhail Jan & Mr. Nauman Fakhar will report directly to CCO as VP Sales & Distribution and Head of Customer Services respectively. Relevant Marketing Functional Heads/Directors will also report directly to CCO till further notice. We request all concerned to ensure their full support and cooperation.

Você também pode gostar