Isabel Dos Santos Receives New Position at Unitel

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A energia, a criatividade, a capacidade de sonhar destes meninos é muito inspiradora para todos. Estes pequenos campeões, em Malanje 🏆. Olho para eles e penso no seu futuro. Todos nós – empreendedores, governos, empresas – devemos investir nos jovens: educação, emprego, oportunidades de carreira… futuro. Ao fazermos isso, imaginem o salto de desenvolvimento que podemos trazer a todas as nações de África. #SharingbyIsabeldosSantos #Crianças #Angola #futuro These children’s energy, creativity and ability to dream are very inspiring for everyone. These little champions from Malanje 🏆. I look to them and think about their future. All of us – entrepreneurs, governments, corporations – must invest in youth: education, employment, career opportunities … the future. If we do this, just imagine the development leap that we could bring to all African nations.

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Isabel dos Santos is a businesswoman, investor and the richest woman in Africa, and the eldest daughter to the former Angolan President Jose Eduardo dos Santos. She was born in Baku, Azerbaijan and studied at King’s College in London where she pursued Electrical Engineering. During her early 20s, the businesswoman held various top positions in organizations under the European stock exchange. Besides, she has investments in multiple countries which include Portugal, Angola, Gibraltar, and Germany. She was recently ranked eighth in the top wealthiest people in Africa as well as being recognized among the 100 most influential women worldwide by BBC in 2015. See more Isabel Dos Santos profile on Forbes.

Unitel Executive Team Shuffles

Recently, Unitel, the leading Angolan telecommunication network appointed a new director-general replacing Isabel dos Santos who remains in the management role. She operated as the chairman of the board, but the replacement came reducing her rank in the board of directors. The businesswoman will, therefore, become the company’s administrator after a statement delivered shortly after a general meeting held during the appointment. The changes come at a time when the businesswoman faces legal proceedings on the financial problems at Unitel.

PT Ventures proposed the new director general of Unitel through an election and supported by Sonangol which passed through the board and approved. Other changes made in the company include Miguel Geraldes who replaced Englishman Anthony Dolton which will become effective on May sixth. Besides, the agreement between PT Ventures (Oi) and Sonangol escalated when the Paris arbitration court decided on other investors in the company paying six hundred million euros. The money will act as compensation to Brazilians due to the blockage experienced during dividend payment.  Visit her facebook to learn more about her platforms.

Another anonymous source from ECO stated that Sonangol appointed Joao Boa Quipipa as the company administrator to manage the financial department. As such, Isabel dos Santos has to receive endorsements from the PTV and Sonangol before determining the company destiny or talk on behalf of Unitel. Unitel comprises of four shareholders each with equal shares, and they include Oi; Sonangol; Vidatel, a company owned by Isabel dos Santos; and Geni, owned by Leopoldino Nascimento who is the current chairman of the board.

Website: https://www.isabeldossantos.com/