Subsea cable operator Seacom has announced the resignation of group chief executive officer Oliver Fortuin.
In a statement, the company says Fortuin will continue to serve in his position until June, during which time he will continue to support the Seacom board and also participate in the process to announce his successor, which the company expects to conclude in the coming weeks.
Fortuin was appointed as Seacom CEO in January 2021, replacing Byron Clatterbuck, who also resigned, ending his eight-year tenure with the company.
Prior to joining the subsea cable operator, Fortuin was MTN group chief enterprise officer.
According to Seacom, Fortuin’s decision to leave the company comes as a result of a decision to be closer to his adult children, who have relocated overseas.
“It’s been a privilege to lead Seacom on this next stage of its development. Seacom is blessed with great talent and a very experienced leadership team, who will provide both the continuity and expertise required to ensure we remain a leader on the continent as the company continues to transform and expand.” Fortuin says.
During Fortuin’s tenure, it notes, he drove the company’s ambitious five-year strategy to become a Pan-African converged telecommunications organisation.
Based on this, Seacom says it has diversified its offerings in the wholesale and enterprise segments, as well as entering new key markets, broadening its geographic footprint.
Seacom has completed several major acquisitions under Fortuin’s guidance, it adds. These include the acquisition of ICT service provider EOH Networking Solutions and Hymax, as well as the purchase of selected infrastructure assets in Kenya and Uganda.
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