Econet boss steps down


Econet Wireless Global chief executive officer Craig Fitzgerald has stepped down and will now become advisor to founder Strive Masiyiwa, the company said on Friday.

Econet Wireless Global is a privately held company based in Mauritius with Econet Wireless Zimbabwe as its flagship.

“We can confirm that Mr Craig Fitzgerald resigned from the company at the end of last year, in order to pursue other interests,” the company said in a written response to questions.

“The circumstances of his departure were completely amicable, and after he completes his notice period, he will transition to a new role as an advisor to the Executive Chairman. Mr Fitzgerald’s former role has been divided between a number of senior executives in the group, who report directly to the executive chairman. The telecoms group, under which Econet Wireless Zimbabwe falls, now reports to Mrs Tracy Mpofu.”

Fitzgerald joined Econet as chief financial officer in 2000. In this position Fitzgerald was responsible for financial reporting as well as all corporate finance and merger and acquisitions activities of  the group. He was appointed group chief executive in 2009.-The Source


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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.


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